2/16/2011

Why Forex

So what exactly is the forex, you ask?
 

It's a market; it is that simple.

    More precisely, FOREX is a currency trading market, and it is one of the largest and most rapidly developing markets on the planet. Over 2.5 trillion dollars are turned over on the forex every single day. That is more than 100 times the amount turned over daily on the NASDAQ. If you are intrigued, you can click here and get more detailed market information from Forex4you.

    So, what is a market? Simple: it's a place where goods are traded. The forex is no different, but with one little twist: the goods traded on the forex are national currencies. For example, on the forex you might pay in American dollars and buy some Canadian dollars. Or, you could sell your euros for Japanese yen. There is nothing more to it than that.
How do I make a profit using the forex?

    Again, the answer is obvious: just as with any market, you make money by buying low and selling high! Buy for less, sell for more! All you do is take advantages of fluctuations in the relative values of world currencies. Each currency's value changes every day in the currency exchange market. All you have to do is use these fluctuations to your advantage.

    One thing we'd like to mention about currency exchange on the forex.  These daily fluctuations are actually 100 times greater than the actual fluctuation (for example, around 1%). Generally speaking, Forex4you can offer trading ratios of between 1:10, 1:100, 1:200 and 1:500. So let's do the math: if the exchange rate of your given pair of currencies increased by just 0.6% over the last few hours, then you'll bag a profit of 60% on your original investment! All of this can happen over the course of a single business day, or as quickly as a matter of minutes.

    And best of all, you don't risk losing anything more than your margin! There's absolutely no limit to your possible profits, but you never risk losing anything beyond what you originally invested.

    And another thing: you have the power to choose your pair of currencies, and their amount, based on which way the market's headed, and still turn a profit. It makes no difference which way the exchange rate is headed, down or up, because you always have the choice of buying US dollars and selling Yen, or the other way around - buy Yen and sell US dollars. And no, you don't need to actually own any particular currencies, or "have" them in hand, in order to make transactions with them on the forex (to buy them or sell them).
So, how do I get started?

    You simply register with Forex4you! We offer the easiest and fastest registration online, with absolutely no obligations. Once you're registered, just make a deposit of the margin amount you choose to begin trading with, and you can start. And only Forex4you allows you to make your deposit with your credit card and start trading in 2 minutes.

    It just doesn't get any simpler. But if you do need assistance, we offer as much customer service and one-on-one training as you need. And in case Forex4you your assistance won't come from a computer, but from a living, breathing human being, who speaks your language.
How do I trade on the forex?

    For starters, you simply choose which two currencies you want to make a deal with on the forex. You choose the amount of the deal you'd like to make (called the "volume"). You make a deposit to provide the collateral needed for the deal, called the "margin." In most cases, this is just a fraction of the overall amount of the deal, for example, 1%, or 1:100.

    You still have the power to "freeze" the deal for several seconds before you finalize it. Freezing allows you to adjust the terms or to accept them as they are. Or, you can call the whole thing off, and cancel the deal. Freezing is a feature offered exclusively by Forex4you. While your deal is still running, you have a so-called "open position." This means that you're able to follow your deal's status and scenarios online at any time. You can make changes to the deal's terms, or you can simply cancel it and either pocket any profits, or minimize any losses. What's more, Forex4you allows you to set a "take-profit" rate. When and if the market reaches this rate, your deal will close automatically, allowing you to be away from your computer while you have an "open position."

   Ready to learn more, or find additional training online. Just register with us, with no obligation, and we will lead you through the process step-by-step.

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