Trading Meaning Forex
What is forex trading? basically, the forex market is where banks, businesses, governments, investors and forex traders come to exchange and speculate on currencies. forex trading is also referred to as the 'fx market', 'currency market', 'foreign exchange currency market' or 'foreign currency market', and it is the largest and most liquid market in the world with an average daily turnover. Operating hours. from monday morning in asia to friday afternoon in new york, the forex market is a 24-hour market, meaning it does not close overnight. this differs from markets such as equities. A forex or currency futures contract is an agreement between two parties to deliver a set amount of currency at a set date, called the expiry, in the future. futures contracts are traded on an. The meaning of drawdown in forex. when it comes to forex trading, drawdown refers to the difference between a high point in the balance of your trading account and the next low point...