(or one hundred) units of your domestic currency. Forex trading (or foreign exchange trading) is performed by trading currency pairs. Here's an example of an indirect Forex": Assume you are from a European country, where the local currency is EUR, and you can see a" like this: USD/EUR.8765. In the case of a direct" of EUR/USD.17647, you would need to divide 1,500 USD (the price of the laptop) by the direct".17647, and you would get exactly the same price in Euros - 1,275 EUR. For example, whenever a German travels to Poland, they will most probably see a" like 'EUR/PLN.1500'. FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission ( licence 078/07 ) and authorised by the Financial Sector Conduct Authority (fsca) ( authorisation 45052 ).
Forex, direct,"s Indirect"s Forex, signals UK: Direct, forex, signals 15 Daily Forex, tutorial: Reading a, forex," and Understanding the Jargon FxPro Financial Services Ltd is regulated by CySEC
By now you will know that Forex trading (or foreign exchange trading) is performed by trading currency pairs.
The prices of these pairs are known as"s or"tions.
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The second currency in the" (USD in the example) is the named" currency. That being said, you are not just trading US Dollars, Canadian Dollars, Euros or any other currency - you are in fact trading currency pairs. This means that one Euro is sold for.23456 US dollars. What are Forex"s? This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. The prices of these pairs are known as"s or"tions. Indirect"s show the exact opposite of direct"s. This is rather simple and useful for people that want to easily transfer foreign prices into the currency that is more common for them. Furthermore, when you are trading. A lot stands for 100,000 units of the base currency, so when you are trading.01 lots of the USD/JPY currency pair, you would be trading Japanese Yen that is worth 1,000 USD.
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