trading volume</strong></a> of over 3 trillion dollars. It’s a leading financial market in terms of size and liquidity. Forex is completely <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralization/">decentralized./nThe Forex began forming in the early 1970s. It was prompted by the collapse of the Bretton Woods system. In turn, Nixon took the liberty of taking the dollar off the gold standard. This enabled exchange rates to be determined by demand and supply. And thus began the new age of the Forex.</p>\n<p>The exchange rate is determined by participants which include day-to-day traders, brokers, and international banks, among many others. Generally speaking, <strong>major organizations</strong> like commercial banks <strong>hold the most power over the exchange rate</strong>. They interact in one of two ways: one-on-one or through a broker.</p>\n<p>It’s similar to cryptocurrency trading. 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":992,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Fiscal Policy?","slug":"what-is-fiscal-policy","section":"F","keyword":"Fiscal Policy","status":"published","definition":"a method that is used by the authority to customize spending and tax levels.","content":"<p>Fiscal Policy is a government method of editing <strong>spending levels and tax rates of the people of the country</strong>. It enables them to supervise and, eventually, impact a country's economy by specifying how government money is acquired and spent.</p>\n<p>For instance, let’s say that fiscal policy is the reduction of fees and authority spending. These actions are done in regard to increasing aggregate need alongside decreasing the reserves of the budget. Besides, the technique is founded on the concept that governments may impact macroeconomic performance by increasing or decreasing public spending and tax costs.</p>\n<p>Fiscal and monetary policies are used interchangeably. <strong>It’s to ensure that the economy isn’t volatile and even adjust its direction.</strong> Both of these policies can be employed in order to increase economic directories such as increasing employment rates. They can also influence the evolution of a country.</p>\n<p>To put things into perspective, aggregate demand, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-inflation/">inflation, consumption, and employment rates in a country's tax system and economy are affected by the authority.</p>\n<p>So, the government holds a lot of power, and this can have advantages. As an example, they can manage inflation, keep the value of money consistent, and even increase employment rates. But, without a doubt, this can have a detrimental impact as well. This is very true in nations with high levels of corruption.</p>\n<p>Most fiscal policies revolve around fees. Specifically, they impact how much money the government makes accessible to each section of the community. Taxes can also have an impact on how much money a person is prepared to spend. Speaking of which, there is an ongoing debate about the level of <strong>involvement</strong> the government should have in the economy. This is a question that might be hard to answer by the creators of the policy.</p>\n<p>Even though this is an extended issue, some economists and political analysts argue that some level of government intervention is required to maintain a healthy society.</p>","level":"medium","meta_title":"What is Fiscal Policy? Definition & Meaning | Crypto Wiki","meta_description":"Fiscal Policy meaning: Fiscal Policy - a method that is used by the authority to customize spending and tax levels.","meta_keywords":null,"language":"en","created_at":"2022-05-19T05:21:22.000000Z","updated_at":"2022-06-07T11:49:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-fiscal-policy"},"prevSection":{"id":987,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Forced Liquidation?","slug":"what-is-forced-liquidation","section":"F","keyword":"Forced Liquidation","status":"published","definition":"involuntary closing of the leveraged position of a trader due to his/her failure to meet the essential margin requirements.","content":"<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-liquidation/">Liquidation refers to the conversion of assets into cash or cash equivalents. The <strong>compulsory conversion </strong>of assets into cash is known as forced liquidation. It's a system for generating market orders to exit leveraged positions. The difference between liquidation and forced liquidation is that the latter <strong>occurs automatically </strong>when certain requirements are met (or not).</p>\n<p>In the crypto world, when an investor doesn’t fulfill the margin requirements for a leveraged position, forced liquidation occurs. Liquidation applies to both – <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-futures/">futures and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-margin-trading/">margin trading</a>.</strong></p>\n<p>Keep in mind that <strong>liquidation price</strong> is something you should pay attention to when trading with <strong><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-leverage/">leverage. If your leverage is high, the liquidation price is very close to your entry.</p>\n<p>To illustrate, imagine that you begin with a $100 deposit. Let’s say you take a <strong>15x leveraged long position in the BTC/ETH market. </strong>This means that your position is worth $1500 out of which $100 is yours and the remaining is borrowed.</p>\n<p>Now imagine that BTC drops by 10%. What happens? Your position is now worth $1350. That's a bummer, right?</p>\n<p>However, imagine that your position continues to lose money. This means that the borrowed funds will definitely be affected but the lender surely doesn't want to lose money on your account. Because of this, your position will most likely be liquidated to safeguard the capital of the lender. Thus, you'll lose your $100 investment.</p>\n<p>Keep in mind that a <strong>liquidation fee</strong> is usually added to forced liquidation. It differs between platforms platform. However, it encourages traders to close their positions before they get closed automatically. Though a lot of trading platforms allow users to evaluate the liquidation price of a position before it is entered.</p>\n<p>Additionally, note that liquidation might also be utilized when talking about <strong>bankruptcy. </strong>When a person or a company has to convert its assets into cash, it's referred to as liquidation. In this case, cash is perceived as a \"liquid\" form of an asset.</p>","level":"medium","meta_title":"What is Forced Liquidation? Definition & Meaning | Crypto Wiki","meta_description":"Forced Liquidation meaning: Forced Liquidation - involuntary closing of the leveraged position of a trader due to his/her failure to meet the essential margin requirements.","meta_keywords":null,"language":"en","created_at":"2022-05-18T11:57:08.000000Z","updated_at":"2022-06-07T11:49:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-forced-liquidation"},"currentChapter":"F","currentSection":"what-is-forex-fx","chapterTitle":"F","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-forex-fx","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter F
What is Forex (FX)?
Forex (FX) MEANING:
Forex (FX) -
a decentralized currency exchange marketplace.
Let's find out Forex (FX) meaning, definition in crypto,
what is Forex (FX),
and all other detailed facts.
Forex (FX) a.k.a. Foreign Exchange is a global market for trading currencies with a trading volume of over 3 trillion dollars. It’s a leading financial market in terms of size and liquidity. Forex is completely decentralized.
The Forex began forming in the early 1970s. It was prompted by the collapse of the Bretton Woods system. In turn, Nixon took the liberty of taking the dollar off the gold standard. This enabled exchange rates to be determined by demand and supply. And thus began the new age of the Forex.
The exchange rate is determined by participants which include day-to-day traders, brokers, and international banks, among many others. Generally speaking, major organizations like commercial banks hold the most power over the exchange rate. They interact in one of two ways: one-on-one or through a broker.
It’s similar to cryptocurrency trading. However, unlike cryptocurrencies, the FX market handles only fiat currencies. Participants of the FX market buy and sell in currency pairs. For instance, GBP/USD, EUR/USD, USD/CAD, and USD/JPY, among many other currencies. While cryptocurrency markets are available at any time and any day, the Forex market is closed during the weekends.
Speculative trading is an often occurrence on the Forex market. Most of the trading happens on the spot markets. Derivatives rely on real-time volume to successfully operate. Investors take into account leverage, technical analysis, and scalping to make financial returns.
Additionally, some FX investors participate in hedge trading. They can employ futures contracts in addition to forward contracts when hedging.
