What is Forex trading?

jannatmirza

Newbie
Mar 12, 2024
1
0
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Forex trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies in the foreign exchange market. The foreign exchange market is a decentralized global market where participants trade currencies. The foreign exchange market, also known as the forex market. It is the largest and most liquid financial market in the world.

Forex trading works through the buying and selling of currency pairs in the foreign exchange market. A "[URL deleted] funded program" typically refers to a trading arrangement where a trader is provided with capital (funds) by a proprietary trading firm or a proprietary trading fund to trade financial instruments, such as stocks, options, or futures.
Here's how a funded program in the proprietary trading industry generally works:
* Traders interested in participating in a funded program typically go through a selection process, which may involve assessments of their trading skills, risk management abilities, and overall market knowledge.
*Traders are allowed to use the provided capital to trade financial instruments.
*While traders have access to firm capital, they are also subject to risk management rules and guidelines set by the proprietary trading firm.
*Some proprietary trading firms offer training and support to traders in their funded programs.
*Traders' performance is regularly evaluated based on their trading results.
 
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Oli_jackson

Trader
Mar 27, 2023
93
12
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Theoretical knowledge, practical experience, small deposits, growing accounts, and a pocket full of money (being a bit lucky).
 

ginoschaefer

Trader
Sep 25, 2023
8
0
7
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Forex trading is the buying and selling of currencies in the foreign exchange market, the largest and most liquid financial market globally. It involves trading currency pairs, with participants exchanging one currency for another at determined exchange rates