Leveraged buying and selling in international forex or off-exchange merchandise on margin carries vital threat and will not be appropriate for all buyers. We advise you to rigorously think about whether or not buying and selling is acceptable for you based mostly in your private circumstances. Foreign currency trading includes threat. Losses can exceed deposits. We advocate that you just search unbiased recommendation and make sure you absolutely perceive the dangers concerned earlier than buying and selling.
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The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.