Forex What's Trading
Forex is a portmanteau of foreign currency and exchange. foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or. Forex brokers forex what's trading will quote you two different prices for a currency pair: the bid and ask price.. the “bid” is the price at which you can sell the base currency. the “ask” is the price at which you can buy the base currency. the difference between these two prices is known as the spread.. also known as the “bid/ask spread“. the spread is how “no commission” brokers make their money. What isforextrading? when you travel overseas, you likely have to exchange your dollars for the home currency of your destination or places forex what's trading you visit. it can be pounds, euros, yen or whatever the locals trade in exchange for goods and services. What isforextrading? forextrading is the means through which one currency is changed into another. when trading forex, you...