18 November 2009

Introduction to Forex

Forex - foreign exchange market, where foreign currency trade - selling and buying spree.

Forex - the international arena for speculation in foreign currency, which has no central location for trading and exchange.

Forex - a huge market with a turnover of trillions of dollars per day and the biggest investors: banks, hedge funds, investment companies, etc.

Forex is open to individual retail investors, Forex traders through the services provided by Forex brokers, which provide access to market and execute orders of clients.

Forex - a market that is open 24 hours a day every day and online trading, except holidays.

Forex trading allows 150 pairs of foreign currencies, the most common of which are EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD and GBPJPY.

Forex trading is based on fundamental and technical analysis.

Forex allows retail investors to conduct their business without leaving home.

Forex - a tempting financial instrument, which can take possession of any person with any education.

Forex - the type of market in which trade can be automated on-line expert advisers without the involvement of human resources.



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