Why Is Forex Online Trading So Popular?
Everyone has heard about the online Forex market today. The daily turnover of Forex trading is about seven trillion dollars. Majority of the deals are concluded by major banks, international corporations, giant investors and large hedge funds. The share of the individual participants in online trading is only 5%. It may seem nothing, but in terms of numbers, it is $250 billion. Some 20 years ago there were very few individual traders on the stocks market. But with the development of communication technologies and the appearance of online brokers, their number has considerably grown. Forex online brokerage companies opened trading platforms, providing individuals with access to financial markets.
In some countries, stock exchanges have existed for a long time, and the activities of brokers and traders have been considered a common occupation since long ago. But recently, the Forex industry spread around the world. Forex is especially popular in Southeast Asia (Vietnam, Malaysia, Indonesia, Singapore), India, Pakistan and Bangladesh. Today, we will tell you some facts and figures about Malaysia online trading.
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Thursday, 6 May 2021
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