Currency (FOREX) Trading

The foreign exchange (FOREX) market is considered to be the highly liquid and leading financial market globally. Traders include large banks, currency speculators, central banks, jobbers, hedgers, arbitragers, corporations, governments, and other financial institutions.

It is the next big emerging opportunity World Wide. A defined knowledge bank of the same will assist in realizing the true value from the growth of this market.

Forex is an acronym for Foreign Exchange. Therefore, Forex trading refers to trading in currency pairs, viz. Rupee / Euro, Rupee / Dollar, Dollar / Yen, Dollar / Euro, etc.

Currency or FOREX Trading is a multi – trillion dollar market where world currencies are traded virtually around the clock. Forex Trading is much simpler and safer and does not need large investment. Thus, it can be a good source of additional income.

Trading & Investment in any of the Financial markets is very tough as known by the fact that most beginners lose money into the markets.

This is all due the lack of knowledge, not taking professional training for the same and they start losing money into the market due to emotional trading mistakes that they do. However, success can be achieved with the right education, practice, and experience. So, what is currency trading and is it right for you?

The foreign exchange or the FOREX market is a global over-the-counter market for the trading of currencies. The currency / FOREX (FX) market, is the one of the largest trading & investment market in the world and continues to grow annually, with more than $4-5 trillion in value exchanged daily, in which the currency option trading market plays a vital role.

This market determines the currency prices for exchange of currencies around the world. This includes all aspects of buying, selling and exchanging currencies / FOREX at current and determined prices.

Objective:

• To comprehend how the foreign Exchange Market (FOREX) operates.
• To understand Currency Valuation principles.
• To elucidate techniques that can be utilized to hedge foreign exchange (FOREX) risk.
• To develop an understanding on foreign exchange (FOREX) Management.