Best Forex Signal Provider


Presentation Description

This PPT is about Forex? This PPT is on behalf of tradoefy technical solutions.


Presentation Transcript

What is Forex?:

What is Forex ? Another names of Forex is Foreign exchange and currency trading. Forex or currency trading is a global market where currencies are traded. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

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When People travel abroad then they need to convert their currencies. For example if a person is traveling dubai from India so they convert their money from Indian Rupees to Dirhams . So the same way the forex market is global market. FOREX TRANSACTION: IT'S ALL IN THE EXCHANGE

How currency pairs are traded? :

How currency pairs are traded? A  currency pair is the quotation of the relative value of a  currency unit against the unit of another currency in the foreign exchange  market.   GBP is the base currency and JPY is the quote currency.

Major Currency Pairs :

Major C urrency Pairs EUR/USD- Euro/US Dollar USD/JPY- United States Dollar/ Japanese Yen GBP/USD- Great Britain Pound /United States Dollar AUD/USD-  Australian Dollar/ United States Dollar USD/CHF- United States Dollar  /  Swiss Franc NZD/USD-   New Zealand Dollar/ United States Dollar USD/CAD- United States Dollar/ Canadian Dollar

Minor currency Pairs:

Minor currency Pairs EUR/GBP – Euro/British pound CAD/JPY – Canadian dollar/Japanese yen GBP/AUD – British pound/Australian dollar GBP/JPY – British pound/Japanese yen EUR/JPY – Euro/Japanese yen EUR/NZD – Euro/New Zealand dollar EUR/AUD – Euro/Australian dollar EUR/CHF – Euro/Swiss franc EUR/CAD – Euro/Canadian dollar CHF/JPY – Swiss franc/Japanese yen AUD/JPY – Australian dollar/Japanese yen NZD/JPY – New Zealand dollar/Japanese yen GBP/CHF – British pound/Swiss franc GBP/CAD – British pound/Canadian dollar

Operating hours :

Operating hours Forex market has different operating hours for different countries due to the difference between time zone. In Asia Monday Morning in Asia to Friday Afternoon. And in afternoon New york the forex market is a 24 hour market. This differs from other markets such as stock market and commodity market.

Forex Trading Benefits :

Forex Trading Benefits There are many benefits of forex trading. As it is very profitable and requires less capital in the comparison of other trading segments. For profitability in forex the traders need proper planning which is somewhere difficult for indivisuals who are new in this market or due to their busy schedule they can not focus.

Best Forex Signal Provider:

Best Forex Signal Provider For the convenience and help of traders there are Best Forex Signal Provider are available in the market who are into providing services. Traders can take the help of Best Forex signal Proivder to make better money in forex market.

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Thank You