Currency
FoXSE
Currency
Details about the market.
Explanation

 

The market consists of 27 actively traded currencies from Angolan Kwanza to S Korean Won.

A trader can hold up to £40m of any one currency at any one time.

On trading out of their position, the trader can either dump the currency back onto the market, trade on the marketplace or if they have a client and the time since they bought the currency is over 6 hours, they can attempt to get a better deal. It should be noted though that the client will then offload the currency within 24 hours..and if they lose money their faith in the trader will be reduced, impacting the trader's reputation.




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