Escon deOjo's Forex

This is a guest post by Forex Trading Scalper

This is the first of two articles looking at foreign exchange vs stocks from the viewpoint of the retail stock trader. But what precisely is the currency exchange market? How does it work?

Global Market

foreign exchange trading is a global affair. Currency exchange is an over-the-counter market and there’s no central exchange or clearing house.

Transparent Market

The value of a stock is affected 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. Currency prices, on the other hand, are driven by the business performance of a complete country. This is almost impossible to manipulate and lots more clear. This indicates that a trader working at home, out of the loop of personal monetary info, is on a more level playing field in the foreign exchange market than in stocks.