What's Trading Forex
Forex brokers will quote you two different prices for a currency pair: the bid and ask price.. the “bid” is the price at which you can sell the base currency. the “ask” is the price at which you can buy the base currency. the difference between these two prices is known as the spread.. also known as the “bid/ask spread“. the spread is how “no commission” brokers make their money. What isforex 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. Forex Trading A Beginners Guide Investopedia How to trade forex. trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of i...