What is Forex?

Forex is a relatively new and young market compared to other markets. Although it is a new market compared to other deep-rooted markets, it has been the most traded market in the world in a very short time.

What is Forex?

Being based on purchase and sale between trading currencies FX, that is Forex, stands for Foreign Exchange.In a simpler form of expression, it refers to the ratio of the currency of a country to the currency of another country. It is a market that does not have a physical center, thus it is called as ‘over the counter’ market. All investors who want to participate in this market can make transactions by downloading the metatrader platform wherever there is an internet network.

Having increased its recognition in a short term, the market is the world's largest and most liquid market with a daily transaction volume of 5.5 - 7 trillion Dollars. Although it is a market where foreign exchange transactions are predominant, it allows investors to invest in different investment instruments. This market is not only to the currencies; You can also invest in other commodities such as gold, silver, copper, oil. In addition, another important privilege provided by Lord Fx is the CFD that gives the possibility to invest in foreign stock market index with purchases and sales of forward contracts.

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