WHAT IS FOREX TRADING? FOREX DEFINITION
An example that you are probably most familiar with is the exchange rate of the euro (EUR) against the United States currency, namely the dollar (USD).
The comparison of the value between EUR and USD is what we then know as the euro exchange rate against the dollar which is often written with the symbol EUR / USD.
Did you know that in the last ten years, forex trading around the world is now growing very rapidly? along with developments with cryptocurrencies.
In fact, almost all levels of society are familiar with and directly involved in trading in the forex market.
This of course becomes very reasonable considering the opportunities that can be achieved from forex trading are very large.
The main reason why the opportunities that can be obtained from forex trading are very large is because every economic activity in the world today almost all boils down to currency.
Because of this, the forex market is one of the largest financial markets in the world with a transaction volume of more than 5 trillion dollars every day!
So it can be said that the forex market will continue to run as long as humans are still carrying out economic activities.
In online forex trading, you can make transactions whenever and wherever you want for 24 hours a day and five days a week, Monday to Friday.
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