The purchase or sale of a currency on the same calendar day is known as day trading. In this case, all operations are performed on the same day, nothing is performed overnight. The United States passed laws for years that small investors and common men could participate in day trading forex, previously, only large banks and financial institutions and millionaires were engaged in this practice.
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Most investors find it necessary to use the services of a broker when making transactions on the foreign exchange. A broker is a middleman that handles the actual buying and selling orders given by investors. The agent may be an individual or a company, which often also offer advice and suggestions to their clients only execute orders based on the decision of the investor. Brokers make their money...
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