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What Is Currency Trading?

Put simply currency trading describes the process of trading one currency for another on the foreign exchange market. This process happens simultaneously when one currency is sold while another is bought at an agreed exchange price on the over-the-counter (OTC) market.


Banks, businesses and individuals can trade currency on the Forex market. It is the largest financial market in the world and around $4 trillion is traded in currency each day.


The market operates 24 hours a day on a global scale and unlike other financial markets it doesn’t have a physical location or exchange so you can trade anywhere, anytime.



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