Forex Trading Hours are constant because foreign currency trading also known as Forex trading, or FX has no single physical marketplace like the New York Stock Exchange does on Wall Street in New York or the Tokyo Stock Exchange does in Japan. The New York Stock Exchange and the Tokyo Stock Exchange online traders are limited to making purchases during the actual trading hours governed by New York Stock Exchange hours or the Japanese Stock Exchange s Tokyo hours. In contrast online Forex trading gives traders access to the online Forex trading community through an electronic series of different online trading platforms.
Online Forex trading and online accessibility are nicely compatible because the world s foreign currency exchange market is a 24-hour market, and the internet makes online forex trading a 24 hour possibility open to anyone with a computer, a telephone line/internet connection and money. Anyone, any corporation, or any bank can log onto an online account at any time from anywhere in the world, and trade foreign currency through online forex trading.
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2 comments:
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