Description: Trade Forex
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ForEx is a Foreign Exchange market based on a global monetary system that, since the beginning of our history, has been present in all of the civilizations around the world. Trading systems has been part of our evolution as the human being created the first and leading market where goods exchange was not in need of a currency. These goods exchange systems have evolved until become in our days the new concept of Exchange Markets, like the well-known Stock Market or ForEx.
ForEx, as the main and foremost worldwide foreign currency exchange system, has seen its market transformed during the last decades by two main reasons that the modern world has brought to us:
ForEx started up as international market at the beginning of the 1970s making the real difference between traditional old-fashioned trading systems and the new era’s market. ForEx revolutionized the concept of the international markets when trading systems moved from the traditional fixed rates to more flexible ones. As in any other market, the exchange rates vary but ForEx components are defined by the offer and the demand.