DESCRIPTION
The ultimate trading machine providing all the tools and resources you need to profit in the FOREX Market.
Trading currencies online just got easier. Easy-Forex™ gives you more control than you ever thought you could have.
ARTICLE
Global Forex Trading:
Let me firts talk a bit about what is
Forex, anyway? The FOREIGN EXCHANGE (FOREX, FX) market is not a
"market" in the traditional sense. In fact, it is the closest thing
to "a perfect market" from a pure economics perspective. There is no
centralized location for trading as there is in other forms of stocks
and trading. Trading occurs around the clock over the telephone and on
computer terminals at thousands of locations around the world. Foreign
Exchange or (FOREX) is also the world's largest trade market. Daily
market turnover has skyrocketed from approximately 5 billion USD in
1977, to a staggering 2.5 trillion (and more) US dollars today.
This is more than 100 times the daily turnover of the NASDAQ (what's
that worth to you). Most foreign exchange activity consists of the
spot business between the US dollar and the six major currencies
(Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and
Australian Dollar),but the FOREX market is so large, and is hosting
so many participants, that no single player, governments included,
can directly control or make any significant influence over the
direction of the market. That makes the FOREX market the most
exciting market in the world. Central banks, commercial banks,
international corporations, money managers, speculators, and private
individuals - are all involved in FOREX trading.
Foreign exchange (FOREX) is the trading of contracts of currency pair
exchange rate. It is a NON-DELIVERY trade, which means that there is
no physical transaction of currencies, but it is rather an agreement,
or "contract" (FOREX DEALS), to trade specific volumes of a pair of
currencies at an agreed upon rate. The magnitude of such FOREX trade
is that, in order to make the deal, only a proportional amount is
needed (the COLLATERAL, or the MARGIN). Thus, if the currency pair
exchange rate has changed by some percentage, the value of the MARGIN
invested would accordingly change, however - in a much higher
proportion. In fact, the actual change onto the Forex trader's
investment (the MARGIN they deposited), will be the nominal change
occurred to the exchange rate, multiplied by the MARGIN ratio (the
leverage).
More on Global
Forex Trading
Keywords: Forex, Forex Trading, Foreign Exchange Trading, Day
Trading, Currency Trading, Global Forex Currency, Forex Exchange
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