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Currencies on forex.

Discussion in 'General Discussion' started by Geoff Allott, May 19, 2017 at 10:03 AM.

  1. Geoff Allott

    Geoff Allott Well-Known Member Trader

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    Currencies on forex are traded in pairs, one currency’s value either drops or rises in comparison to another. Currencies are represented by a three letter abbreviation such as USD, JPY or EUR. In the currency pair the first currency is called the base currency and the trailing is called the quote currency. The price at any given moment shows how much of the quote currency is needed to equal one unit of the leading or base currency. I am doing trading with all major currency pairs with TryMarkets.
     
  2. Jonny Bairstoir

    Jonny Bairstoir Member Trader

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    Forex is the globally decentralized currency trading business. Currencies of different country are the main ingredients here to trade with. It is a online basis market where anyone can trade from any corner of the world. Here brokers are the main media. To choose a right broker has become very tough work to do. Luckily I found a broker called trade-24.com where I found no errors while trading.
     

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