Forex

orex, or Foreign Exchange, is the simultaneous buying of one currency while selling for another. This market of exchange has more buyers and sellers and daily volume than any other in the world. Taking place in the major financial institutions across the globe, the forex market is open 24-hours a day.


In the forex market currencies are always priced in pairs; therefore all trades result in the simultaneous buying of one currency and the selling of another. The objective of currency trading is to buy the currency that increases in value relative to the one you sold. If you have bought a currency and the price appreciates in value, then you must sell the currency back in order to lock in the profit.
Currencies are quoted in pairs. The first listed currency is known as the base currency, while the second is called the counter or quote currency. In the wholesale market, currencies are quoted using five significant numbers, with the last placeholder called a point or a pip.

Forex Worldwide

There are plenty of self-selected experts online promoting their secret method to succeeding in the world of investing. A careful look at this market, however, reveals a tragic truth: These are the same old stories retold by hucksters looking to earn a buck. They jump on a particular stock that did well, they “reverse engineer” the trend line, they have their system ghostwritten, and then they promote “a forex training system like you’ve never seen before”.

Forex account type

GTL supports three different account types, Standard Accounts, Premium Accounts and Corporate Accounts. Clients are classified according to equity and net trading volume. Standard FX account holder can trade regular as well as mini contracts for Forex. One mini contact is 1/10th of a regular contract. So trader can tailor pip value of any FX pair as per his / her choice Likewise, to make a regular contract entering with 10 mini lots. Mini FX accounts have a lot size of 10,000 USD, and a default margin requirement of $50. The value of one pip, and therefore the scale of profit/loss potential, is 10 times smaller for Mini FX accounts than for Standard FX accounts.

- Minimum deposit: US$2,000 ($500 for Mini Forex accounts)
- 2-3 pip spreads on all major FX
- Interest-Free Account
- Aggressive spreads on all crosses / pairs
- Leverage up to 400:1
- One month Free SMS service of order execution
- $500 Bonus margin on introducing a new account of $5000 


Minimum deposit:$100,000 US
- Leverage up to 200:1
- Interest Free
- Free programming of automated trading strategies
- Free SMS service on 1000 lots in a month.
- Bonus $500 on 1000 traded lots in a month
- Free PDA mobile phone set (for online trading on mobile phone)
- $500 Bonus margin on introducing a new account of $5000 


- Minimum deposit:$500,000 US
- Leverage up to 100:1
- Interest Free
- Free programming of automated trading strategies
- Free SMS service on 1000 lots in a month.
- Bonus $500 on 1000 traded lots in a month
- Free PDA mobile phone set (for online trading on mobile phone)
- $500 Bonus margin on introducing a new account of $5000

Forex Definition

Forex is trading with foreign currency, stocks, and similar type of financial products. In forex trading, the currency of one country is weighed against the currency of another country to find out the value. The value of that foreign currency is taken into consideration when trading stocks on the forex market. Many countries have the control over the value of that country’s currency or money.

Most of the major banks, large businesses, governments and other financial institutions are involved in the forex market.

Stocks, bonds and mutual funds are the most popular asset classes and therefore get most of the market's attention, but there are other important investment opportunities every investor should know about as well, including options, futures, and currency. Although these investments are complex and usually intended for sophisticated investors, it's worth understanding what they are and how they operate in order to decide if they should play any role in your overall investment strategy

Forex News

- British Pound Declines Could Continue as UK CPI is Forecasted to Drop by Most in 7 Years
- Euro Falls Sharply as S&P Downgrades Spain’s Credit Rating, European Commission Forecasts Sharp Drop in Growth in 2009
- Canadian Dollar Outlook Depends Not on Bank of Canada’s Rate Decision, but Press Release Policy Bias

There are few fundamental themes that are so prominent that they can determine price action for the entire currency market; but one of those few happen to be risk appetite. However, with correlations wearing down and technicals filling out, a USDJPY range may represent a source of temporary stability for range traders.

US dollar and Japanese yen have been so strong, why the New Zealand dollar tumbled at the end of the US trading session, and which pieces of event risk may impact the British pound and Canadian dollar

Forex Club

 Forex Club offers two distinct trading platforms, one that features zero spreads (ExpressFX) and the other that features zero commissions (ClassicFX). ExpressFX features commission refunds on non-profitable trades, which means that you will only pay commissions for trades in the black. ClassicFX is a comprehensive trading station that features advanced tools, charts and indicators. Both platforms have guaranteed fills and allow position reversals and support trading with mini lots.

Forex trading and education

Whether you need ideas for a new strategy, to brush up on platform tools, or just to learn our platform for the first time, we have the resources you need at FOREX.com. Open a free forex practice account to test your knowledge with no risk or obligation, attend a webinar, or check our schedule for a forex workshop in your area.

Forex Research

Our award-winning research team brings you insights and tips, direct from our seasoned traders. Divided into weekly, daily and intraday research, we cover both fundamental and technical indicators. 

Our Intraday commentary includes FOREX Insider and the widely read Market Updates. Follow the market with our traders as they decode the market's movements, point out emerging chart patterns and analyze key data releases' impact on the currency markets, as they happen.

Trade forex with confidence

FXCM is one of the largest and well-capitalized forex brokers

* Over 100,000 live accounts trade through FXCM's trading platforms
* FXCM Holdings, LLC has over
US$100,000,000 in firm capital
* Regulated in the United States, Canada, the United Kingdom, and Hong Kong

Why Trade at FXCM

Trading Scenario-trading falling prices

If, on the other hand, you believe that the euro will weaken against the dollar, you'll want to sell EURUSD.

• You sell euro We quote EURUSD at a Bid price of 0.9875 and Ask price of 0.9880 and you decide to sell euro 100,000 at a Bid price of 0.9875.
• The market moves in your favour The euro weakens against the dollar and the EURUSD is now quoted at bid 0.9744 and ask 0.9749.
• Now you buy back your euro You buy EUR at an ask price of 0.9749.
• Your profit/loss is then Sell price-buy price x size of trade
(0.9875 minus 0.9749) multiplied by 100.000 = USD 1260 Profit
Remember that trading EUR 100,000 as we have done in our examples, does not mean that you have to put up euro 100,000 yourself. On a 2% margin means that you have to deposit 2.0% of euro 100,000, which is euro 2,000 on margin as a guarantee for the future performance of your position.

Foreign Exchange

This short introduction explains the basics of trading Forex online, a brief explanation of the markets and the major benefits of trading Forex online. There are also two scenarios describing the implications of trading in a bear as well as a bull market to better acquaint you with some of the risks and opportunities of the largest and most liquid market in the world.

If you want to win understand this!

Simple systems work best as they are more robust than complicated ones, with fewer elements to break and are ideal forex trading an odds based market such as forex.

This has been the case since trading began and all the computer geeks and mathematicians who try and beat the market learn a lesson as the market beats up and destroys their equity.

The markets don't reward you for being clever or having a complicated trading system, you get rewarded for being right with your trading signal - nothing more

I always find it highly amusing

I always find it highly amusing when I see the sales copy for many systems and how they proudly say the developer is a mathematician, or wiz kid at physics - big deal. It proves nothing and these people tend to be the worst traders as they think being clever gives them a right to win and it doesn't.

In forex trading all you need is a simple system, the confidence and discipline to follow it and you will probably beat any of the systems with fancy names, which are applied in the brutal world of forex trading and fail.

So forget advanced forecasting, stick with simple forecasting and you will find you will probably make a lot more money.

What is forex?

The FOREX (Foreign Exchange Market), is the international market, started in the 70's where currencies are bought and sold.

What currency is traded in forex market?

The item traded by Forex traders and investors are currency pairs. A currency pair is the exchange rate of one currency over another. The most popular currency pairs are:

USD/CHF: Swiss franc
GBP/USD: Pound
USD/CAD: Canadian dollar
USD/JPY: Yen
AUD/USD: Aussie
EUR/USD: Euro

The first currency of each currency pair is referred as the base currency, while second currency is referred as the counter or quote currency.

All currency pairs are quoted with a bid and ask price. The bid (always lower than the ask) is the price your broker is willing to buy at, thus the trader should sell at this price.

When dealing in forex

When dealing in Forex you will frequently hear the term pip. A pip is the minimum move a currency pair can make. Pip means price interest point. A move in the EUR/USD from 1.2545 to 1.2554 equals 9 pips.

The purpose of trading is to buy low and sell high. The foreign currency market FOREX is no different. The product traded are rates of currencies of different countries.

FOREX is a really unusual market

FOREX is a really unusual market for a variety of reasons. First, it is one of the few markets that it is free of any outside controls and that it cannot be manipulated. It is also the largest liquid financial market, with trade reaching between 1 and 1.7 trillion US dollars a day.

When this amount of money moves this fast, you can easily understand why a few investors would find it almost impossible to radically increase or decrease the price of a major currency.

The liquidity of the market means that unlike some stocks, traders are able to open and close positions within a few seconds as there are many buyers and sellers.

Margin Trading:

Margin trading refers to the leverage dollars given to the traders in the market.

One of the best features

One of the best features in Forex trading is that traders are able to trade foreign currencies with high margin.

In Forex, normal trade margins are 100:1 and 150:1, or even 200:1 trade margins. You get 1:1 margin for stock exchanges, 2:1 margin for equity trading, 15:1 margin for futures market. You can easily see how much more attractive Forex Trading is for the average trader.

Traders should be aware

This very attractive feature can also be dangerous. Traders should be very aware of the margin call and should always avoid them at all cost.

The typical broker will require a minimum account size, also known as account margin or initial margin. Once you have deposited your money you will then be able to trade. The broker will also specify how much they require per position (lot) traded.

There are many automatic trading systems available. Do your research!

If you want to succeed at forex trading

If you want to succeed at forex trading then you need to be able to answer the question in this article. If you can't answer it then you are going get wiped out by the markets so here it is...

What's your Trading edge (defined)

Now before you answer this question let me tell you what a trading edge is NOT:

- You have a day trading or forex scalping system

- You think you can predict forex prices

- You think forex moves to a scientific formula

- You have a simulated track record from a vendor you have bought

- You like to buy low and sell high

- You think you can trade expert opinion and news

- You think you are clever

- You think you have a complicated system that can beat the market

Most forex traders think the above will give them a trading edge - but believe any of the above and the market will take all your money and do it quickly.

Think about this simple fact:

Think about this simple fact:
95% of traders lose money in the market and you need to think what your edge is i.e why you should succeed while others fail.

Now let's be clear - anyone has the potential to be a successful forex trader yet few succeed. The reason most fail is they believe common myths like the ones on the above list, or they don't have the right mindset.

Successful Forex trading

Successful forex trading is built on three pillars:

- Knowledge and understanding and getting the right forex education

- Confidence in your method to make money longer term

- The discipline to follow your forex trading system through periods of drawdown to ultimate success

Your trading edge

Your trading edge is not just about a method, it's about having confidence in it, so you can have the discipline to apply it through drawdown and emerge a long term winner.

Forex trading is simple

Forex trading is simple and your method needs to be too.

A simple method works best because it is more robust in the face of brutal market conditions and has fewer elements to break than a complicated one. Furthermore, it will be easier to understand and have confidence in.

If you think

If you think that you need to be clever or put a lot of effort into your trading think again - you get rewarded for being right with your trading signal and market timing, nothing else. Sure in many jobs you get paid for effort but in forex trading it's all about being right.

So do you know what your trading edge is? If you don't and you can't define it, then its back to learning forex and your forex education until you do.

No stopping for GBP

Milestone in the currency market - No stopping for GBP Pound.Today the GBP/USD currency pair touched 2.0000 mark which means that 1 USD = 2 GBP.The expert team is not sure till when will this run of pound going to continue. When I look at the daily chart I find the currency pair to be in 5th Elliot wave which means that the run can stop any time. My guess is that it will run till 2.150 or where abouts.As per the hour chart the currency pair already has run 400 pips. So, I am not in favour of doing any trading at this point on this currency pair. No position or swing trading, nor even day trading.

Forex Trading using MACD

As I mentioned in one of my previous posts, MACD is one of the very powerful and widely used technical indicator. In fact it is one of the very common indicators used in most of the currency trading system. However, this indicator needs to be used very smartly. Thats because this is a lagging indicator, which means that it gives a trading confirmation after the event has already occured. However, it is more than useful. Still I have found that newbies are not able to understand how to use full advantage of this.

Forex trading at its best when technical indicators work as they shoulg

A trader of currency market gets a lot of pleasure when the technical indicator s/he has analysed works the way analysis said. So, when someone feels that the currency pair should bounce of a fibonacci level or should bounce from EMA, and if that happens, its terrific.The same happenned with AUD/USD. My analsis of this currency pair said that it should bounce from 200 EMA. Spot that happenned in forex day trading..I went in to trade as MACD also crossed up, and made 55 pips. Most of the times I use RSI as the trigger. But this time MACD turned out to be the trigerring indicator.However, still I maintain that the most volatile currency pair is GBP/USD followed by USD/CHF and EUR/USD. They respond to technical indicators very well

Importance of Fundamental announcements in currency trading markets

Just like a space craft going to be launched requires a fire thrust to launch into air, the same way the forex trading market requires the fuel of fundamental news and announcement. Many of the times you must have seen that market is range trading meas the currency pair price is bouncing between a support and resistance line..Though its a very profitable trading situation, still most of traders prefer to trade when forex market is in trending. This is true for swing trading and day forex trading across global.

Another Simple Trading Strategy

Trading using EMA and bollinger bandsMany a times when you are trading you,ll observe that market keeps moving in tight range..The candles on 5 min chart become smaller and smaller..If you draw bollinger bands on the chart, they will become tighter and tighter..This generally happens between 6 PM EST to 12 PM EST as the volatility is very low..One can take advantage when this happens using a particular forex day trading system. Since the market is in a tight range, a breakout will probably happen very soon..Learn this in forex trading onlineDuring breakout, the candlestick will break through upper or lower bollinger band..When that happens, you should get ready to place a trade whenever your confirming indicator confirms..

The EURO strength against USD in past few days

The EUR strength against USD in past few daysThe major talking points in past few days has been the breaking of 1.3000 level ofEUR/USD..The USD has shown significant weakness across the board..However, now the currency is retracing, thanks to some pro $$ fundamental announcements such as "Phily Fed" speech, pro NFP (Non Farm Payroll) news..

Which fundamental announce moves the market most

These fundamental announcements move the market the mostHello everyone...I came across this very interesting and very useful article which lists which fundamental announcements moves the forex trading market the most and how many pips does it move.So, definitly it will tell you when is the market expected to be most volatile for online forex trading. I have added this article to my favourites. You can do the same as well.

Another System for 1 minute chart.

Forex Day Trading System - Another System for 1 min. chartAs always I have said that for 1 min chart, the technical indicators are not very reliable.. However this system is more cool than others and the indicators this sytem uses is more reliable than others..Lets go through the system -As I have mentioned earlier that use this system for a profit targets of 5-7 pips after subtracting the pip spread.

Importance of Candlesticks

Forex Day Trading System - How much is the importance of candlesticks
Candlestick patterns are important and very important..When you look at a daily chart, the candlestick formations are very reliable..They point to hammer, hanging man, morning star, evening star and other formations very accurately..

Getting earning through Forex Trading

All account will be using a leverage of 200:1. Although the leverage is high, we will have hedging capabilities to help reduce the loss. We can earn in range of 10% to 50% (also applicable to loss) of the account in a month as will be shown in records that will be given to interested clients. The payment is 40% of the profit for every month. If there is no profit made, no payment will be ask. For example, with a standard account of USD5 000, and in that month, we earn 50% which is USD2 500. You will then have to pay us USD1 000, and you will receive USD1 500, and so, you will have USD6 500 in the account. But, the investors should know that loss can still be incurred, and there is no guarantee of profit. So, it is only advisable for people with extra cash to spend, and not people who uses all their savings just to open an account. Trading records for February and March will be given, with a signed agreement stating us as a broker for GCI Financial Ltd. The site is http://www.gcitrading.com All clients can monitor their account online, 24/7. The account there will be safe, and we can't withdraw the money that you have deposited there. We as the trader will be given a seperate account password to trade only, with no option to withdraw.

Best Earning through Forex Investment

Forex Day Trading - Why You Will Never Make Money Day TradingKelly Price Long term you won't make money if you try forex day trading, as you can never get the odds in your favor however more traders try day trading than perhaps any other method. Let's look at why it can never work - yet still remains so popular. Day trading doesn...This Article is About: Make Money Trading Money Make Over Make Money From Way To Make Money How to Make Money Trading Online: Easy Tips emaccenti There are many ways to make money through online trading. There is the obvious option of trading or selling possessions that you have. But if you want to make money without selling everything that you own, then you might be interested in online stock trading.O...This Article is About: Make Money TradingBest Way To Make Money Online Money Make Over Make Money From Want To Make Money? Try A Forex Trading System sfrom The internet if full of great money making opportunities, and one system that is not commonly considered by enough people is a forex trading system. These systems allow anyone to learn the ins and outs of trading online using the foreign exchange and potentially m...This Article is About: Make Money Trading Money Make Over Make Money From Way To Make Money

Forex Tools

The presented Forex tools can assist you both in technical analysis and money management which will greatly enhance your trading results. All these online Forex tools are totally free and can be used at no cost:
MT4 Expert Advisors
MT4 Forex Indicators
Pip Value Calculator
Fibonacci Calculator

How To Make Money Through Online Currency Trading

Do you have any idea that in our world today, the biggest business is currency trading. There are over three trillion dollars worth of transactions that take place everyday in the currency market and online currency trading is now available to everyone.
In currency market, everything is fast moving and very unstable. You can win a fortunes in a blink of an eye or you can loose everything. Now that is not to say that currency trading is a get rich plan. Although, it is like any other investment but it is much more different than the stock market. If you are going to be involved in online currency trading, you must know what you are getting into.
The currency market is an informal, unlike the formal stock exchange. In currency market, dealers buy and sell currencies in order to earn a profit. It is also a 24-hour a day market because the major traders in this market which are the banks, are always open at some place in the world.
If you are very interested to start investing in online currency trading, first you are required to open an account with one of the many reputable firms that you will find on the Internet. Usually you deposit funds into your account and then you can start buying or selling Japanese Yen, Swiss Francs, British Pounds or the Euro. However, I would not suggest a beginner to proceed with online currency trading to try earning money in any other of the currencies that might be ready in use for trading.

Why should I learn Forex currency trading?

By reaching to our website, I think you are already aware that Forex trading is a good way to make money at home. More over, I bet you knew someone, or would have heard of someone, who's already making tons of good money in FX trading.
But what you wouldn't know is that 7 out of 10 traders keep losing money in Forex market! That's right, 70% of individual FX traders keep losing their hard-earned money in the market; while the rest of the 30% work freely at home and earn millions annually)
Wonder what differs between the losing 70% and the winning 30%? Forex trading skills and the trading system! If you want to work less than 20 hours a day at home, if you want to make millions by trading freely at home, if you want to have financial freedom by trading Forex; you better LEARN Forex trading before you start trading Forex. Forex market is definitely not a game for newbie and you need to brush up your skills before getting your hands wet.

Where do you start if you want to learn currency trading?

A world-wide market established to facilitate the buying and selling of currency, the Forex market involves large organizations, such as central governments, commercial companies and international commercial banks as well as smaller players such as brokerage houses and individual brokers.
There is no set location for the market (although there are major trading centers around the world in a number of cities such as London, Frankfurt, New York and Tokyo) but it is essentially an 'over-the-counter' market with the vast majority of trading being conducted by telephone and on the internet.
The exchange of currencies is a central element in supporting global trade and, as the major currencies such as the US dollar (USD), the British pound (GBP), the Euro (EUR), the Japanes yen (JPY) and others move against each other and the foreign currency exchange rate for any given pair of currencies changes, there is the opportunity to make money from currency exchanges.

How To Make Money Through Online Currency Trading

Do you have any idea that in our world today, the biggest business is currency trading. There are over three trillion dollars worth of transactions that take place everyday in the currency market and online currency trading is now available to everyone.In currency market, everything is fast moving and very unstable. You can win a fortunes in a blink of an eye or you can loose everything. Now that is not to say that currency trading is a get rich plan. Although, it is like any other investment but it is much more different than the stock market. If you are going to be involved in online currency trading, you must know what you are getting into.The currency market is an informal, unlike the formal stock exchange. In currency market, dealers buy and sell currencies in order to earn a profit. It is also a 24-hour a day market because the major traders in this market which are the banks, are always open at some place in the world.If you are very interested to start investing in online currency trading, first you are required to open an account with one of the many reputable firms that you will find on the Internet. Usually you deposit funds into your account and then you can start buying or selling Japanese Yen, Swiss Francs, British Pounds or the Euro. However, I would not suggest a beginner to proceed with online currency trading to try earning money in any other of the currencies that might be ready in use for tradin

Forex Trading Weekly Forecast - 11.17.08

US Dollar Strength May Be Tempered By Near-Term ResistanceEuro Forecast Dims on Euro Zone Recession Fears, Dow TumblesJapanese Yen May Rally Through GDP Numbers On Carry FlowsBritish Pound Could Forge New Lows As Rate And Growth Outlook FailThe Swiss Franc At Major Support Levels, Is A Retrace In Store?Canadian Dollar Sinks Further Against US Dollar on S&P TumblesAustralian Dollar Looks to G-20 Summit, Risk Trends for Direction CuesNew Zealand Dollar To Test October Lows As Carry Demand Stalls
Full Article

Daily Forex Commentary November 17

Daily Forex Commentary November 17IBTimes Australia, Australia - 10 hours ago... with today's Q3 Retail Trade indicators and Tuesday's RBA minutes from the meeting earlier in the month where the central bank cut rates by more than ...

Today's Forex Strategy

Stocks stepped away from the brink in the US once again, triggering a desperate short squeeze on long JPY and USD positions

Move may mostly reflect nervousness ahead of weekend's G20 meeting. US Retail Sales for October could etch new historical low.
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Beginners: Learn How To Trade Forex

The mission of Global-View from its start well over a decade ago has been to support forex traders of all experience levels ranging from the novice to the experienced trading professional. To learn how to tradeSTART HERE at the FREE Global-View Learning Center. The centerpiece of the learn-how-to-trade Learning Center is the interactive one-on-one free trading education by experts and members of the global-view community.

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Renewed Volatility Recharges Australian And New Zealand Dollar Breakout Potential

Congestion over the first half of this month has not sat well with the Australian and New Zealand dollar crosses. With underlying volatility still extraordinarily high and interest rate - as well as growth - expectations deteriorating rapidly, these high yielding currencies threaten to revive momentum and trends at any moment. See what our DailyFX Analysts expect in terms of activity and direction from these unpredictable currencies. Questions about these picks? Visit theDailyFX forum for a Q&A with the Analysts.

Featured Analysis by Black Swan

Currency CurrentsCommenting on Bank of England Governor Kings recent utterances, Bloomberg shared this story today:Nov. 12 (Bloomberg) ``We are certainly prepared to cut bank rate if that proves to be necessary'' to hit the central bank's 2 percent inflation target, said King at a press conference in London. He indicated the central bank would be prepared to push its benchmark to zero if necessary. Inflation will fall ``well below'' the bank's goal from the middle of 2009 and gross domestic product will contract by an annual 1.8 percent in the first three months of the year, forecasts by the Read more

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FOREX-Dollar, yen rises on weak data, equities Reuters UK Today
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Trade Forex with Confidence

FXCM is one of the largest and well-capitalized forex brokers
Over 100,000 live accounts trade through FXCM's trading platforms
FXCM Holdings, LLC has over US$100,000,000 in firm capital
Regulated in the United States, Canada, the United Kingdom, and Hong Kong
Why Trade at FXCM

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Larry Levin Generated $1,900,336.82 Trading The Futures Markets. Click Here To Find Out How.
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The Federal Reserve Bank of New York carries out foreign exchange-related activities on behalf of the Federal Reserve System and the U.S. Treasury. In this capacity, the Bank monitors and analyzes global financial market developments, manages the U.S. foreign currency reserves, and from time to time intervenes in the foreign exchange market. The Bank also executes foreign exchange transactions on behalf of customers. More ››

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OANDA provides currency data services for your office or corporate website. The FXP Data Feed is an efficient and reliable service to access daily exchange rate details.

International Money Transfers

FXGlobalTransfer is a convenient and secure way to send money around the world with the same low rates you get with all OANDA products. Unlike other money transfer services that hide their fees in high spreads, FXGlobalTransfer shows you exactly what you're paying

FXConverter - Currency Converter for 164 Currencies

FXConverter is a multilingual currency converter for over 164 currencies and 3 metals. It uses daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.

FOREX Trading Advantages

High Liquidity

The Forex market is the most liquid market in the world. The daily trading volume is US$ 3.2 trillion. That gives the trader an unparalleled freedom to buy or sell a position. You can exit your position at will any time you wish without barriers or limitations.


24 Hour Trading

You can trade the Forex market effectively 24 hours a day. Compare it to the stock market! At any moment during the 24 hours there will be Forex traders somewhere in the world actively selling or buying. You can respond to any breaking news immediately.


Small Margin / High Leverage

You can control a position with a 1% margin or less. It means you can buy or sell US$10 000 worth of currencies with only a US$ 100 margin deposit using leverage 1:100. It gives you the possibility to make extraordinary profits. Depending on the agreement with your broker you can get even a higher leverage, typically up to 1:400.


Commission Free Trading

The Forex brokers have no commission charges. They compensate for their services through the bid/ask spread that is typically less than 0.1% (10 points or pips).


Unrestricted Short Selling

Since you are always selling one currency and buying another one simultaneously, there is no bias to the market. It is equally easy to buy a currency pair as it is to short sell it.


Nobody Can Manipulate the Market

The immense volume of the daily Forex trade makes it practically impossible for anybody, including any central bank, to effectively manipulate the market prices.
Investors at all levels can easily access the Forex Market through the Internet. You can execute your trades instantaneously off the real time streaming prices seen on your monitor.

Forex Trading - A Potential Home Business?

Many people are interested in forex trading and ask themselves if it's possible to trade for a living and have it be their main source of income, or should I say thier home business.
In short the answer is yes. In fact I've personally done it myself. Having taught in the public school system for more than 3 years and having left that in the past to work full-time at home as an active trader the rewards have been wonderful.
However, trading for a living is like anything else, it involves work and time committment. I see far too many people getting involved in trading who do not properly educate themselves first and openly tell people I spent nearly five thousand dollars on systems and education that I probably could have saved had I known then what I know now.
What I didn't realize is that just because a forex system that claims to have all the right tools for one thousand dollars, five hundred dollars or whatever the case may be doesn't mean it's the best possible information or even best system out there, in fact it's more than likely the same information is avaliable in a cheap fifty nine dollar ebook, and that's the truth!
I did run into some quality mentorship programs and systems, not all were complete junk and believe it or not the best information was the cheapest.
If planning to take forex trading to the next level and running it as a potential business, my advice is to do your research and properly educate yourself on the subject matter. Set aside a specific time each day that you will dedicate to your eduation and of course your trading. If done correctly and with discipline, forex trading can turn into a profitable home busienss for those with the right mind-set and eduction.