What forex shortage stands for? For Foreign Exchange, you may know this type of trading also under following names: Forex Trading, Currency Trading, Foreign Exchange Market, or shortly FX. This market is just about buying one currency and selling another currency. So the general task is to buy cheap and sell expensive. FX market is open 24 hours a day, 5 days a week – only weekends are off. Main financial centres of FX are London, New York, Tokyo and Hong Kong.

How to trade Forex

Trading forex means trading currency pairs. You as a trader, for example, buy euros with dollars and you expect that the value of dollars will go down in comparison to euro. If your prediction is correct you earn money by reverse sale. The principle of currency trading is very easy to understand, however trading itself not so much, therefore you need to …