Forex Trading Course | Mithuns Money Market

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Foreign exchange is the market place where
currencies are bought and sold with the intention
of gaining profit from the price change. The
forex market decides the rates of the currencies.
Since many institutions, banks and companies take
part in this, forex is the most liquid asset
market in the trading field.
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Major Participants of Forex Trading Commercial
banks Central banks Foreign exchange
brokers Retail clients
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Types of Transactions Spot Transaction These
types of transactions are dealt within 2 days.
The parties decide to exchange the currencies at
an agreed price. The rate at which the currencies
are exchange is called Spot Exchange Rate.
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Forward Transaction Forward transaction is when
the buyer and seller enter into an agreement of
sale or purchase of a currency at a fixed price
at a specified time period.
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Future Transaction Future transactions can also
be called as forward transaction because it is
done in the future. Future forex market is the
trading of currencies at specified future time
and the price of the currencies will be agreed
upon in the future.
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Conclusion Forex trading requires expert guidance
to gain success. Get trained from the experts at
Mithuns Money Market. They provide the best forex
trading course to improve your trading skills.
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