{"id":6690,"date":"2021-10-19T03:23:36","date_gmt":"2021-10-19T01:23:36","guid":{"rendered":"https:\/\/nubis.cloud\/?p=6690"},"modified":"2022-11-30T06:24:55","modified_gmt":"2022-11-30T05:24:55","slug":"what-is-forex-trading-and-how-does-it-work-fxtm","status":"publish","type":"post","link":"https:\/\/nubis.cloud\/?p=6690","title":{"rendered":"What is Forex Trading and How Does It Work? FXTM"},"content":{"rendered":"

Because exchange rates are typically quoted in fractions of a currency, a pip is used to understand those fractional movements more precisely. The first currency in the quotation pricess for forex is known as the base currency and second currency is known as the quote currency. A currency rises or falls in value relative to another currency when DotBig review<\/a>s happen, so the price is shown as a currency quote. You will have seen these same quotes at the foreign exchange office if traveling overseas. With the benefits of forex trading, there is also a risk of losing money. As with all forms of investing, there is no guarantee you will achieve financial success through this method of trading.<\/p>\n