Foreign exchange market, or better known as FOREX, is the world's largest and most prolific financial exchange market originated on 1973. Bearing the status of largest and most prolific currency exchange market, FOREX is the center stage where a vast majority of the currency trading or FOREX trading takes place, with a total daily turnover of currency worth more than $1.2 trillion.
For having such an enormous sum of total turnover everyday, FOREX can be considered as a liquid market ideal for Forex trading. Unlike many other securities, FOREX does not trade on a fix exchange rate, instead, currencies are traded primarily between central banks, commercial banks, non-banking international corporation, hedge funds, private investors and not to forget, speculators. Previously, smaller investors are precluded from trading in FOREX due to the large amount of deposit required. However, until the recent years, with the continuous growing of Internet and the rise of competitions, smaller investors can now trade in FOREX as the requirement to trade in FOREX has been amended.
Truthfully, there are a few factors why FOREX trading is starting to attract more and more medium and smaller sized investors. One of the main reasons is due to the fact that FOREX trading operates at 24 hours per day, 5 days per week. In addition to that, unlike the old days where trading is done only through telephone, it can now be done...
The full article available at http://www.forex.labuan.net/Forex-trading.html
Alvin Han is the editor of http://www.forex.labuan.net
Long TermLong term traders will work from end of day... Read More
You know the old joke:"How do you make a million... Read More
ISO 4217 is an international standard describing three letter codes... Read More
The foreign exchange currency market is the largest market in... Read More
It is possible to buy and sell money from different... Read More
Are you thinking of entering the fast-paced world of day... Read More
Foreign exchange market, or better known as FOREX, is the... Read More
Forex, or Foreign Exchange, is the simultaneous exchange of one... Read More
If you ask me whether the market will have moved... Read More
FOREX is the world's largest and most liquid trading market.... Read More
Foreign exchange market is also known as Forex or FX... Read More
Since the US dollar is the centerpiece of the market,... Read More
Everybody hates to lose and unfortunately no one is blessed... Read More
If you want to be a successful trader, you must... Read More
Momentum day trading can be extremely profitable when done correctly...Day... Read More
I received an email this week with a question (below)... Read More
For those of you who are interested in forex trading,... Read More
The exchange rate of the Macedonian Denar against the major... Read More
Over the past several years, the popularity of online currency... Read More
The Forex Market-What, When and Why?Forex, FX and the Forex... Read More
To trade on the forex market, the largest financial market... Read More
Most traders use a FOREX broker to handle their transactions.... Read More
FEARING LOSSESThere is a huge difference between being risk averse... Read More
Forex made easy is as simple as you would want... Read More
With every passing year the interest in electronic trading is... Read More
The Foreign Exchange Market ? better known as FOREX -... Read More
A Forex broker is a broker dealing in foreign exchange,... Read More
For those of you who are interested in forex trading,... Read More
A Minister of Finance is morally right to lie about... Read More
One can learn forex trading as easily as one would... Read More
Foreign exchange currency trading is also known as Forex trading,... Read More
Are you thinking of entering the fast-paced world of day... Read More
FEARING LOSSESThere is a huge difference between being risk averse... Read More
What is arbitrage? Arbitrage is the simultaneous buying and selling... Read More
Below I will describe three basic principles that may come... Read More
For the first time in several years the U.S. dollar... Read More
If you ask me whether the market will have moved... Read More
What Is Online Futures Trading?A futures contract is an agreement... Read More
During my first year as a local (independent trader) on... Read More
Profitable day traders recognize that momentum trading is among the... Read More
We all know when you go on a trip to... Read More
Most traders use a FOREX broker to handle their transactions.... Read More
The foreign exchange currency market is the largest market in... Read More
FOREX is the world's largest and most liquid trading market.... Read More
Are you looking into a career in day trading? In... Read More
Consider the following: As a trader you are in a... Read More
The base unit for the renminbi is the yuan, which... Read More
I am reading a fantastic book on trading, first published... Read More
Q1: When you consider that the foreign exchange market has... Read More
RULE #1) ~ Cut your losers; let your winners ride.One... Read More
|