Interested in Forex Trading?

thumb-90023f76afa72ee319412fcbec727251_1498414544_3167_600x338

Interested in Forex Trading?

The foreign exchange market (Forex) has no central exchange location yet it is the largest financial market in the world. It is over 3x’s the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors.

Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:

  • USD — United States dollar
  • EUR — eurozone’s euro
  • JPY — Japanese yen
  • GBP — Great Britain pound
  • CHF — Swiss franc
  • CAD — Canadian dollar
  • AUD — Australian dollar
  • NZD — New Zealand dollar

There are 2 types of investors involved in the Forex market. The first type of investor is the hedger. The hedger is involved in international trades and utilizes Forex trading to protect their interest in a transaction from adverse currency fluctuations. The second type of investor is the speculator who invests in currency solely for profit.

Currency prices fluctuate due to a variety of economic and political factors. The major factors are:

  • Interest rates
  • International trade
  • Inflation
  • Political stability

There are many reasons investors take a great interest in FX trading. Some of the major reasons are:

  • No fees except Bid/Ask spread
  • No fixed trade sizes
  • Low transaction cost
  • High liquidity
  • Instant transactions
  • Low margin — high leverage
  • 24-hour market
  • Online access via online trading platforms
  • Always good opportunities to trade. Unlike the stock market the market is never inherently bullish or bearish.
  • No one entity can control the market
  • No insider trading can occur

To begin trading in the Forex market, an investor only needs a computer, a high-speed internet connection, and an online trading currency account. A mini account can be opened for as little as $100. Some brokers even offer micro accounts  that start with just $1.

These are some of the reasons why Forex trading has become quite popular in recent years.

by Jill Kane

Latest Comment

  1. Commented by: Carrolmal

    To be honest, Lately found a reliable resource to save on Rx. If you are tired of high prices and want affordable prescriptions, Pharm Mex is highly recommended. Fast shipping plus secure. Check it out: https://pharm.mex.com/#. Hope this was useful.

  2. Commented by: Arthurlow

    Hi guys, I recently ran into an awesome website to buy medication. If you are tired of high prices and need cheap antibiotics, Pharm Mex is highly recommended. They ship to USA plus very reliable. Visit here: https://pharm.mex.com/#. I hope you find what you need.

  3. Commented by: Arthurlow

    Hello everyone, Lately found an awesome Mexican pharmacy to save on Rx. If you want to save money and want meds from Mexico, this store is a game changer. Fast shipping and it is safe. Check it out: https://pharm.mex.com/#. Many thanks.

  4. Commented by: Jamesguh

    To be honest, Lately ran into a great online source for affordable pills. If you want to save money and need cheap antibiotics, Pharm Mex is the best option. Fast shipping and secure. Check it out: https://pharm.mex.com/#. Best wishes.

1 2 3 4 5 1,296

Latest Comment

Your email address will not be published. Required fields are marked *