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Forex?
What is it, anyway?
The market - The currency trading (FOREX) market is
the biggest and the fastest growing market on earth. Its
daily turnover is more than 2.5 trillion dollars, which
is 100 times greater than the NASDAQ daily turnover.
(click
here to read full market background by Easy-Forex™).
Markets are places to trade goods. The same goes with
FOREX. The Forex goods (or merchandise) 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?
Very simple and obvious: buy cheap and sell for more!
The profit is generated 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). If, for example, the exchange rate of "your"
pair of currencies increased by 0.6% in the last 4 hours,
your profit will be 60% on your investment! Such can
happen in one business day, or in a few hours, even
minutes.
Moreover, you cannot lose more than your "margin"! You
may profit unlimited amounts, but you never lose more
than what you initially risked and invested.
You can implement your choice (the pair of currencies,
the volume amount) under any direction to which the
market is moving, and yet make profit. It does not
matter whether the exchange rate is going up or down:
you can always decide to buy Euro and sell dollar, or
vice versa - buy dollar and sell Euro. You don't have to
physically possess certain currencies in order to
perform "buy" or "sell" with them.
How do I start?
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.
It can't be simpler or easier than that. Need help?
We'll provide you with 1-on-1 training and service, as
much as necessary (Easy-Forex™
offers real people service, live, in your own language).
How do I trade Forex?
You select the pair of currencies with which you wish to
make a Forex deal. You determine the volume (the amount
of the deal). You deposit the "margin" (collateral
needed to facilitate the deal. Usually - only a very
small portion of the whole deal, say: 1% or 1:100).
Before you finally activate the deal, you can still "freeze"
it for a few seconds. That enables you to either change
the terms, or accept it as is, or altogether regret the
whole idea. The "freeze" feature is a unique service by
Easy-Forex™.
When your Forex deal is running (you hold an "open
position"), you can monitor its status and check
scenarios online, whenever you wish. You may change some
terms in the deal, or close it (and cash the profit, if
any, or minimize the loss, if any). Moreover,
Easy-Forex™ lets you determine a "take-profit" rate,
with which the deal will close automatically for you,
when and if such rate occurs in the market. Meaning: you
do not have to stay near your computer when you hold
open positions.
Want to know more? Want to get on-line training?
Register here (simple, 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. |