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exchange of money from one party to another. Address for cardholder correspondence. You enjoy: Award-Winning Customer Service: Get 24/5 service when you need it, wherever you are. Just How Large Is the Forex Market? Just like stocks, you can trade currency based on what you think its value is (or where it's headed). There are no clearing houses and no central bodies that oversee the forex market. The business day calculation excludes Saturdays, Sundays and legal holidays in either currency of the traded pair.
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The forex market is unique for several reasons, mainly because of its size. With a futures contract, the buyer pays a portion of the value of the contract up front. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market. Because the market is open 24 hours a day, you can trade at any time of day. Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. Open your free forex demo platform and trade your opinion. Differences Between Forex and Other Markets There are some major differences between the forex and other markets: Fewer rules : This means investors aren't held to as strict standards or regulations as those in the stock, futures or options markets. With a market this large, finding a buyer when you're selling and a seller when you're buying is much easier than in in other markets.
When trading in the forex market, you're buying or selling the currency of a particular country. During the Christmas and Easter season, some spot trades can take as long as six days to settle. Award winning broker, we have been presented with a number of awards that recognise the quality of our service and dedication to our clients : Best FSA Regulated Broker.
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