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  The currency (foreign exchange) market is the largest and oldest financial market in the world. It is also called the foreign exchange market, or "FOREX" or "FX" market for short. It is the biggest and most liquid market in the world, and it is traded mainly through the 24 hour-a-day inter-bank currency market - the primary market for currencies. The forex market is a cash (or "spot") inter-bank market. By comparison, the currency futures market is only one per cent as big. Introduction to FXtraderschat online will help you better understand the nature of online forex. Learn about forex trading strategies and get trained in currency trading. This basic knowledge will guide you to making correct decisions in the process of trading currency. Currencies are traded in pairs. A spot trade is "opened" when you simultaneously buy a block of one currency and sell another. A trade is"closed" when the reverse is done. To earn a profit, you buy low then sell high, or sell high and then buy low.

 

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