In forex we trade the real currencies and in a currency pair one is called the base and other is called the quoted or bid currency.The procedure is simple there are lot many people as well as the banks are holding the lots of currency and we buy or sell these and get the profit.The buying power is enhanced through the use of leverage.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2017-10-31)
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