Forex trading is typically done through the broker or market maker. Being a forex trader you can also choose the currency pair that you expect to change in the value and place the trade accordingly. For example, if I had purchased 1000 Euros in January of 2006, it would have cost me around $1200 USD. Through-out 2006 the Euro’s value vs the U.S. Dollar’s value increased. At end of the year, 1000 Euros was worth $1300 U.S. Dollars. If we had chosen to end our trade at that condition, we would have a $100 profit.

Forex trades can also be placed through the broker or market maker. Orders can placed with just the few clicks and a broker then passes order along to the partner in Interbank Market to fill your’s position. When we close our trade, broker closes the position on Interbank Market and credits our account with loss or gain. This can all happen literally with-in a few seconds.

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