Alex Y
Ignored Show Content
- Status:
- Commercial Member
- Last Online:
- Dec 4, 2013
- Using Local Time:
- 11:34pm
- Joined Forex Factory:
- Jul 2010
Input by Alex Y
About
- Trading From:
- London, United Kingdom (map)
- Age:
- 40 years old
- Occupation:
- Union Park
- Trading Style(s):
- Fundamental Analyst, Quantitative Analyst, Technical Analyst
- Favorite Trading Book:
- "Practical techniques and strategies forex market", "The truth about Forex" (Amazon)
- Biography:
- I real Forex Trader of the foreign exchange market (Forex). What is the Forex?
The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.
The primary purpose of the foreign exchange is to assist international trade and investment, by allowing businesses to convert one currency to another currency. For example, it permits a US business to import British goods and pay Pound Sterling, even though the business' income is in US dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation on the change in interest rates in two currencies.
In a typical foreign exchange transaction, a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
I like Forex! And I trade with a huge number of forex brokers, such as:
FXOpen, GOMarkets, InvestTechFX, InstaForex, FxPro, pipfix, Alpari ,RunnerForex, EXNESS, Trading Point, Vantage FX, LiteForex, pipfixed, Forex4you, eToro, FXCM, Prime4x, FXcast, MasterForex, MB Trading, Marketiva, Plus500, XP, iFOREX, Loyal Forex, SwissDealing, GCI Financial, AAAFx, Forex-Metal, FX|Clearing, Gallant Capital Markets, Tadawul FX, Ava FX, Forex.com, UFXBank, OANDA, BroCo, Forex Club, ForexYard, Dukascopy, Exto Capital, Finexo, CMS Forex, HotForex, FastBrokers, MIG Bank, MRC Markets, ODL Securities, RoboForex, TradeView Forex, United World Capital, AC Trading, AccentForex, ForexControl, ForexHunt, FBS, FXCH, KON GM – Royal Division, FXDD, Interbank FX, X-Trade Brokers, Alma Forex, Crown Forex, FX Solutions, TFIFX, ACM, ActivTrades, Admiral Markets, BTrader, Easy-Forex, EFOREX, IG Markets, MGFOREX, Xforex, Basel Financial, E-Global, Forex WebTrader, FXCM Micro, GFT Forex, Global Futures, NorthFinance, Profiforex, Questrade FX, Real Trade, Saxo Bank, WSD, FOREX MMCIS, HY Markets, IncoNeon, Pepperstone, TradeFort, Tradenext, You Trade FX, ECN Alpha Limited, EMPFX, Fit Markets, Fx Innova, FXG Bank, IamFX, IFC Markets, One Financial, RFXT, RVMarkets, Akmos Trade, Arab Financial Brokers, Boston Merchant Financial, CitiFX Pro, CMC Markets, DeltaStock, Finotec, ForexGen, FxCompany, FXGM, iTradeFX, Neuimex, VarengoldBankFX, Windsor Brokers, AstaForex, ATC Brokers, Azurite Markets, FXM Financial Group, FXOptimax, FXTSwiss, Gedamo Investment, Interactive Brokers, NobleTrading, Real Forex, Spread Co, Tamley Global Markets, Velocity Trade (ex Latitude FX), WH SelfInvest, Advised Trading, Ajax Financial, bforex, CGTIM, Deutsche Bank, FOREX, DfxTrade, FinFX, Forex Capital Trading, Forex Trading, Edge, FX Trading, FX-PRO, Hotspot FX, IFX Markets, Ingot Brokers, Invest2Forex, Investors Europe, IronFX, NordMarkets, Pip Forex, STRATO Markets, Synergy FX, Synthesis Bank, Trader's Way, Wall Street Brokers
Input by Alex Y
Links
- Website:
- mybestforexforum.com
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