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Forex
Is trading forex same as stock?
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[QUOTE="Archipelago, post: 243534, member: 76602"] Forex trading involves trading currencies, so you are buying one currency by selling another, whereas in stock trading, you are buying stocks of a particular company, keeping them for a day or months or sometimes, for years to make profits. In forex trading, you don’t keep currency pairs for such a long duration. Forex trading has the maximum trading volume of around $6 trillion per day and stock trading doesn’t come close to it. Forex trading can be traded in any currency whereas a stock can be traded in one particular currency only like for example USD in The States. Forex trading works 24 hours 5 days whereas stock trading begins in the morning and concludes in the evening. [/QUOTE]
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Is trading forex same as stock?
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