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AmerCable Incorporated


 

Articles - Currency Trading - Forex

 

The currency trading (FOREX) market is the biggest and fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you. (click here to read full market background by Easy-Forex™).

Markets are places to trade goods, and the same goes with FOREX. The Forex goods are the currencies of various countries (as well as GOLD and SILVER). You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That’s all. By the way, you don’t have to physically purchase a currency, in order to “buy” with it the other currency. You just trade and work with your own single base currency, in any deal of currency pair that you wish to perform.

Obviously, buy cheap and sell for more! The profit potential comes from the fluctuations (changes) in the currency exchange market. The nice thing about the FOREX market, is that regular daily fluctuations, say – around 1%, are multiplied by 100! (in general, Easy-Forex™ offers trading ratios from 1:50 to 1:200).

The ratio, in which you can trade your Forex deals, is called “Leverage”. You buy a Forex contract of, say, $100000, for a margin of only $1000 (1:100 ratio). This is all that you invest and risk.

You cannot lose more than your “margin” (your initial investment)! You may profit unlimited amounts, but you never lose more than what you initially risked. However, we strongly recommend that you risk only what you can afford and is not vital for your well-being.
Register (you have registered already… in case you forgot your password, please contact us); deposit your first trading “margin” amount (credit cards, PayPal, Western Union - are welcome, only by Easy-Forex™); start trading.
Online, from anywhere, anytime. You have full control to monitor your trading status, check scenarios, change some terms in your Forex deals, or close deals.
Want to get on-line training? Contact us (no obligation), we’ll be glad to support you, every step of the way.

Looking forward to having you on board,
The Easy-Forex™ Trading Platform team

 

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