Forex or ‘FX’ is a short-form term used for ‘foreign exchange’. Foreign exchange is an exchange of currency from different countries, therefore it is also called ‘currency trading’. The value of any currency constantly changes against the value of another country’s currency. Forex bureaus make money by selling and buying currencies on the foreign exchange market.
International currency rates highly fluctuate and are very complex to predict. Due to such instability, no management can assure you that transactions on the foreign money market should come up in great advantages for you, nor is it possible to give surety that your money transfer would get favorable results.
The market could be volatile, there is always the risk of losing funds when trading a currency pair. Furthermore, to the existing risk linked to currency trading, with Forex trading you require to add margin trading and grasp, which means that you can business large amounts with some initial capital.
We trade in 22 major currencies, including the dollar, pound, euro, yen, baht, rupee, and so on.