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In the forex learning for beginners, you will learn about the ins and outs of forex and how to do forex trading transactions.

Maybe you've heard the word "Forex". As an introduction, we will discuss forex itself.

Introduction to Forex


What is actually "forex"? Forex is an acronym (abbreviation) of "Foreign Exchange", or exchange of foreign currencies. The more common term is foreign exchange (foreign exchange).

Talking about forex means talking about the value of a currency against another currency. The currency is compared to its value against another currency, which then forms "currency" or "exchange rate". The example you know best is probably the US dollar (USD) exchange rate with the Indonesian currency: namely rupiah (IDR). Comparison of the value of USD with IDR is what you then know by the term "dollar to rupiah exchange rate". If you look at banks or money changers, or if you also look at the development of foreign exchange on television or newspapers, the dollar to rupiah exchange rate is often written with the symbol USD / IDR.


You certainly know that in the last ten years, the development of forex trading (forex trading) in Indonesia is very rapid. Almost all levels of society are familiar with forex or even directly involved in forex trading. This is quite reasonable considering the opportunities that can be achieved in forex trading is very large. The magnitude of the opportunity is partly because financial markets are indeed the largest financial market in the world, considering that all economic activities in the world will certainly lead to currencies. The daily volume is more than 3 trillion dollars per day! You could say the money market will continue to run as long as humans are still carrying out economic activities. In fact, if you trade forex online, you can make transactions anytime you want 24 hours a day and five days a week (Monday to Friday).


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