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Thursday, July 2, 2020

How do I buy and sell dollars or other currencies?


How do I buy and sell dollars or other currencies?
How do I buy and sell dollars or other currencies?

To trade Forex, you must first open an account with and deposit with a Forex broker. The account can be easily opened online in 2 minutes. You can instantly deposit into your account with various online currencies such as PayPal, Alert Pay, Liberty Reserve, etc. and start trading in Forex.
However, most people make deposits with currency brokers through banks. In that case, after opening the account, you will get the details of your broker's bank account number and bank deposit.
Once the deposit to your account is complete, you can start trading. Currency trading is done through online software. You can download this software for free from your broker's website. Once you install the software and log in with the username and password provided by the broker, charts and price lists of different pairs will be loaded and you can open / close your trade.

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