What is Forex - Learn Forex and currency trading market ~ IskaDev
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Thursday, October 10, 2013

What is Forex - Learn Forex and currency trading market

Forex Market - What is Forex:

Forex Trading Market (forex trading, forex market, forex) is the largest and fastest growing market on earth,
the daily movement of money is more than $ 2.5 trillion. The participants in this market are banks, organizations, investors and private individuals, just like you.

What happens in the currency trading market (Forex)?

The markets are places to trade goods, and the same thing is in line with the forex market.In the forex markets, "goods" exchange are the different currencies of the country (in addition to gold and silver).
For example, it is possible to buy the euro, paid in U.S. dollars, or sell the Japanese yen against the Canadian dollar. Basis is trading a particular currency against another currency.
Of course, you do not have to actually buy the currency. "Buy" one currency for another, simply to trade only and operate your own basic currency, in any transaction for the currency pair you wish to speculation.

"Leverage" is what distinguishes Forex:  

The ratio between the amount of investment and the actual value of the deal, called "leverage." Use the amount of $ 1,000 to buy a Forex deal worth $ 100,000, you "raise" the deal by 1:100.
Your investment amount is $ 1,000 and this is only the amount you risk, but the profits that could be reaped could be many times larger.
How is it possible to reap the profits forex market? 
It's in the intensity of simple, buy a few and sell price more! Lies the possibility to profit from fluctuations (changes) in the currency exchange market. Unlike the stock market where stocks are bought, forex trading does not require an actual purchase of currencies, but contracts are worth trading and exchange rates for the currency pairs.
 The nice thing about the foreign exchange market, those regular daily fluctuations, say - around 1%, multiplied by 100!
What is the risk trade forex?

Can not lose more than your initial investment (also called the "margin"). May earn unlimited exaggerated, but you will never lose more than the amount risked by in the beginning. But strongly recommend that risk only what you can afford to lose and capital is not necessary for your living.
How you can start trading in the Forex market?

If you want to trade in the Forex market you have to first register in one of the trading platforms and is a very simple process and then deposit the amount you would like to be in your margin account for investment. Most platforms support several methods of deposit and easy, such as PayPal, of Western Younine, as well as most types of credit cards.
 After receiving your deposit, you are ready to start trading.
How i can follow my business Forex ?
On the network, from anywhere, at any time. You have complete control to follow your trading situation, with the possibility of developing test scenarios, change some of the terms in your Forex deals, close deals or pull profits.

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  1. It is not easy to understand the forex trading unless you have pretty much experience in accounting and finance. I have also learned about forex from the Internet only. But that was the first step I took. After few years now I'm a Forex Fund Manager. Isn't that amusing?