FX

Trading

iPlan Education 1
What is Currency: Forex

In normal It is synonymous with banknotes,

usage A or with banknotes plus coins,
meaning the physical tokens used
currency for money by a government.
refers to Money may not
Forex stands for
money. be in printed
format
Foreign Exchange. sometime it is
just a figure in
your bank
account.

iPlan Education 2
Major Currencies

iPlan Education 3
FX Market Participants

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iPlan Education
FX Market: Overview

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iPlan Education
The OTC: Over The Counter Market
The Over-The-Counter (OTC) markets are essentially Spot market
Available in Locality for specific commodities, unlisted companies, currency and
others

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iPlan Education
The OTC: Trading mechanism
In the OTC market, trading occurs via a network of middlemen, called Dealers,
who carry inventories of currency to facilitate the buy and sell orders of investors,
They do not providing the order matchmaking service seen in specialist
exchanges.

Sell $

Buy $

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iPlan Education
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iPlan Education
FX Market Flourished after World War II$ 22 billion Daily Turnover
Rise of Bretton Woods System

$ 5 trillion Daily Turnover

iPlan Education 9
 World
FX Market
TIMING
24x5 Day

iPlan Education 10
Why to trade Forex?
No extra Fee
No middlemen
No fixed lot size
Low cost of transaction
High Volume
Low margin or high leverage
A 24x5 Days market
Online Trading
Interbank market
Hard to corner
No insider trading

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iPlan Education