Kuching Forex | Kuching Forex Broker |Kuching Forex Trading

Forex is an international over-the-counter market, where currencies are traded. Due to the high liquidity and volatility, trading in the foreign exchange market has become an additional source of income. Daily turnover in the Forex market exceeds all the world's financial markets. What is Forex   Forex (also abbreviated as FX) stands for foreign exchange market. The main principle in the forex market is “buy cheap, sell expensive”, just like in any other market. Forex trading means the process of exchanging one currency for another. Traders make profit from the difference between Ask and Bid prices. There are two types of transactions on Forex, they are called positions or trades. It is either a position to buy, or a position to sell. Forex allows trading many currencies. More than 80 currency pairs are traded in the Forex market. Currencies are always traded in pairs. If you buy one currency, you sell another one and vice versa. For example, in the EUR/USD currency pai