 What is the Forex?
The Forex market is a cash market where
currencies of nations are traded. The Forex is the largest financial market in the world, with the equivalent of $2 trillion changing hands daily; more than three times the aggregate amount of the US Equity and Treasury markets combined.
 Who trades currencies, and why?
Daily turnover in the world’s currencies comes from two sources:• Foreign trade (5%). Companies buy and sell products in foreign countries, plus convert profits from foreign sales into domestic currencies.
• Speculation for profit (95%)
Most traders focus on the biggest and most liquid currency pairs. “The Majors” include US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar, and Australian Dollar. More than 85% of daily Forex trading happens in major
currency pairs.
 Trading 24 hours a day.
A true 24-hour market from Sunday 5 PM ET to Friday 5 PM ET, Forex trading begins in Sydney, and moves around the globe as the business day begins, first to Tokyo, London, and New York. Unlike other financial markets, investors can respond immediately to currency fluctuations, whenever they occur - day or night.
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Why should you trade the FOREX?
LEVERAGE - LEVERAGE - LEVERAGE
100,000 worth of foreign currency
can be initiated for only $1,000
LIQUIDITY
Liquidity is virtually assured with availability
of willing buyers and sellers worldwide at all times.
LOW TRADING COST
No commissions are charged for round-turn transactions.
EASE OF ENTRY
Investors can open accounts with a small amount of capital.
The FOREX
is one of the most popular markets for speculation,
due to its enormous size, liquidity,
and tendency for currencies to move in strong trends. It
operates through an electronic network of people,
banks and companies that specialize
in trading one currency for another. The Forex
market is so huge and has so many global players
that no single individual or entity,
not even a central bank, can control the market
for any significant period of time.
FOREX
trading is perhaps the world’s simplest way to create wealth.
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