ligorfund.com - Now into Forex Trading
Business models evolve with time, sometimes due to changes in the market and sometimes due to advent of technology, resulting in emergence of new exciting trends. We at ligorfund.com, closely track the startup ecosystem from across the world and we have come across a whole lot of interesting new themes which are gaining popularity, one of them being Forex Trading Platforms.
Globally there are 4287 Forex Trading Platforms companies, and here is the ligorfund joined into rope.
Forex (FX) is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another for a variety of reasons, usually for commerce, trading, or tourism. According to a 2019 triennial report from the Bank for International Settlements (a global bank for national central banks), the daily trading volume for forex reached $6.6 trillion in 2019.1
Trading currencies can be risky and complex. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.
ligorfund.com, steps into FX to capture the possibilities and build future ready SOP's. Our official FX trends starts from 2022, 2nd August.