Minggu, 15 Agustus 2010

what is forex?

        Foreign Exchange (forex), otherwise known as foreign exchange (forex) is one of the favorite choices for netters to work / invest online in the Internet. Working = if you are running alone, Investment = if you submit work to a forex fund manager / trader you. Forex Trading is trading foreign currency exchange rates on international money markets.         The forex market is the largest financial market in the world, larger than stock, options, futures. Who do forex transactions? conducting transactions in the forex market are: the governments in the world, the world's major banks, international companies, hedge funds, currency speculators and individuals. So, with the number of players in the forex market is causing a very rapid turnover. Transactions that occurred more than 1.9 trillion U.S. dollars every day, so making money can be transferred from one place to another in just a few seconds.
        The players can do forex trading by using the service brokers (commission house) or do it yourself online through the Internet. Forex trading has some advantages compared to trade other financial products such as trading stocks, namely:
24 Hours Trading Can be done 24 hours a day, five days a week, whenever and wherever we are. 24 hours of continuous running non-stop: Starting from New Zealand & Australia time hours 05:00 to 14:00 am, continued into Asian markets, namely Japan, Hong Kong & Singapore hour 7:00 to 4:00 p.m. pm, to European markets namely Germany and the UK at 1:00 p.m. to 22:00 pm, until to the American market hours 20:30 to 10:30 hrs.
All world currencies are common and have high selling power. Example: USDollar, Yen, Euro, Francs, Pounds Sterling. (EUR / USD, GBP / USD, USD / JPY, USD / CHF). and others. Then how to process the transaction? and what a Buy / Sell in the foreign exchange market? in foreign currency exchange (forex) is you can buy or sell currencies traded. Objectively is to gain profit or advantage of position you are doing transactions.
FOREX transactions are all done by your own you online via the internet (could be at home, cafes, hotels, cafes, cars, via PDAs, etc.)
Liquidity Very liquid with a number of broker / dealers who play in the forex market.
Low transaction costs Brokerage commissions are relatively small, even for online trading through the internet but there are no transaction fees are only charged for the amount of which varies. Also spreads are also small.
Potential gains two directions (up or down) Having a good profit potential in a stronger currency and the currency weakens.
Margin Trading Trading on margin to make the purchasing power of investors exceeds the amount of capital owned

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