INTRODUCTION TO FOREX

in #forex5 years ago

INTRODUCTION AND WHAT IS FOREX*

Forex is just a Short form for *FOREIGN EXCHANGE. Forex is one of the largest market in the world with a Total Daily Liquidity of $5.3 Trillion dollars. It is larger than New York Stock Exchange market and the Cryptomarket combined together.
WHAT IS TRADED ON FOREX
Someone would ask what is traded on the Forex Market. This is not the form of market where buy your clothes or shoes. This is not Idumota or Oshodi or your normal markets in any parts of the world you are. In forex market we trade the following:
SpotOIL, Futures, Gold, GoldE, Silver, OIL, Shares EU, Crypto, Commodites, Shares US, Shares UK, Bonds
Energy, Crypto1, AUDCAD, AUDCHF, AUDJPY
Some are currency pairs of different countries, others are commodities, Oil, Precious metals, some Cryptos, and Bonds etc. we would come to see them later.