Where can i trade in foreign currency

Where can i trade in foreign currency - Primary reason the fx market exists is to facilitate the exchange of one currency into another for multinational corporations that need to trade currencies continually (for example, for payroll, payment for costs of goods and services from foreign vendors, and merger and acquisition activity). Fully 80% of trades in the currency market are speculative in nature, put on by large financial institutions, multibillion dollar hedge funds and even individuals who want to express their opinions on the economic and geopolitical events of the day. Some retail dealers trade exotic currencies such as the thai baht or the czech koruna, the majority trade the seven most liquid currency pairs in the world, which are the four "majors":Eur/usd (euro/dollar). Anticipation is the key to success: the best time to position in the carry is at the beginning of the rate-tightening cycle, allowing the trader to ride the move as interest rate differentials increase.

Trading Forex for Beginners - The Basics

I show am example of a simple trade, what traders look for, and how you can make money of trading currencies. I also show how ...