“You are your greatest asset. Put your time, effort and money into training, grooming, and encouraging your greatest asset.” Tom Hopkins
The Foreign Exchange Market is the biggest and most dynamic financial market in the world, and can witness up to $2 trillion of trading in a single day. Investors always trade a pair of currencies: the second, known as the quote, refers to the amount of that currency which can be bought with one unit of the first currency, known as the base. Traders may take positions in response to economic, social and political events as they occur, or in response to long-term and charted trends.
While the traditional forex market can be difficult and volatile, leaving traders vulnerable to spreads and the risks of account leverage, forex binary options have become increasingly popular. The underlying asset is still a currency pair, but the trader can profit by simply predicting the direction of the pair. It’s no surprise that currencies are the most traded assets. Find out more and learn how you too can profit from them.