We have heard several time the name Forex trading but we are unable to understand what is Forex trading and how peoples are making money with this system. Now I am going to explain it in my own language. just listen if we open any shop and keep various kinds of products in that. We begin to sell them with commission basis, but meanwhile if any price of any product rise or decrease then we suffer from this circumstances. Due to which we can gain extra profit or loss. If there will be increase in any product like rice, wheat then we gain extra profit. Because we had bought it with less amount before increasing the selling price of it.
Similarly the Forex trading is. It is a trade of currencies and is done in exchange with currencies of different countries.
Similarly the Forex trading is. It is a trade of currencies and is done in exchange with currencies of different countries.