{"id":1206,"date":"2022-01-13T04:14:48","date_gmt":"2022-01-13T01:14:48","guid":{"rendered":"http:\/\/doctor-igor.vhost.kiev.ua\/wp\/?p=1206"},"modified":"2022-02-10T18:33:32","modified_gmt":"2022-02-10T15:33:32","slug":"forex-trading-guide-2022","status":"publish","type":"post","link":"http:\/\/doctor-igor.vhost.kiev.ua\/wp\/?p=1206","title":{"rendered":"Forex Trading Guide 2022"},"content":{"rendered":"

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Notably, retail traders only make up a tiny percentage of global trading volume \u2013 most of which comprises banks and large financial institutions. To be able to make money with forex, https:\/\/www.indeed.com\/cmp\/Dotbig-Ltd<\/a> you need to begin with having a deep understanding of how forex trading works. Forex trading is the process of exchanging one currency for another through the financial markets.<\/p>\n

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When you do this, the forex exchange rate between the two currencies\u2014based on supply and demand\u2014determines how many euros you get for your pounds. The brokers are the ones with the pricing, and execute the trades. However, you can get free demo accounts https:\/\/www.usbank.com\/index.html<\/a> to practice and learn platforms. All Forex trades include two currencies or a pair of currencies. That\u2019s because you are betting on the value of a currency against another. Just so you know, EUR\/USD is the two most traded currency pairs in the world.<\/p>\n

Top 3 Forex Brokers In Ukraine<\/h2>\n<\/p>\n

You will need to sell your pair in order to exit your trade if you open a long position (and visa-versa). Supported payment methods typically include a debit\/credit card or bank account. Known as KYC in the industry , this simply means dotbig employee reviews<\/a> that the forex broker is going to need you to prove who you are. Some brokers will verify this using scanned copies of documentation. This is typically a government-issued ID (passport or driver\u2019s license) and a proof of address .<\/p>\n