Currency Trading Basics

Currency Trading is done in Foreign Exchange Market.
Currency plays an important role in every part of the world as it is required to conduct foreign trade and businesses.
Through Foreign Exchange Market there are many participants who buy, sell and exchange currencies i.
e.
trillions of dollars.
Currency Trading takes place between different countries in order to conduct smooth foreign trade transactions.
In this educba’s course on Currency Trading you will be learning about Forex and Currency Trading basics, how currencies are quoted, bought and sold.
Nationals buy and sell currency, you will be also learning about direct-indirect quotes, bid-offer spread, and market makers.
The course will also highlight about various types of currency trading contracts i.
e.
cash, TOM, spot, forwards, swaps and also about how the risk is managed and how the same is defused.