FOREX

Forex stands for Foreign Exchange, which means the exchange of a chosen currency for another in the financial market. Forex trading was available since the ‘70s of the XX century. It is a fast-growing and most frequented market in the world. The daily online trading turnover on Forex is worth almost 4 trillion US dollars.

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Like any other market, Forex trades certain goods, namely national currencies of different countries.

The main principle which drives the currency market is the need of government institutions as well as commercial companies around the countries to convert profits generated abroad into their national currencies. However, their share makes just 5% of the Forex turnover. The left part comes from speculative moves of currency traders, who are concentrated on making profits from the fluctuations of main currencies.

FOREX IS STABLE

As it is already known, that each market inside the financial market runs a serious risk of collapsing. However, unlike other markets like stocks and commodities, Forex Trading is secured from a crash since it is the most liquid and reliable trading environment among all the available ones.

The number of speculative trades (85%) is carried out including the most popular currencies called “majors” such as the US dollar, the Japanese yen, the Euro, the British pound, the Swiss franc, the Canadian dollar, and the Australian dollar.

FOREX IS AVAILABLE TO ANYONE

It is enough to have an internet connection, so online traders can make deals with customers from other states. So, an unstoppable dynamics of foreign currency exchange rates, traders’ technical trading abilities, and cutting edge trading platforms make it possible to set up a healthy business in no time. Nowadays, services of GeneveMarket are raising their popularity as they make it easy for clients to trade with each other by offering their best buy and sell prices.

FOREX PROVIDES EASY ACCESS TO THE MARKET

GeneveMarket offers its clients decent trading conditions. All you need is to open a trading account and start making money.

FOREX INDICATORS

We are proudly operating in this industry by offering technical indicators which are created by the specialists of GeneveMarket Company. You will find them irreplaceable tools for analyzing and forecasting the price movements. Information as conclusions, formulas to calculate certain measures, and tips for practical use. These indicators are available in Meta Trader 4 platform and Web Trader also.

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