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This VIPortal Forex Trader Facebook Page is run by VIPortal LLC. The viportal is dedicated to discussions, information and viportal of ideas about Viportal Forex Trading. The foreign exchange market Forex, FX, or currency market is a global decentralized market for the trading of currencies. The main participants in forex market are the larger international banks. Financial centers company the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends.

The foreign exchange market determines the relative values of trading currencies. The foreign exchange market works through financial institutions, and it operates on several levels.

Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little if any supervisory entity regulating its actions.

The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United Company to import goods from the European Union member states, especially Eurozone members, and pay euros, even though its income is in United States dollars.

It also supports direct speculation in the value of company, and the carry trade, speculation based on the interest forex differential between two forex. In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the s after three decades of government restrictions on foreign exchange transactions the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War IIwhen countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed trading per the Bretton Woods system.

The foreign exchange market is unique because of the following characteristics: As viportal, it has been referred to as the forex closest to the ideal of perfect competition, notwithstanding currency intervention by central banks.

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