Glance to know Forex

sometimes those of us who still lay, he heard a strange forex business. then in the post a little will we discuss about forex. what is forex? Forex stands for Foreign Exchange i said, or exchange of the value of different currencies. Actually forex activities without conscious or unconscious is often done by people who travel abroad must have a currency exchange with the destination country currency. or in export-import activities must conduct such activities.
if we trade by exploiting the exchange difference between the purchase price and selling price fluctuated at any time is usually called by traders who typically do forex trading through a trading house / broker either via telephone or online internet or manual though. what is traded on the foreign exchange market / forex, of course, sold traded currency, the currency traded in pairs through such broker or dealer
Euro vs U.S. Dollar (EUR / USD)
Pound vs. Yen (GBP / JPY).
What is the difference traditional forex market and forex market modern / online?

For traditional forex market currency level used is 1:1, or a means for trading worth $ 100 you need the money $ 100, or the means to perform a traditional market can be said to have substantial capital, generally done offline traditional trade in the FOREX market

While the modern market in its use of trade levels and margins, trade was using online media.
What is the level and margin?
Level here in modern FOREX market like the example is 1:100, or the means to trade $ 100 of capital should be employed only 1:100 its course, or $ 1 only,
$ 1 it was also mentioned by a margin (or also known as a deposit for the purchase quantity $ 100).
How could $ 1 can buy $ 100??
well, because it really can be said brokers who spend the money $ 100 is for you, so you only need to spend money (deposit accounts) to bear the losses and gains of $ 100 transaction. So $ 1 is a guarantee of $ 100, and the rest account as the agency laen losses and gains from such transactions. Therefore this is the forex trading system more modern than traditional demand by people.