Best Forex Trading Platforms in the UK

Best forex trading platforms UK: The foreign exchange market is having the largest turnover among all other financial markets. It is known for currency exchange or trading. There can be different reasons for exchange such as tourism, trading, business, and others. A forex transaction is executed when one currency is bought, and another one is sold.

What Is Meant by Forex Market?
The foreign exchange market or FX forex market is the marketplace from where all the currency exchanges are carried out. It is the market that decides the exchange rates of currency pairs being traded all over the world. The forex market is the oldest financial market that is still operating.

The market is working over-the-counter 24 hours, and a transaction between two parties is completed electronically. Several factors are responsible for the exchange rate of all the currency pairs.

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