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1. Apart from dollars or pounds, there are currencies in different countries that you can buy and sell in the Forex market.
2. In order to trade forex you first have to open an account with a forex broker and make a deposit.
3. Basically Forex or Spot Forex is currency exchange business.. In the Forex Market you can sell one currency and buy another currency.
4. In the Forex Market you can sell dollars or buy dollars.
5. After installing the software and signing it with the user name and password given by the broker, it will load different payer charts and prices and you can open / close your trade.
6. You can deposit your account immediately with various online currencies like PayPal, Alert Pay, Liberty Reserve, etc.
7. In that case, after the account opening, you will find your broker’s bank account number and bank deposit details.
8. Forex trading is done online through software.
9. So, if you are buying a dollar, if the price of the euro against the dollar goes up then you can sell the dollar and buy the euro.
10. Again, if the euro is stronger against the dollar, you can earn more dollars by selling the euro.
11. -We are giving daily forex market analysis and signals.
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