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The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices
Choose a currency pair. Decide which currency pair you wish to trade. …
Decide on the type of FX trade. There are three ways to trade forex with City Index Spread Betting, CFD or Forex Trading. …
Decide to buy or sell. …
Adding orders. …
Monitor and close your trade. …
Closing your trade.
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