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Tuesday 29 September 2009

FOREX Online Trading – An Introduction

FOREX Online Trading – An Introduction

The Foreign Exchange Market (better known as the FOREX or FX market) as we know it today was established in 1971, following the abolishment of fixed currency exchanges. Operating 24 hours a day, 5 days a week, the daily currency trades on the FOREX market are worth in the region of $1.9 trillion US dollars making it the world's largest market and putting the major stock markets firmly into second place. So just what is FOREX trading and who are the players in this market?

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