In General About Forex-for Beginers
WHAT IS FOREX? WHAT DOES IT MEAN?The marketThe currency trading (FOREX) market is one of the biggest and fastest growing market on earth, with its daily turnover more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you. The goods (merchandise)Markets are places to trade goods, and FOREX is the same. The Forex goods are the currencies of various countries. You buy Euro, paying with Australian dollars, or you sell British pound for Canadian dollars. That's all.How can I profit in Forex?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).How risky is Forex trading?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, risk only what you can afford to lose and it is not vital for you or for your family.How can I start trading?Register (Easy-Forex™ offers the simplest and quickest registration process, no obligation); deposit your first trading "margin" amount (credit cards are welcome, only by Easy-Forex™); start trading.How do I monitor my Forex trading?Online, no mather where you are, anytime. You have full control to monitor status, check scenarios, change some terms in the deal, or close the deal.Want to know more? Are you beginner and you need an on-line training? Register here (quick, without obligation), we'll be glad to guide you, every step of the way and provide you any learning material.