What Is Forex Trading And Why Trade It?
The forex market makes use of symbols to designate particular forex pairs. The euro is symbolized by EUR, the U.S. dollar is USD, so the euro/U.S. Other commonly traded foreign money symbols embody AUD , GBP , CHF , CAD , NZD , and JPY . Is IQ Option legal in India Gordon Scott, CMT, is a licensed dealer, energetic investor, and proprietary day dealer. He has offered schooling to individual traders and buyers for over 20 years.
When you buy or sell a forex pair and hold it overnight, a Swap or Rollover payment could also be paid or charged to you. This is the funding element which is required to keep up your position.
When you buy or sell a forex pair and hold it overnight, a Swap or Rollover payment could also be paid or charged to you. This is the funding element which is required to keep up your position.
