Best forex platform etoro: HSBC recommends purchase of dollars, expects euro to drop to 1. The foreign exchange market, also known as the forex market, allows traders to profit from currency movements in real time. 5 trillion dollars are traded every day between various traders and financial institutions. Online forex trading has been available to individual traders since the 1990s.
The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated. However, strong competition between brokers and dealers has significantly improved trading conditions as well as the services that are available to traders. Currently, it is possible to invest, with just one click, in all of the financial markets with a single trading platform. Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high.