WHAT IS FOREX ?

WHAT IS FOREX ?

Forex, which stands for “Foreign Exchange”, means buying or selling transactions according to the value of any country’s currency against a different country currency. It is an impossible market to manipulate due to the very high transaction volume ($ 5 trillion per day). With the widespread use of the Internet, Forex, which makes foreign exchange transactions online, meets all the needs of investors in this regard. In the Forex market, you can perform your financial transactions either on mobile devices or on your tablet and computer.

The most important feature of Forex is that you do not need to go to an office for foreign exchange buying and selling.There are no currencies as the only product in the forex markets where you can trade 5 days a week and 24 hours a day. Besides, you have a chance to invest in assets such as Gold, Silver, Petrol etc. The forex market is completely independent and not under the roof of a particular firm or group.

It is the largest market in the world and there are many advantages provided by the large number of participants. The most striking and most profitable of these is the presence of a leverage system. In this way, you can trade up to 500 times your money and earn money.