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Is stock trading and forex trading different?
Member Since Oct 22, 2020
3 posts
Oct 29, 2020 at 10:26
UweMoench posted:
@JessicaBaker there is difference between forex trading and stock market trading. Forex pairs price movement happen due to those countries economic factors, on the other hand price of a company's share depends on that company performance.
ya you are right
Member Since Oct 22, 2020
3 posts
Oct 30, 2020 at 12:11
Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors, and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit. There are three different types of forex market:
Spot forex market: the physical exchange of a currency pair, which takes place at the exact point the trade is settled – ie ‘on the spot’ – or within a short period of time
Forward forex market: a contract is agreed to buy or sell a set amount of a currency at a specified price, to be settled at a set date in the future or within a range of future dates
Future forex market: a contract is agreed to buy or sell a set amount of a given currency at a set price and date in the future. Unlike forwards, a futures contract is a legally binding gold quote. Most traders speculating on forex prices will not plan to take delivery of the currency itself; instead, they make exchange rate predictions to take advantage of price movements in the market.
Spot forex market: the physical exchange of a currency pair, which takes place at the exact point the trade is settled – ie ‘on the spot’ – or within a short period of time
Forward forex market: a contract is agreed to buy or sell a set amount of a currency at a specified price, to be settled at a set date in the future or within a range of future dates
Future forex market: a contract is agreed to buy or sell a set amount of a given currency at a set price and date in the future. Unlike forwards, a futures contract is a legally binding gold quote. Most traders speculating on forex prices will not plan to take delivery of the currency itself; instead, they make exchange rate predictions to take advantage of price movements in the market.
Member Since Oct 13, 2020
27 posts
Nov 20, 2020 at 06:48
Forex trading is all about buying currency pairs at lower prices and selling them at higher prices.
Member Since May 29, 2022
34 posts
Jun 23, 2022 at 00:33
Short-term traders with little capital and a high risk tolerance typically favour FX trading. However, for people who are new to trading and want more consistent profits over a longer period of time, the stock market may be a better alternative.
Jun 27, 2022 at 07:01
While they both aim to make money when prices move in the short term, there is one key difference between the two: while Forex trading focuses on buying and selling currencies between pairs of countries, stock trading is based on buying or selling shares of specific companies.
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