As the biggest financial market in the world, more than 1.9 trillion dollars is traded every day on the Forex. This means that this one financial market is roughly four times the size of the New York Stock Exchange. The Forex—or Foreign [...]
Read More...

Typically, a currency pair trade is settled within two business days. However, it’s possible to extend the position through another two trading days by holding it open to the next day. This is called a “rollover.” Why Does [...]
Read More...

The foreign exchange market (Forex or FX for short) is an exchange market for the trading of international currencies. As such, it is also the largest exchange in the world. Forex dwarfs all other markets. As of April 2010, the Bank of [...]
Read More...

The “dong” is the official currency in Vietnam. Its ISO 4217 code is “VND” and is represented as “₫” when written as a numerical value. The dong was once subdivided into smaller units, but this is no longer [...]
Read More...

The following are the biggest mistakes that beginners make when the start trading currency: Not Starting Out With a Paper Trading Account The most important thing a beginning currency trader can do is trade with a paper account before putting [...]
Read More...

The current official currency of Myanmar (Burma) is the “kyat.” A kyat is subdivided into 100 “pya.” The ISO 4217 code for the kyat is “MMK.” It is typically represented by a “K” when written with [...]
Read More...

The official currency of South Korea is the “won.” A won is subdivided into 100 “jeon,” but the jeon isn’t part of the daily economy. It’s only used when in the forex markets to value the won against other [...]
Read More...