How Much Do You Need to Start Forex Trading in Namibia?
WHAT IS FOREX TRADING?
Forex trading is the process of speculating on currency prices to potentially make profit.
WHO STARTEDED FOREX TRADING?
The Forex market was established in Amsterdam, roughly 500 years ago.The Forex market was established in Amsterdam, roughly 500 years ago.
HOW DOES FOREX TRADING WORKS?
In Forex trading, currencies are traded in pairs, so by exchanging one currency for another, a trader is speculating on whether one currency will rise or fall in value against the other.
WHO CONTROLS THE FOREX TRADING MARKET?
Forex Trading market is controlled by the Central banks of native nations.
WHO ARE THE BIGGEST BANKS IN THE FOREX MARKET?
The biggest commercial banks that move the Forex Markets are;
1 Citi Bank
2 JP Morgan
4 Barclays Bank
5 Deutsche Bank
7 Goldman Sachs
9 Morgan Stanley
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WHO IS THE HIGHEST FOREX TRADER IN HISTORY?
Here are five of the best and most famous Forex Traders of all time;
1 George Soros
2 James Simmons
3 Stanley Druckenmiller
4 Bill Lipschutz
5 Bruce Kovner
WHICH COUNTRY HAS THE MOST FOREX TRADERS?
The United States has the largest economy in the world, and its currency, the dollar, is the most traded currency in the Forex market.
The Bank of Namibia recommends a deposit of at least N$1.6 million into your account before you begin forex trading in Namibia.