The foreign exchange market (Forex, FX, or currency market) is a global decentralised or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency.
Forex includes all aspects of buying, selling, and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
Currencies trade against each other as exchange rate pairs. For example, EUR/USD is a currency pair for trading the euro against the U.S. dollar.
The forex market is run by a global network of banks, spread across four major forex trading centres in different time zones: London, New York, Sydney, and Tokyo. Because there is no central location, you can trade forex 24 hours a day.
In this research-based case study on Forex by Top Business Coach Dr Ujjwal Patni, you will get to know the basics of the forex market and trading, the benefits of dealing in foreign exchange and so on.
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Video chapters:
00:00 – Introduction
02:48 – 4 लोगों के एक डिनर का बिल 10 लाख !! कैसे?
04:25 – WHY IS FOREX TRADED?
05:16 – फोरेक्स की ट्रेडिंग होती कैसे है ?
06:00 – IS FOREX MARKET LEGAL & REGULATED ?
07:07 – FOREX TRADE – कहां से सीखे और करें ?
09:28 – Forex Trading PROs and Cons?
11:29 – How to start Forex Trading?
13:09 – GEORGE SOROS – KING OF FOREX, एक दिन में बैंक हुआ बर्बाद
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