Novak Jovik
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Why is Forex Trading not legal in India?. AI-Generated.
Forex or foreign exchange market is the largest decentralised market in the world for buying and selling currencies with the hopes of making a profit from fluctuations in exchange rates. It is conducted in three main ways, i.e., spot market, forward market and futures market. Though forex is a lucrative form of online trading with an average daily turnover of more than $7 trillion, in some countries like India, the government has put certain restrictions on trading forex.
By Novak Jovikabout a year ago in Trader
How are Most Proprietary Firms Registered (Legally)?. AI-Generated.
Proprietary trading firms, commonly called prop firms, have carved a unique niche in the financial landscape. These firms trade financial instruments such as stocks, bonds, commodities, and derivatives using their capital instead of clients’ funds. The allure of prop trading lies in the potential for significant profits, driven by the firm's ability to take substantial positions in the market. However, setting up a prop firm involves a meticulous process of legal registration and compliance with regulatory frameworks.
By Novak Jovikabout a year ago in Trader
What Currencies Are Traded in the Forex Market?. AI-Generated.
The foreign exchange market is the largest global decentralized market where various currency pairs are bought, sold, and exchanged at determined or current prices. Thus, traders need to possess a thorough understanding of the currency pairs that are traded in the Forex market. To simplify, here is an overview of the currency pairs, their types and what are the most traded among them.
By Novak Jovik2 years ago in Trader
