The Forex trading system was first created in the 1970's. The
word means "foreign exchange market" where the different
currencies of the world are freely bought and sold on the
market. Global Forex Trading is leading the world in real-time
currency trading software. This company also takes part in
dealing and comprehensive services for retail and institutional
foreign exchange traders. It prides itself on providing people
with the highest standard of service. This is evident when the
president of the company, Gary L. Tilkin, was named National
Ernst & Young Entrepreneur Of The YearŽ 2004 Awards Finalist
People all over the world are using this mode of currency
trading. The Forex trading system services more than 1o0
countries all over the world. It is the largest liquid fluid
market aaand the amount of money traded in this way amounts to
almost 1.5 trillion U.S. dollars every day. The transactions
take place through telecommunications 24 hours a day, every day.
Dealers operate in every time zone for the purpose of quoting
Forex trading is an objective market. If those who participate
in this market would like to change prices, they work with
billions of dollars. Single participants
cannot exert any
influence on the market. Traders have the flexibility of opening
and closing positions whenever they want and for however long
they want. There are no rules as to how long one has to keep a
certain position. The amount of profit a trader can make can be
impressive if he/she takes advantage of the credit lines
available to currency speculators.
In Forex trading, speculative interests are possible without
having a supply of real money. Therefore the costs of overhead
are less and people can trade with a small amount of money.
Transactions can be completed very quickly because the
fluctuating exchange rates can net one a huge profit if they
sell or buy at the right time. You can trade with this system
with borrowed money. This is called "Marginal trading". One lot
equals up to $100,000. but you do not need to have all of that
amount. Having 0.5% of the total allows you to become an
international trader on the money market.
About the author:
James Hunt has spent 15 years as a professional writer and
researcher covering stories that cover a whole spectrum of
interest. Read more at www.currency-trad
A Comprehensive Forex Broker Register
A comprehensive forex broker list includes investment banks with dealing rooms, commercial banks with treasury operations, and online brokerages that serve a larger market. The investment banks with forex trading capabilities include Morgan Stanley,...
An Explanation of Forex Trading
Forex trading means the simultaneous buying of one currency, and selling of another. The currency of one country is exchanged for that of another. The currencies are always traded in pairs such as US Dollar/Japanese Yen (USD/JPY), Euro/US Dollar...
Most FOREX traders use a broker to handle their transactions. What exactly is a broker? Strictly speaking, a broker is an individual or a company that buys and sells orders according the investor's decisions. Brokers earn money by charging a...
Investing vs. Trading: Who Cares Anyway?
The mutual fund industry requires customers that buy their funds and never sell them. So naturally, they disseminate a lot of editorial decrying any trading, market-timing or re-allocating that includes selling their mutual funds. This non-selling...
Trading Currency Through Online Forex Brokers
Access to foreign exchange (forex), the most extensive market on the planet, is generally through an intermediary known as a forex broker. Similar to a stock broker, these agents can also provide advice on forex trading strategies. This advice to...
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest / trade in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading.
** The Views and opinions represented in the provided website links and resources are not controlled by the Referring Broker or the FCM. Further, the Referring Broker and the FCM are not responsible for their availability, content, or delivery of services.