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: Matthewequip

    cost of generic propecia pills: cost of generic propecia without prescription – order cheap propecia pill

  2. Commented by: Matthewequip

    where to get zithromax over the counter: zithromax 500 mg lowest price pharmacy online – buy zithromax online cheap

  3. Commented by: MichaelMef

    Top Creative Agencies in Los Angeles and the USA
    Top Creative Agencies, A-Z
    WAYPOINT values transparency and being well-informed. With 4 offices around the world (UK, France, Canada, USA) and 14 years in the video game and entertainment marketing industries, we’ve worked on projects like key art for Assassin’s Creed, collector’s editions for Sony, life-size statues for Square Enix, and CG videos for Machine Zone, to name a few. Although we provide most of the services game companies need to promote themselves and/or their games we are aware that you may want to have various options to consider for your upcoming projects. That’s why we’ve compiled a list of agencies who we think highly of on a creative level.

    Whether you end up working with WAYPOINT or not, don’t worry, we have you covered! Let us help you get the lay of the land. Check out the following list for a review of the top creative agencies including the services they provide. We will add to this list occasionally so feel free to send us a submission. See below to get a free creative brief template.
    Driven by data, Ayzenberg is a frontline agency that prides itself on listening, creating, and sharing creative content. It’s approach fosters a relationship of trust between the agency and its clients, such as Zynga, Mattel and Facebook. Ayzenberg specializes in digital, original content, brand identification, consumer electronics, etc., carrying out projects with collaboration and innovation.

  4. Commented by: TomasIMARI

    dove acquistare viagra in modo sicuro: viagra online siti sicuri – viagra generico in farmacia costo

1 383 384 385 386 387 711

Latest Comment

Your email address will not be published.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