The process of trading in the Forex currency market is as follows: Access to traders to make transactions is provided by a brokerage company The brokerage company opens a trading account in the name of the trader, to which funds are credited With the help of specialized software - a trading terminal - a trader receives information about the history and dynamics of prices and generates requests for currency purchase and sale transactions Forex company makes transactions and fixes their results on the trader's trading account If the rate of the purchased currency has risen, the trader can sell it for another currency and make a profit - just like in a classic transaction at an exchange office. If the exchange rate of the purchased currency starts to fall, the trader should think about selling it quickly in order to minimize his possible losses.
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