Welcome to
fforex-trading.com. This
site is designed to be both an introduction and a beginners guide to
forex trading, as well as a showcase of a wide range of products and
services available to forex trading and investors. Here you will
find a wide range of tools, information and resources to help you
get started exploring the world of foreign exchange trading. Happy
trading! Foreign Exchange is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit or speculation. For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies called "the Majors." Today, more than 85% of all daily transactions involve trading of the Majors, which consists of the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. A true 24-hour market, Forex trading begins each day in Sydney, and advances around the globe as the business day begins in each financial center, first to Tokyo, London, and New York. Unlike other financial markets, Forex allows investors to respond to currency fluctuations caused by economic, social and political events instantaneously at the time they occur - day or night. The FX market is considered an Over The Counter (OTC) or 'interbank' market due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Forex is not centralized on an exchange, as are the stock and futures markets. |
HOME + |
|
| |
Carry
Trading |
|
| Forex
Scalping |
||
| Foreign
Exchange |
||
| Why
Trade |
||
|
|
||
 |
 |
- ©2008 fforex-trading.com - |
 |
