Introduction to Forex

Those who were not familiar with the term, Forex refer to a global exchange market where currencies from different nations are bought and sold. It began in 1970’s by the veterans of the banking system. Today there are so many trading systems introduced in the market. As the other advantage is that the currencies traded in Forex are in pairs. Like the USE/EURO JYP/USD. In Forex, currency is done in pairs. Forex or foreign exchange is basically started to operate and let people invest money to trade currency from different nations. If people eager to enter forex market it advisable learn about and then go for real money trading. As forex is related with currency trading, its market movement depends upon the countries economical, political and social conditions. Unlike the equity market or the stock market, forex also has a trading system through which you can trade. In the early days, solely the system of currency exchange was supported by the gold amount held in the vault of a country.