Traditionally, access to the Forex market has been made available only to banks and other large financial institutions. With advances in technology over the years, however, the Forex market is now available to everybody, from banks to money managers to individual traders trading retail accounts. The time to get involved in this exciting, global market has never been better than now. Open an account and become an active player in the largest market on the planet. The Forex Market is very different than trading currencies on the futures market, and a lot easier, than trading stocks or commodities.
Whether you are aware of it or not, you already play a role in the Forex market. The simple fact that you have money in your pocket makes you an investor in currency, particularly in the US Dollar. By holding US Dollars, you have elected not to hold the currencies of other nations. Your purchases of stocks, bonds or other investments, along with money deposited in your bank account, represent investments that rely heavily on the integrity of the value of their denominated currency the US Dollar.
1000 and bought Euros when the exchange rate was 1. You would then have 1500 Euros. Euros for dollars and have more dollars than you started with. The FOREX plays a vital role in the world economy and there will always be a tremendous need for the exchange of currencies.
International trade increases as technology and communication increases. As long as there is international trade, there will be a FOREX market. The FX market has to exist so a country like Germany can sell products in the United States and be able to receive Euros in exchange for US Dollar. Why is FOREX trading so popular? Because you can trade from anywhere. If you have or like to travel, take your laptop with you and you can trade the FOREX anywhere in the world where you have an Internet connection.
FOREX Trading is Economical and Start-up Costs are Low! 200 at he most brokerage firms. I personally do recommend Fenix Capital Management, LLC, which offers a state of art Trading platform, that allows you to place orders directly by clicking on the chart. YOU don’t pay commissions or fees! YOU can trade 24-hours a day !
YOU can trade up to 400:1 Leverage ! YOU can have FREE Streaming executable Price quotes and live charts! In currency futures, the contract size is predetermined. If important data is released overseas while the U. The Spot FOREX market runs continuously on a 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.
Furthermore, currency futures trade in non-USD denominated currency amounts only, whereas in spot FOREX, an investor can trade in almost any currency denomination, or in the more conventionally quoted USD amounts. The spot FOREX market offers constant liquidity and market depth much more consistently than Futures. With IMM futures one is limited in the currency pairs he can trade. Most currency futures are traded only versus the USD. With spot FOREX, you may trade foreign currencies vs. 10 REASONS TO START TRADING FOREX! FOREX is the largest financial market in the world.
5 trillion, the spot FOREX market can absorb trading sizes that dwarf the capacity of any other market. 30 billion futures market, it becomes quickly apparent this gives you, and millions of other FOREX traders, almost infinite trading liquidity and flexibility. FOREX is a True 24-hour market. Trading positions can be entered and exited at any moment around the globe, around the clock, 5. There is no waiting for an opening bell as in the case of trading stocks. This is very desirable for you if you want to trade on a part-time basis, because you can choose when you want to trade: morning, noon or night.
There is never a Bear Market in FOREX. You can have access to a seamless exchange of currencies. Thus, when you buy a particular currency, you are actually simultaneously selling the other currency in that particular pair. As the market moves, one of the currencies will increase in value versus the other.
High Leverage – up to 400:1 Leverage. You are permitted to trade foreign currencies on a highly leveraged basis – up to 400 times your investment with Fenix Capital Management, LLC and with some other brokers. Mini FX accounts are permitted to trade with just 0. 25 allows you to control a 10,000-unit currency position. If you’re looking for an efficient use of trading , trade the Forex Market.