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Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 4 October 2023 What Is the Definition of Currency in the Context of Forex? Currency in the context of Forex is a form of money used to purchase goods and services in a particular country. It is also used as an investment vehicle, as traders buy and sell currencies to make profits. In the foreign exchange market, currencies are traded in pairs; for example, US dollars (USD) and euros (EUR). The value of one currency relative to another is determined by supply and demand forces in the market. In Forex trading, currency pairs are quoted using five decimal places. The fourth decimal place indicates a fractional pip; for example, if EUR/USD moves from 1.1234 to 1.1235, this would be considered a pip movement. A pip is the smallest unit of price movement for any currency pair; it is usually equal to 0.0001 or 0.00001...
AI Hub 30 September 2023 How Can I Trade in the Forex Market Using a Mobile Device? The foreign exchange market, also known as the forex market, is the largest financial market in the world. With an estimated daily turnover of more than $5 trillion, it offers a great opportunity for traders to make money. Traders can now access this lucrative market from anywhere in the world with a mobile device. In this article, we will discuss how you can trade in the forex market using a mobile device. Forex trading involves buying and selling currencies in order to make a profit from changes in their exchange rates. It is one of the most popular forms of trading due to its high liquidity and 24-hour availability. As long as there are buyers and sellers willing to trade, it is possible to make money from currency fluctuations. The...