User:Prayeshu/Trade cycle for Forex Market

Forex Trade Cycle The Foreign exchange market is the place where the trading is done in different existing currency pair in world wide market. The trader books the trade in the front office depending on the requirement.

Basic Advantages of trading in Forex Exchange could be..

1. Interbank Market: The trading becomes easy due to vast number of application supporting and high requirement.The Back bone of the Forex Market deals with the global network of dealers.

2. High liquidity: Trading in Forex market is more liquid and ususally done on day to day basis.It is the real 24 hour on trading market.The FX market occurs over 24 hour period picking up asia from 24:00 CET to 23:00 CET.Liquiddity is often low and price offered can be even competetive.

3.Cost: The Forex Market has no commission charges except for natural market difference between the price of supply and demand.The retail transaction of cost and bid is merely less than 0.1% under normal market conditions.In future market the bid/spread can be in between 5% to 9% and can further increase in liquid market conditions.

High level flow of trade cycle in brief

1.Book a trade through front end. 2.The another trader would authorize the trade subsequently. 3.Confirmation both the counterparties flow. 4.Payment is generated and done as per the dealing.

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