Apa Itu Forex

Selamat datang ke dunia FOREX. FOREX, FX ialah singkatan kepada FOREIGN EXCHANGE ialah satu sistem tukaran matawang sedunia. Dengan kepesatan system computer dan internet, FOREX menjadi lebih popular berkembang pesat dari hanya di uruskan oleh syarikat2 keewangan yg besar seperti Bank2 hinggalah kepada individu-individu yg kecil seperti kita. Dikatakan bahawa jumlah transaksi mata wang setiap hari menjangkau 1.9 trillion, dan angka ini terus berkembang menjadikan FOREX ialah satu urusan keewangan yg paling pantas dan terbesar di dunia.

FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely. In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand. Forex is an interbank market that was created in 1970s when international trade transitioned from fixed to floating exchange rates. Since then the rates of currencies relative to each other are determined by the most obvious means which is the exchange at a mutually agreed rate. This market surpasses the others in its volume. For example, the daily turnover of world securities market is estimated at $300 billion, while Forex approaches 1 to 3 TRILLION US dollars in the same amount of time. However, Forex is not a market in a traditional sense. It doesn't have a fixed location of the trading floor as, for example, futures market does. The trading is done over the telephone and at the computer terminals in hundreds of banks around the world simultaneously. Futures and securities markets have one more significant feature distinguishing them from Forex, and at the same time restricting them. The trading is suspended at the end of each day and resumed only next morning. Thus, should certain significant developments occur in the USA, the opening of Russian market next morning could quite surprise you, if you're trading there. Forex is open 24 hours a day, and the currency exchange operations are maintained throught working days of the week. Almost every time zone (London, New York, Tokyo, Hong Kong, Sydney) has dealers willing to quote currencies.