| Forex? What is it,
anyway?
The market
The currency trading (FOREX) market is the biggest and fastest
growing market on earth. Its daily turnover is more than 2.5
trillion dollars. The participants in this market are banks,
organizations, investors and private individuals, just like you.
(click
here to read full market background by Easy-Forex™).
The goods (merchandise)
Markets are places to trade goods, and the same goes with FOREX.
The Forex goods are the currencies of various countries. You buy
Euro, paying with US dollars, or you sell Japanese Yens for
Canadian dollars. That's all.
How does one profit in Forex?
Obviously, buy cheap and sell for more! The profit potential
comes from the fluctuations (changes) in the currency exchange
market.
The nice thing about the FOREX market, is that regular daily
fluctuations, say - around 1%, are multiplied by 100! (in
general,
Easy-Forex™ offers trading ratios from 1:50 to 1:200).
How risky is Forex trading?
You cannot lose more than your "margin" (your initial
investment)! You may profit unlimited amounts, but you never
lose more than what you initially risked. However, risk only
what you can afford and is not vital for your well-being.
How do I start trading?
Register (Easy-Forex™ offers the simplest and quickest
registration process, no obligation); deposit your first trading
"margin" amount (credit cards are welcome, only by Easy-Forex™);
start trading.
How do I monitor my Forex trading?
Online, from anywhere, anytime. You have full control to monitor
status, check scenarios, change some terms in the deal, or close
it.
Want to know more? Want to get on-line training?
Register here (quick, no obligation), we'll be glad to guide
you, every step of the way.
Good luck!
Forex trading involves substantial risk of loss, and may
not be suitable for everyone.
The foreign exchange (currency or forex or
FX) market exists wherever one currency is traded
for another. It is by far the largest financial market in the
world, and includes trading between large banks, central banks,
currency speculators, multinational corporations, governments,
and other financial markets and institutions. The average daily
trade in the global forex and related markets currently is over
US$ 3 trillion. Retail traders (individuals) are a small
fraction of this market and may only participate indirectly
through brokers or banks, and are subject to forex scams.
The Benefits of Forex Trading
No Short Selling Restrictions
Forex trading always involves buying one currency and selling
another, so traders can easily trade in a rising or falling
market. There is no Zero Uptick rule or any other restriction
against shorting a currency.
At $3.2 Trillion Per Day, Forex is the Most Traded Market in the
World
The sheer volume of Forex helps to facilitates price stability
in most market conditions. What's more, almost 85% of all
currency transactions involve the 7 major currency pairs.
Trade on Your Schedule; Respond to Changes in the Market
Forex is a true 24-hour market, open continuously from 5:00pm ET
on Sunday to 5:00 pm on Friday. With three distinct trading
sessions in the US, Europe and Asia, you can trade on your own
schedule and respond to breaking news.
Keep 100% of Your Trading Profits
FOREX.com charges no commissions or transaction fees, while
still offering free access to real-time quotes, news, charts,
research, and more. The cost of trading is built into the
bid/ask spread. Also, dealing spreads as low as 3 pips (.0003)
are available in currency trading. Even at a penny (£.01), the
bid/ask on a stock trade is 30x wider, in addition to the
brokerage commission.
Up to 200:1 Leverage
With more buying power, you can increase your total return on
investment with less cash outlay. Of course, increasing leverage
increases risk. With £1,000 cash in a margin account that allows
200:1 leverage (.5%), you can trade up to £200,000 in notional
value.
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