Online foreign currency (Forex) trading is available through most Forex brokers. Brokers will usually offer you a choice of trading with a web based application or a desktop application that is installed on your computer.
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Trading Foreign Currency Online
Posted
March 8th, 2008 by
Jon
Posted in Forex Brokers, Forex Training | No Comments »
Trading Forex With A Mini Account
Most popular Forex brokers offer Forex mini trading accounts. Mini accounts are great for traders new to the Forex market and for those who have limited funds. Forex mini accounts can be opened with as little as $250, whereas standard accounts generally require $2,500.
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Posted
March 4th, 2008 by
Jon
Posted in Forex Brokers, Forex Training | No Comments »
Free Forex Charts At Daily FX
The best way to access free Forex charts is to open a currency trading demo account with a Forex broker. Most Forex brokers have their own trading platform you can access the charts from and many also offer their data feed through the popular platform MetaTrader 4.
If you just want to have a look at what a currency has been doing but you don’t necessarily want to start trading Forex Daily FX offers free Forex charts.
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Posted
March 3rd, 2008 by
Jon
Posted in Forex Brokers, Forex Training | No Comments »
What is Currency Trading?
Currency trading on the Foreign Exchange (Forex) market is the simultaneous buying of one currency and selling of another one. The currency pair used for the trade is called a cross. The most commonly traded currencies are referred to as the “majors”, these are; EUR/USD, USD/JPY, USD/CHF and GBP/USD.
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Posted
February 28th, 2008 by
Jon
Posted in Forex Training | No Comments »
An Introduction To Forex
With the increasingly widespread use of the internet, foreign currency trading has never been more accessible to investors. The participation of large international corporations, hedge funds and banks makes the foreign currency (Forex) market the most highly traded and most liquid market in the world. The Forex market is open 24 hours a day, 5 days a week, with more than $1.4 trillion dollars changing hands every day.
This tremendous liquidity together with the availability of different currency pairs can result in a high level of volatility on a day-to-day basis. Forex markets are also highly affected by financial news releases which are relatively frequent and can bring about huge swings in the value of a currency. These fluctuations in price give traders opportunity to profit. Forex markets offer investors the ability to profit in both rising and falling markets. With a wide range of instruments to trade and highly leveraged trading, it is possible to begin trading Forex with a very small account.
Most of the instruments traded on the Forex market have a minimum trade size, calculated on the base currency, a common minimum trade size is 100,000 units, for this reason the use of leverage is essential for traders. Many Forex brokers offer mini accounts, where traders are able to place trades with a minimum size of 10,000 units.
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Posted
February 15th, 2008 by
Jon
Posted in Forex Training | No Comments »
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