What is Currency Trading?

Currency trading is one of the largest trading activities in the world with an estimated value of over US$ 3 trillion per day. Unlike stocks or bonds, currency trading is not governed by any central regulatory body and hence it is completely decentralized. No government controls the forex market so any potential government trying to step in would have a hard time taking charge of this highly lucrative and dangerous industry. Traders, banks and other institutions deal in currency trading all around the globe, so there are various international markets where you can make investments; however, it is important for you to get yourself educated about how the forex market works before venturing into this highly volatile and important investment decision making tool.

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