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Forex Market is an online global network used to buy and sell currencies with a daily turnover of $5.1 trillion.
It provides facility to trade 24 hours a day and 5 days a week where banks, individual traders, financial institutions and companies can participate.
It is the leading sector which is growing rapidly after the stock market.
There are two major tiers in the Forex Market; the first one is an interbank market where currencies of different countries are exchanged by the biggest banks.
Being an OTC market, there is no centralized exchange that charges you for opening trades.
Many traders feel fear and get confused by conflicting information on the charts at different time frames.
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