Forex market remains open all over 24 hours 5 days a week but in india market close at 5 pm. hence, it is advisable to choose intraday rather than position. be aware of the scams in the forex market.. Forex trade takes place in the global market known as the foreign exchange market for currency trading, where an exchange of one currency happens for another. for instance, if the forex trader resides in india and wants to trade rupee with dollar, the base currency would be indian national rupee (inr) and quote currency would be dollar.. Actually, there are three ways in which individuals, corporate and institutions trade forex – the spot market, the forwards market and the futures market. the spot market witnesses the largest quantum of trades – that is because both the futures and forward markets are based on the underlying real asset i.e. the spot market..
How to trade forex. trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. to put it into perspective, the securities market trades about $22.4 billion per day; the forex market trades about $5 trillion per day.. Currency prices are affected by a variety of economic and political conditions, but probably the most important are interest rates, international trade, inflation, and political stability.. India is not the only country to restrict forex trading. indeed , forex trading is restricted in about twenty countries globally. these countries promote propaganda to push their citizens away of forex trading (online or offline)..
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