FX:EURUSD Rates by TradingView
Uforex
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Note: These are not trading prices. To view real-time changing trading prices, download the "MetaTrader 4" trading platform and open a demo account on the "UForex-Demo1" server.
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FAQ
What is Forex?
Forex is the international currency market.
Where is the Forex market organized?
Forex does not have a central location. Trading operations in this market are carried out through program that can be downloaded on computers and mobile phones. Participants include government agencies, large trading companies, financial institutions, and individuals.
How do traders make profit in Forex?
The trading principle here is simple: buy a currency pair when it's cheap – sell when it's expensive, and vice versa. Currency exchange rates constantly fluctuate, providing traders with the opportunity to profit from these changes.
Which currency is most traded in the Forex market?
In the Forex market, the most liquid currencies are the most traded. Currently, 85% of currency trading involves the US dollar, Japanese yen, euro, British pound, and Swiss franc. The most traded currency pair is EUR/USD.
Do the stock market and Forex market operate on the same principles?
No. While in the stock market you can profit from price increases, in the Forex market, you can profit from both price increases and decreases.
