You may have asked yourself why you are getting interested in the Forex market, what attracts you that much and why you have
decided to start trading. Actually, there may be many reasons, but let us note that the most important one is the independence.
The advancement of the Internet made the market available around the globe and thus possible for people to trade online. The
reason of the growing interest is the financial independence which is possible to gain through going deep into Forex and trading
wisely. No matter you are a doctor, teacher, manager or a journalist, still you may be involved in this limitless market. Here you do
not have to deal with any boss and bare someone’s appeal or anger; you are accountable only to your personality and thus are free
to make your own decisions.
Are you interested? Let us introduce you some important features about Forex market, which will help you in studying this interesting
area and obtaining profit from it.
What?
For ordinary person not engaged in Forex trading, it is
very easy to explain the definition of Forex with an example
of travelling to different countries. When arriving
at one country, the first thing to do for a visitor is to exchange
the money of his/her country with the currency
of the particular country. This process is itself participation
in Forex market- exchange one currency for another.
The term Forex stands for the Foreign Exchange and can
be defined as an international currency market. Forex is
very unique in its essence because it is everywhere neglecting
the factor of time zone and geography. In contrast
to other physical markets, where monopoly can
exist, in Forex market despite the very different market
participants, there is no any dominance, and the market
remains out of any control.
