What is a forex exchange rate?
I'm trying to understand what a forex exchange rate is. Could someone explain it to me in simple terms? I want to know how it works and how it affects currency conversion when traveling or making international transactions.
Why is forex haram?
I've heard that forex trading is considered haram in some cultures and religions. I want to understand the reasons behind this belief. Is it because of the risks involved, the potential for gambling, or some other religious or ethical considerations?
How does forex pay you?
I want to understand how forex trading generates income for traders. Specifically, I'm curious about the mechanisms through which forex pays out to its users.
What is a $100 bonus account in forex?
I'm interested in forex trading and I came across the term '$100 bonus account'. I want to understand what this bonus account means in the context of forex trading.
What is the 5-3-1 rule in forex?
I'm interested in learning about the 5-3-1 rule in forex trading. Could someone explain what this rule is and how it can be applied in the context of foreign exchange markets?