What Is Forex Trading - Capital Street FX
It is the largest and most liquid financial market in the world, with an average daily turnover of over $6 trillion. Capital Street FX is a forex brokerage firm that provides traders with the ability to trade forex, commodities, and indices through their trading platform. Forex trading involves buying one currency and selling another simultaneously in order to make a profit from the difference in exchange rates. For example, if a trader believes that the value of the euro will rise against the US dollar , they would buy euros and sell dollars. If the value of the euro does indeed rise, they can sell their euros back for more dollars than they originally bought them for, making a profit. Due to the large volume of trades taking place each day, it is relatively easy for traders to enter and exit positions quickly, with low transaction costs. This makes forex trading an attractive option for both short-term and long-term traders. This means that traders can control larger positions ...