What is the trading of foreign currencies online or offline? It is whats called Forex currency trading.This market is open 24 hours a day unlike the stock market.
Not so far in the past forex currency trading was not allowed by individuals.
Only large banks were equipped and had access to necessary systems to trade the forex.
When you make an investment in forex currency trade, the goal is to hold a currency that will appreciate in value over other currencies you trade them against.
For example, let us assume that you buy 50 British Pounds at 100 US Dollars and hold the Pounds for about a week. In the meantime, if the value of a Pound goes up versus the US Dollar, you make money on the difference.
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