Vantage Markets12 Jul, 2024Business
Forex trading, since its inception in the 1970s, has undergone substantial transformations. The surge in technology and the emergence of online trading platforms have particularly catalysed an exponential rise in its popularity over the decades. Recent data accentuates this growth trajectory; the forex market grew from $715.09 billion in 2022 to a projected $763.17 billion in 2023, reflecting a compound annual growth rate (CAGR) of 6.41% [1].
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