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FOREX MARKETFOREX ( FOREKS or FOREX, from the English FOReign Exchange - foreign exchange) - the international currency market, which is a global electronic network of exchange of foreign currencies at floating rates.According to the survey of the Bank for International Settlements in 2010 the volume of transactions in the Forex market is about $ 4 trillion a day. Thus it is the largest and fastest growing financial market in the world.FEATURES OF FOREX MARKETPrivate traders are trading on the market with the help of leverage, which provides broker . Leverage - is nothing more than a short-term interest-free loan, which is given to the opening of the transaction , resulting in the trader provides only about 1 % of the transaction guarantee of their deposits . This gives the opportunity to earn even the smallest movement of that , being available to $ 100 times the account balance .In the Forex market currency item appears . Moreover, do not necessarily have the desired currency to buy it or even sell it. Since it is mandatory closing of the transaction of purchase or sale, the broker will simply recalculates the amount of collateral for the transaction at the appropriate exchange r…
