The Foreign Exchange market began in 1971, when the United States moved away from the Gold Standard. Floating exchange rates began and most currencies are traded against the US dollar (USD), the world's largest free economy. The Foreign Exchange market is an over the counter market (OTC), an inter bank, inter dealer market, whereby trades are executed by telephone or by electronic networks between any two counter parties that agree to transact. Banks and Dealers negotiate and trade based upon exchange rates obtained via distribution networks, such as Reuters, Of course many commercial organizations are participating purely due to the currency exposures created by their financial institutions accounts on their import-export activities. Investing in foreign exchange remains predominantly a domain of the big professional players in the market such as hedge funds, banks and brokers. Nevertheless, any investor with the necessary knowledge and complete understanding of this market can benefit from trading this exciting arena. We recommend that clients start off by completing our home study training course. Familiarize yourself with the software and trading concepts and get to know the market as soon as possible. Learn all about market terminology, about currency codes, how each currency pair is structured, the five major instruments, buying and selling, bid and ask, lot sizes, pips and pip values, margin accounts, all about market orders, stop orders, limit orders, roll over, and profit and loss.FOR MORE DETAILS PLZ VISIT FOLLOWING VIDEO
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