Traded Exchange Currency
Currency is traded in various sized lots. the micro-lot is 1,000 units of a currency. the micro-lot is 1,000 units of a currency. if your account is funded in u. s. dollars, a micro lot represents. The foreign exchange market (forex, fx, or currency market) is a global decentralized or over-the-counter (otc) market for the trading of currencies. this market determines foreign exchange rates for every currency. it includes all aspects of buying, selling and exchanging currencies at current or determined prices. in terms of trading volume, it is by far the largest market in the world. The foreign exchange currency market, also known as forex, is the world's largest financial market. more than $5 trillion are traded on the exchange every day—that's 25 times the volume of global equities. the majority of the world's currency is traded through this huge, highly decentralized marketplace. The mechanics of investing in currency. stocks and mutual funds are traded on a centr...