Forex, Togo, Togo Forex, Forex Trading Togo, Togo Forex Broker, Currency Trading

Make Money Trading FOREX

$50 Forex No Deposit Bonus

We are looking for partners in Togo



What is Foreign Exchange (FOREX) Market?

The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.

The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies.

In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of the following characteristics:

  • its huge trading volume representing the largest asset class in the world leading to high liquidity;
    its geographical dispersion;

  • its continuous operation: 24 hours a day except weekends, i.e., trading from 20:15 GMT on Sunday until 22:00 GMT Friday;

  • the variety of factors that affect exchange rates;

  • the low margins of relative profit compared with other markets of fixed income; and

  • the use of leverage to enhance profit and loss margins and with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements, as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.

The $3.98 trillion break-down is as follows:

  • $1.490 trillion in spot transactions

  • $475 billion in outright forwards

  • $1.765 trillion in foreign exchange swaps

  • $43 billion currency swaps

  • $207 billion in options and other products











  FxNet Forex Affiliate Program - Pip rebates - Fully transparent system



HotForex Best brooker


FBS Forex 



 Forex4you, AutoCopyTrade




Banner 728x90


Sign up for OKPAY and start accepting payments instantly.


Togo Forex, exchange rate Togo, trading currency, Togo exchange rate, exchange rate in Togo, currency for Togo, Togo currency news, exchange rate Togo us, Togo currency real, exchange rate of Togo, real para dolar, exchange rate for Togo currency, currency rate of Togo, Togo currency rate, Togo currency and exchange rate, Togo us exchange rate, Togo currency exchange, exchange rates Togo us, exchange rate Togo to us dollar, what is forex, forextrading, forex, us dollar to Togo currency, exchange rate Togo us dollar, what is forex trading, money in Togo currency, forex training, forex online, Togo currency exchange rate, exchange rate Togo to us, forex signals, free forex signals, Togo exchange rate to us dollar, online currency trading, easy forex, best forex broker, forex system, forex trading scams, forex strategies, exchange rate Togo real, iforex, real currency Togo, Togo brl, Togo trading, forex account, forex trading, forex forum, forex currency converter, forex factory, real Togo exchange rate, online forex, forex platform, forex market, exchange rate in Togo to us dollar, us dollar to Togo real exchange rate, forex news, forex pro, forex markets, forex robot, forex eur usd, mercado forex, foreign exchange market, former currency in Togo, forex broker, Togo reais exchange rate, exchange rates Togo, forex brokers, best forex system, dolar pra real, bank of Togo exchange rates, forex strategy, forex traders, forexyard, exchange rate for Togo, forex trader, forex charts, forex exchange, forex rates, forex live, forex bank, trading currencies, currency trader, how to trade currency, forex signal, forex systems, robot forex, Togo real exchange rate to us dollar, currency trading basics, free forex, i forex, money from Togo, forex options, forex guide, what is the exchange rate in Togo, trader forex, market forex, forex trade, exchange rate real Togo, forex trading strategies.

Forex Broker DirectoryForex4youAutoCopyTradeCopyFXTradeFreshForexAtioraForex Bangladesh, Forex PakistanForex ThailandForex MalaysiaBrazil ForexForex EthiopiaKenya ForexTurkey Forex,Forex TanzaniaArgentina ForexForex SudanForex AlgeriaForex UgandaPoland ForexForex Iraq, Morocco ForexForex AfghanistanForex UzbekistanForex MozambiqueKenya ForexNigeria ForexChina ForexIndia ForexIndonesia ForexRussia Forex, Mandarin Forex, English Forex, Hindi Forex, Forex Malay, Forex German, Bengali Forex, Portuguese forex , Punjabi forex, Swahili Forex , Vietnmese forex.


Copyright 2013-2016. All Rights Reserved.