are executed over the counter and around the clock. Imagine what that could do to the bottom line if, like in the example above, simply exchanging one currency for another costs you more depending on when you do it? But in today's world, trading currencies is as easy as a click of a mouse accessibility is not an issue, which means anyone can. Most investors won't have to pay the traditional fees or commissions that you would on another market. The Bid, Ask and Spread All forex"s are"d with two prices: the bid and ask. Plus, you can trade on our proprietary Trading Station, one of the most innovative trading platforms in the market. Because the market is open 24 hours a day, you can trade at any time of day. For example, investors who have a 1,000 forex market account can trade 100,000 worth of currency with a margin of 1 percent, with a 100:1 leverage. More specifically, that the currency you bought will increase in value compared to the one you sold.
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Unlike stocks, the forex market operates 24 hours daily except on weekends. In the example above, you have to pay.51258.S. On the EUR/USD" above, the bid price.34568 and the ask price.34588. Im long AND short. If you want to sell (which actually means sell the base currency and buy the" currency you want the base currency to fall in value and then you would buy it back at a lower price. This means that you can buy or sell currencies at any time during the day. A single pound on Monday could get you.19 euros. Your pair is EUR/USD.
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