Monday 12 June 2017

Forex Income

What is Forex?

 Forex or Spot Forex is the foreign exchange buying and selling. In forex market you can sell a country's currency and buy a country's currency. For example, the currency of the US or the United States of America or the United States is pound. You can buy dollar by selling pound or pound at the Forex market. Apart from the dollar or pounds, there are different countries in the currency that you can buy and sell at the forex market.

how is it possible to earn from forex market? 

Various coins of different countries are all over again. You might have seen in the magazine that sometimes it is getting stronger against the dollar, and sometimes the money is strong against the dollar. This is the highest rate of currency in the world. So, if you have bought dollars, you can buy euro by buying dollars and then euro against the dollar. Again, if the Euro is strong against the dollar, you can get more dollars by selling euro.

How do I buy or sell dollars or other coins?

 To trade forex, you will first need to open an account with a forex broker and deposit it. The account can easily be opened online in two minutes. You can immediately deposit your account with various online currency such as PayPal, Alert Pay, Liberty Reserve etc. and start trading forex.

    Maybe you had 100 dollars that you bought 80 euro by selling. Later, after rising Euro, it sold it to $ 120. This way you can earn. We can profit if the share price increases only in the share market. But in forex market, a currency is strong or weaker, we have the opportunity to profit in both cases, which is the biggest advantage of Forex market.

How do I buy or sell dollars or other coins? 

To trade forex, you will first need to open an account with a forex broker and deposit it. The account can easily be opened online in two minutes. You can immediately deposit your account with various online currency such as PayPal, Alert Pay, Liberty Reserve etc. and start trading forex.

But most people usually deposit with the forex brokers through the bank. In that case, after the account opening, you will get detailed information of your broker's bank account number and bank deposits.


Once the deposit has been completed on your account, you can start trading. Forex trading is done through online software. This software allows you to download free from your broker's website. By installing the software, the broker will provide the username and password provided by the broker and the sign will be loaded with different pair of charts and price list and you can open / close your trade.



Credit:  sumit sarkar 
Link:  http://freeluarnonlinejob.blogspot.in/2017/06/there-are-10-ways-to-earn-online.html
Email- sarkar.chk1@gmail.com 

No comments:

Post a Comment