The history of the development of the Forex market in Russia
The concept of "Forex" (Forex) came to Russia, like many other foreign terms, after the collapse of the USSR in the 90s of the last century. What is Forex? This is an international market for trading different currencies.
At the end of the twentieth century in Russia, interest in Forex was shown by financial organizations and banks, which saw an opportunity to make a profit when carrying out currency operations. Then the first domestic experts involved in conducting transactions in the Forex market began to appear.
Already at the beginning of this century, in connection with the widespread use of the Internet in our country, Forex is becoming available to the ordinary citizen. Thus, now not only large financial organizations, but also individuals, can make foreign exchange transactions at the exchange at any time convenient for them.
In parallel with these processes, various brokerage firms began to open, wishing to help the novice trader to properly enter the foreign exchange market. The functions of brokers are the purchase and sale of currency on behalf of their clients, the commission or percentage of these transactions and are the remuneration of the brokerage company.
Forex in Russia is rapidly gaining its popularity. If you decide to try your hand at the foreign exchange market, in this case you need to choose one of two ways. First, you can contact the brokerage company, which will be in your interest to carry out foreign exchange transactions in Forex. In this case, you need to pay special attention to the reputation and history of the selected broker. And, secondly, you can independently conduct currency operations in the Forex market. But we must not forget that this is painstaking and serious work, which must be approached responsibly and obtain important and necessary knowledge in advance.
By choosing one of two options, you can succeed in the foreign exchange market only if you have studied all the subtleties and wisdom of Forex before that.
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