Good thing when you start trading foreign exchange
- 7월 24, 2017
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Good thing when you start trading foreign exchange
What is FX?
Foreign Exchange Abbreviation, also called Forex, refers to a transaction in which two currencies are exchanged and one currency is bought and sold in another currency.
If the exchange rate falls on one side, the other side will go up. It is called Forex to make profits by using profit of exchange rate.
Advantages of Forex Trading
- Low exchange fees
- Directly transfer the money earned on the spot
- Predict exchange rate through public information, and no confusion of information by others
- Available 24 hours
- Exchange fees are 1 ~ 2% cheaper than foreign currency deposits
If you want to start foreign exchange trading, please read and understand the fluctuation of the exchange rate due to the characteristics of the rapidly changing exchange rate.
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