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They make money 2 ways:
1) The charge a bid-offer spread, being the difference between the price that they buy and sell at. If they trade with 2 parties, one selling and one buying, they will make money from the difference.
2) They take directional positions, meaning price risk exposure. If the market goes their way, they'll make money, if not, then they will lose money.
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What is a forex trader and what do they do?
A forex trader is a stock market trader that works with the foreign exchange market. A forex trader has to make on the spot decisions because of the geographical size of the entire foreign market.
What is the benefits of foreign exchange?
The foreign exchange is the biggest market, therefore it has the highest liquidity which make it easier to perform technical analysis and predict market movement. The Forex market is active 24/5 and allows traders to transmit orders from all over the world.
What are the risks involved in foreign exchange market?
Trading with foreign currency is the risk, as because the change in the value of currency... As the market changes, traders have to make sure their trade to gain yield.. Without the experience and aware on trade, forex is the risk trade..
What is the point of the FOREX Foreign Exchange?
The point of the FOREX Foreign Exchange is to invest money from one type of currency to another in hopes to make a gain and profit from a certain currency rising in value. Money can also be lost in these type of exchanges when the currency you brought has went down in value.
Why do you need currency exchange?
Foreign Currency rates fluctuate based on the market forces of demand and supply. This means the rates can change at any given moment. We need a foreign exchange market to determine a value for each foreign currency and this would make it easier to exchange different currencies for one another.
What is a forex trader and what do they do?
A forex trader is a stock market trader that works with the foreign exchange market. A forex trader has to make on the spot decisions because of the geographical size of the entire foreign market.
Can you exchange foreign money at an international airport?
Yes, you can exchange money at an international airport, but there is often a higher fee placed on the exchange. It is often better to go to a bank to make this exchange prior to leaving your country.
What is the benefits of foreign exchange?
The foreign exchange is the biggest market, therefore it has the highest liquidity which make it easier to perform technical analysis and predict market movement. The Forex market is active 24/5 and allows traders to transmit orders from all over the world.
How do traders make a profit in currency exchange market?
my name is reza from Iran to make a profit in the currency exchange we must have 3 things 1 - enough time 2- enough money 3- a good strategy
How do traders make a profit in the currency exchange market?
my name is reza from Iran to make a profit in the currency exchange we must have 3 things 1 - enough time 2- enough money 3- a good strategy
What are the risks involved in foreign exchange market?
Trading with foreign currency is the risk, as because the change in the value of currency... As the market changes, traders have to make sure their trade to gain yield.. Without the experience and aware on trade, forex is the risk trade..
Where can one find information on international forex trading?
One may find information on international forex trading at the site "International FX Trading". Articles for all level of trading experience will help traders to learn the best ways to make money on the foreign exchange markets.
Does amscot make money change cash into change?
Amscot offers currency exchange services, but they typically do not exchange cash for coins or vice versa. They primarily provide currency exchange for foreign currencies.
What is the point of the FOREX Foreign Exchange?
The point of the FOREX Foreign Exchange is to invest money from one type of currency to another in hopes to make a gain and profit from a certain currency rising in value. Money can also be lost in these type of exchanges when the currency you brought has went down in value.
Is it possible to make money by buying and selling different currencies?
It's called forex (foreign exchange) trading and it's very possible to make serious money in it. It's also possible to LOSE serious money in it.
What is foreign exchange gain loss?
It's a foreign exchange gain or loss, so when you exchange currencies, you can either make a gain or a loss from it (profit or loss).
Why do you need currency exchange?
Foreign Currency rates fluctuate based on the market forces of demand and supply. This means the rates can change at any given moment. We need a foreign exchange market to determine a value for each foreign currency and this would make it easier to exchange different currencies for one another.
