Forex market Like all other markets, currencies are traded here instead of just food and goods. Anyone can trade forex, but those who trade are called brokers. Here, the various currency is bought and sold. Such as the euro and us dollar. If you want to sell the euro and buy the dollar, then you will open the EURO / USD trade and press buy. If you want to buy a euro from the dollar, you must follow the same option. People usually buy a currency pair at the lower price on the forex and sell the currency pair at a higher rate. The difference between the buy and sell price here is the difference. Suppose, you have 200 dollars in your trading account. The exchange rate is 1.50. Which means, from 1 euro you get 1.50 dollars. The exchange rate is, for example, the price tag that is at the grocery store. The difference here is that the price tag here is always changing.
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