LegacyFX, a foreign exchange ( Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Read this Term) broker, announced on Thursday that the firm becomes the official sponsor of the professional Spanish football club, Real Betis Balompié, S.A.D, known commonly as Real Betis. According to the press release shared with Finance Magnates, the deal, with an initial duration of two years and the possibility to extend it further, stipulates that LegacyFX’s brand name will be included on the back of the football club’s jerseys.
The announcement is part of the broker’s interest in the Spanish’s LaLiga since long ago. “We, at LegacyFX, are always looking to present our brand in a successful and promising manner. As such, we chose one of the best teams in LaLiga, due to its rich history in Spain, Europe and even worldwide. We believe that this partnership with Real Betis is in line with our vision, will positively represent our brand to our clientele proudly, and catapult our name as a truly leading global brokerage,” Jad Abdelrahman, LegacyFX’s Chief Executive Officer, commented.
With the brand-new partnership, Real Betis adds LegacyFX as one of its 15 international agreements, becoming over 35% of the turnover for the football club’s business. “We welcome LegacyFX. This new partner is a global company looking for like-minded global brands, such as Real Betis. LegacyFX has seen in our Club an ideal partner to develop its international strategy. Its important presence on our game shirt is one of the main assets of our entity,” Ramón Alarcón, General Manager of Business of Real Betis, stated in the announcement.
Background of Both Parties
Based in Sevilla, Spain, Real Betis was founded in 1907, whose home-field stadium is the Estadio Benito Villamarín with a seating capacity of 61,000.
On the other hand, founded in 2017, LegacyFX is a regulated broker which offers forex and CFD trading services on over 500 assets, whose headquarters are in Larnaca, Cyprus.
LegacyFX, a foreign exchange ( Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Read this Term) broker, announced on Thursday that the firm becomes the official sponsor of the professional Spanish football club, Real Betis Balompié, S.A.D, known commonly as Real Betis. According to the press release shared with Finance Magnates, the deal, with an initial duration of two years and the possibility to extend it further, stipulates that LegacyFX’s brand name will be included on the back of the football club’s jerseys.
The announcement is part of the broker’s interest in the Spanish’s LaLiga since long ago. “We, at LegacyFX, are always looking to present our brand in a successful and promising manner. As such, we chose one of the best teams in LaLiga, due to its rich history in Spain, Europe and even worldwide. We believe that this partnership with Real Betis is in line with our vision, will positively represent our brand to our clientele proudly, and catapult our name as a truly leading global brokerage,” Jad Abdelrahman, LegacyFX’s Chief Executive Officer, commented.
With the brand-new partnership, Real Betis adds LegacyFX as one of its 15 international agreements, becoming over 35% of the turnover for the football club’s business. “We welcome LegacyFX. This new partner is a global company looking for like-minded global brands, such as Real Betis. LegacyFX has seen in our Club an ideal partner to develop its international strategy. Its important presence on our game shirt is one of the main assets of our entity,” Ramón Alarcón, General Manager of Business of Real Betis, stated in the announcement.
Background of Both Parties
Based in Sevilla, Spain, Real Betis was founded in 1907, whose home-field stadium is the Estadio Benito Villamarín with a seating capacity of 61,000.
On the other hand, founded in 2017, LegacyFX is a regulated broker which offers forex and CFD trading services on over 500 assets, whose headquarters are in Larnaca, Cyprus.
