HY Markets Education

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Overview

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Forex Overview

		The largest financial market in the world also named foreign exchange, currency or FX.

		Trading occurs between banks, corporations, governments and financial institutions.

		Individuals can invest into forex. Retail traders can participate indirectly through financial corporations.

Forex Pricing


		A PIP is the smallest units of the price of something.

		In forex it refers to the final digit of the 5 numbers of the base currency.



		The spread refers to the difference between the buy and sell prices.

Major Products

USD = United States Dollar

GBP = British Pound

EUR = Euro

JPY = Japanese Yen

CAD = Canadian Dollar

CHF = Confederation Helvetica (Latin for Swiss Confederation) Franc

AUD = Australian Dollar

Why Forex?

		Dynamic market movements the ability to take advantage of moves in either direction by selling short or buying long.

		No commisions. HY Markets has no commisions.

		Low entry amount Start trading the forex market with US$50.

		Online trading its available online, from the comfort of your home, 24 hrs a day.