Penny stocks refer to those stocks in small cap companies that trade over the counter and are also called OTC or micro cap stocks. They are traded outside the major exchanges like NYSE or NASDAQ. Many companies promises high returns. You may see their records and other information from those sites by using a tool provided on the site.
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The penny stocks are hot issue worldwide. The stock market enables the companies to increase money to expand their business. However the new investor can be victim of many scam companies. These fraud companies give wrong information about their financial health and convince people to buy their stocks.
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies.
Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock,
with the exception of weekends.