Forex Game Nation

This is the first of 2 articles taking a look at foreign exchange vs stocks from the standpoint of the retail stock trader. Forex has been getting a large amount of press latterly and has attracted many new traders home-working, as well as many stock traders looking to widen into fx trading. But what exactly is the forex market? How does it work?

Currency trading is a global affair. You are not limited to dealing in the currency of your own country. Foreign exchange is an over-the-counter market and there is no central exchange or clearing house.

Transparent Market

The value of a stock is influenced by the performance of a company whose figures might be manipulated or known to insiders for some considerable time before it is exposed in public. This is incredibly difficult to manipulate and lots more clear. This means that a trader working from home, out of the loop of personal financial information, is on a much more level playing field in the foreign exchange market than in stocks.