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Thursday, February 14, 2008

Currency Trading

Forex trading online is a fast way to use your investment capital to
it’s fullest. The Forex markets offer distinct advantages to the
small and large traders alike, making Forex currency trading in many
ways preferable to other markets such as stocks, options or
traditional futures. Here are many reasons why you’ll want to look
into Forex Trading online.
1 - Forex is the largest market.Forex trading volume of more than 1.9 billion, more than 3 times
larger than the equities market and more than 5 times bigger than
futures, give Forex traders nearly unlimited liquidity and
flexibility.
2 - Forex never sleeps!You can execute forex trading online 24/7, from 7AM New Zealand time
on Monday morning, to 5PM New York time on Friday evening. No waiting
for markets to open: they’re open all night! This makes Forex trading
online a very attractive component that fits easily into your day (or
night!)
3 - No Bulls or Bears!Because Forex trading online involves the buying of one currency
while simultaneously selling another, you have an equal opportunity
for profit no matter which direction the currency is headed. Another
advantage is that there are only around 14 pairs of currencies to
trade, as opposed to many thousands of stocks, options and futures.
4 - Forex trading online is commission free!That’s right! No commissions, no exchange fees or any other hidden
fees. This is a very transparent market, and you’ll find it very easy
to research the currencies and the countries involved. Forex brokers
make a small percentage of the bid/ask spread, and that’s it. No
longer any need to compute commissions and fees when executing a
trade.
5 - Forex trading online is instant!The FX market is astoundingly fast! Your orders are executed, filled
and confirmed usually within 1-2 seconds. Since this is all done
electronically with no humans involved, there is little to slow it
down!
Forex trading online can get you where you want to go quicker and
more profitably than any other form of trading. Check it out and see
what Forex trading online can do for you!

what exactly is forex ..?
The currency trading or foreign exchange, Forex, FX market is the biggest and one of the fastest growing market in the world. with daily turnover of almost 3 trillion dollars the participants in the market are central and commercial banks, institutional investors, corporates and private individuals like you.

How currencies are traded..?
In forex market, currencies of various countries are traded. for example you might buy euro with us dollar, or you might sell canadian dollars for japanese yen. its as basic as trading one currency for another. here you dont have to purchase or sell actual, physical currency, you trade and work with your own base currency and deal with any currency pair you wish to.



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