Sunday, September 23, 2012

ABOEUT FOREX,,,,FAQ...2


Question: How is currency traded?





Answer:
All currency trading is traded in amounts called LOTS. Each lot has a different amount of currency. For example; a Swiss Franc lot has 125,000 Swiss Francs in it. A trader does not buy lots in order to buy and sell it or trade it. A trader opens a margin account, enabling him the right to trade it.

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