9. Market two-fold: the money is traded in pairs, for example dollar/yen, or dollar/Swiss currency. Each transaction involved the sale of this money and buy other currencies. They might sell dollars and buy Swiss currency or vice versa. Profits exist because exchange rates fluctuate constantly. Forex Trading allowed to profit from increasing and decreasing the value of the dollar.
10. Focus: Instead of trying to choose a stock, a contract, mutual funds or real estate from thousands on the market, the Forex traders focus only on 1 to 4 coins. The volatile currency and common is the Japanese yen, British pound, Swiss and Euro currency. The Forex beginners often focus on one currency and later incorporate from 1 to 3 types of currency in transactions.
11. Trendiness: In a historical period, the currency has confirmed the trend is important. Each coin has "attributes" of its own and only a trend.
12. All orders must be placed through the trading floor. For currency trading you need a Forex currency trading platform. Most trading companies have requirements different escrow accounts. You need to ask them the requirements of the escrow account if you want to participate in currency trading via its trading platform.
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