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.
