Why Trade Forex?

•24 hour tradingOne of the major advantages of trading Forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.•Superior liquidityThe Forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market,...

Collection of personal information

We collect information required to open an account, to transact business effectively and to safeguard your privacy. To do this, we gather information to help us assess your needs and preferences.The information we collect directly from you includes information required to communicate with you, including your name, mailing address, telephone number, e-mail address. In addition, we collect information...

More Forex trading examples :

The investor follows the cross rate between the EUR and the Japanese yen. He believes that this market is headed for a fall. As he is not quite confident of this trade, he uses less of the leverage available on his deposit. He chooses to ask the dealer for a quote in EUR 1,000,000. This requires a margin of EUR 1,000,000 x 5% = EUR 10,000 = approx. USD 52,500 (EUR /USD 1.05).The dealer quotes 112.05-10....

British Pound stronger than majors

The British pound was generally strong compared to the majors, though the action, most of the currency was at its fall versus the U.S. dollar and the Japanese yen. Apparently, the pound sterling is to remain extremely volatile next week before the Bank of England (BOE) completion rate on Thursday at 7:00 ET. The BOE is expected to maintain the same rate of 0.50%, but this will not even market influential...

US Dollar and Japanese Yen stayed the strongest

The Japanese yen and U.S. dollar were the strongest in the majors on a day when the U.S. stock indices pushed more than 2.5 percent. This shows that market relations and risk aversion are active. In fact, the CBOE ViX index of instability, an alarm measures of the market, rose more than 30 for the first time since July. FX carry trade down again, as NZDJPY fell sharply by 3.74%, while CADJPY and AUDJPY...

What is forex?

The largest financial market in the world, Foreign Exchange market, Forex or FX market, all the terms are used to describe the business of trading of the world's various currencies, with more than $2 trillion changing hands every day. Being an international foreign exchange market, Forex is a market where money is sold and bought freely. FOREX was launched in the 1970s, to become the biggest liquid...

Forex Trading – More Technical than Intuitive

The FX, Forex or foreign exchange, is all vis-à-vis money. Foreign currency from all around the world is available to be bought or sold here. Any individual Forex trader or big and powerful business firms can buy or sell currency freely, on this currency exchange platform.When dealing in foreign currency exchange, there is an ongoing cycle of buying and selling in the market. A trader can buy one...

How to earn in Forex

Forex, where the commodity to be traded is currency, and not stocks and shares, is a trading market which gives its investors, returns in the form of the relative value of one currency exchanged against another. Forex trading is therefore, always dealt in currency pairs with the major currency pairs being Euro/US Dollar (EUR/USD) and US Dollar/Japanese Yen (USD/JPY), to name a few. And it is with...

How to trade Forex

STEP 1:The step 1 defines certain concepts and terms of Forex Trading-Quotes are a vital part of the foreign exchange trading, as Forex trading is done in terms of quotes. Therefore, comprehending these quotes is the first important step.Firstly, in a Forex quote, the currency listed first is known as the Base currency. For example, we have EUR/USD. Here, EUR is the Base currency.Secondly, the base...

Why opt for Forex trading?

With more than $1.5 trillion USD being traded daily, the foreign exchange market has managed to become the world's largest financial market, over the last three decades. With the large minimum deal sizes and rigid financial requirements, the Forex market, till recently, was not explored by the common trader or individual investor. But now the average investors can also engage in Forex trading. Some...

Trade Forex Like a Pro - 3 Proven Techniques to Boost Your Profits

The business of trading forex may sound easy, but in reality, it is not. Although you can get the hang of it as you go along, it is only with long term trading and a wealth of experience that you can trade forex like a pro. There are, however, many deeper trading techniques that can help boost your profits, but most of these techniques are used only by the pros as they require a deeper level of understanding...

FOREX DEMO :

forex demo shows you how it works before you jump into it for realBefore airplane pilots actually fly on their own, they usually practice in simulators that re-create what flying will be like without any actual risk. Since currency trading is as dangerous financially as flying is physically, it makes sense that there would be a forex demo available, too.A forex demo is a smart way for a new investor...

FOREX ALERTS

In the spot forex market, all trades must be settled in two business days. A rollover refers to the process of closing open position for today's value date and the opening of the same position for the next day's value date at a price reflecting the difference in interest rates between the two currencies.In accordance with international banking practices, Forex brokers automatically rolls over all...

FOREX BROKERS

Finding a forex broker in a crowded marketplaceSo you want to get involved in the foreign exchange market, or forex. You're itching to trade one currency for another and make some profit. But you can't just barge into Citigroup of Merrill Lynch and start throwing euros and yen around. To participate, you need a forex broker.The preeminent forex broker for day traders (i.e., average Joes) is Advanced...

FOREX CHART

How to read a forex chartThe forex chart is among the most basic tools in a forex trader's arsenal. Simply put, it is a graph of a particular currency pair's performance over a given period of time. Reading forex charts is essential to a trader's business, so it's important to know how to read them and understand what they mean.Every forex chart will be labeled with a currency pair: EUR/USD, USD/GBP,...

COMMUNICATION SYSTEM

When someone sends a message to a remote person, say voice, this message will be transmitted over the media as an electric signal. The device that performs this transformation when the transmitted message is a voice will be a microphone. This is the first step for transmitting the message by the communication system. This electric message is a voltage signal which varies with time.Once the electric...

Find a Name From a Phone Number Using a Reverse Phone Search - The BEST Method by a Mile!

What most people do not realize is, cellular phone numbers are not given out to the public for free. Therefore, you are going to have to spend a small amount of money to get this information. Luckily, the price is very minuscule and the information you get is plenty more than you need! Let's start with why people do reverse phone searches.What are reasons people do Reverse Phone Searches?* The main...

The Dangers of Cordless Phones and Wifi

When you call me these days, you may notice that I'm more present. You won't hear the sound of washing dishes or putting away laundry, won't catch me checking emails while you pour your heart out, and I sure won't be up the ladder picking plums with the cordless squeezed between my shoulder and ear. I'll be sitting on a chair in the main hallway of our house, with nothing better to do than talk to...

How to Do a Classmates Search

Google should be your first choice in making almost any search. You can also use it on classmate search. Google is the biggest search engine widely used by internet users anywhere in the world. Just type your classmate's name on the search tab like your usual searches. You will be provided with a list of links to web pages containing your classmate's name.FacebookThis is a social networking site with...