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F0, non-fixed; F1, fixed to one side; F2, two sides; and F3, three or more sides [9].
For that reason, currency pairs are classified into three main categories the Majors, Minors, and Exotics. Therefore, the forex market attracts many traders, beginners and experienced alike. For this reason, forex traders will either have to trade large batches known as lots, or take advantage of leverage.
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