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The history of modern forex trading can be traced back to 1973, but online forex trading happened for the first time in 1994.
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FXCC's ECN model provides individual traders with direct access to 'interbank level' bid/offer spreads on leading currency pairs.
RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss.
The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread.
The interbank market caters for both the majority of commercial turnover and large amounts of speculative forex trading every day. Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank's own account.
It is possible to lose all the initial capital invested.
Therefore, Forex and CFDs may not be suitable for all investors. So please ensure that you fully understand the risks involved. The Foreign Exchange market (Forex or FX for short) is the largest and most liquid financial market in the world.According to the Bank for International Settlements, the Forex market accounts for daily tunrovers of around four trillion dollars and the market has been growing year on year.With the widespread growth of the World Wide Web or the Internet, retail forex trading segment also witnessed a great deal of expansion.Online forex brokers that offered platforms for trading currencies came into existence.Regulatory bodies around the world have also stated regulation the forex brokers with a view to minimize fraud and create a safe environment for retail traders.Tags: Adult Dating, affair dating, sex dating