Foreign Exchange (forex) is one of the favorite choices for netter to work / invest online on the Internet. Working = if you are running alone, Investment = if you submit work to a forex fund manager / trader.
Forex Trading is a trading exchange foreign currency in international financial markets. The forex market is the largest financial market in the world, bigger than stocks, options, futures.
Conducting transactions in the forex market are: the governments of the world, the world's major banks, international companies, hedge funds, speculators and individual foreign currency. Thus the number of players in the forex market is causing the velocity of money becomes very fast. Transactions that occurred more than 1.9 trillion U.S. dollars every day that makes money can be transferred from one place to another in just a few seconds. The players can do forex trading by using brokerage services (Commission house) or do it yourself online via the internet.
The advantages and ease of trading forex online
1. Open 5 days a week.
2. Via the Internet (online) you can conduct transactions anytime and anywhere.
3. Trading in almost all world currencies are common and have high selling power.
Example: USDollar, Yen, Euro, Franc, Pound Sterling. (EUR / USD, GBP / USD, USD / JPY, USD / CHF). and others.
4. Liquidity is very liquid with a number of broker / dealers who play in the forex market, thereby ensuring any price positioned us to execute trades, and not have to wait.
5. Brokerage commissions are relatively small, even for online trading through the internet there are no transaction fees but are charged only the amount of variety. And the spread is too small.
6. The potential profit of 2-way (up or down) Have a good profit potential in a strong currency and the currency weakened.
7. Trading Margin Facility that is a margin to make the purchasing power of investors exceeds the amount of capital owned.
8. Capital or initial fund which varied, in development now, only with a capital of $ 1 even we have to start trading. There is even a distinguished provide initial capital for free.
9. Facilities for exercise with real data but with virtual money (demo accounts)
When can you trade forex?
Forex trading has some advantages compared with other financial products, namely: trading can be done 24 hours a day, so you can adjust when trading with your spare time.
How to process the transaction?
The purpose of us to follow trading is to gain profit. And you can do forex trading which you do yourself with a capital of Internet connection (online), in this case means can be in homes, cafes, hotels, car, via PDA, and so forth. From the initial process of registration, payment or deposit, trading, until the withdrawal, everything is done online / via the web.
How much capital is required?
The amount of capital / cost is varied from $ 1 to infinity. One of the brokers who receive a capital of $ 1 is Marketiva.
And for you who was the first time entering forex market, you can open a virtual account where you can practice before entering into the real trading.
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