Tuesday, September 11, 2012

A bit about Currency Trading


What Is Forex?Although it doesn't get as much media attention as the stocks or bonds markets, the foreign exchange market (or "forex" for short) is the biggest financial market in the world, with over $4 trillion worth of transactions occurring every day. Simply, forex is the market in which currencies, or money, are traded. The forex market allows you to buy and sell money.

There is no one-stop shop for buying and selling currencies; trade is conducted through a lot of individual dealers or financial centers. The forex market is open 24 hours a day, five days a week, and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Z├╝rich, Frankfurt, Hong Kong, Singapore, Paris and Sydney. This means, at any time during the day you can find a financial center that is buying and selling currencies.


With the constantly improving technology for trading, dealing in currencies is now more accessible than ever. In the past, the foreign exchange market was the domain of government, or companies with a lot of money. However, with the wide spread access to the internet, firms now offer any average Joe the ability to open accounts to trade currencies. All you really need, in terms of hardware to get started, is a computer and access to the internet.

Read more: http://www.investopedia.com/walkthrough/forex/getting-started/default.aspx#ixzz267FHHQeQ

Sponsored by:
Concrete Imprint Malaysia
https://www.facebook.com/ConcreteImprintMalaysia

1 comment:

  1. Hi there,

    My name is Andrew, I’m a Partner Manager for Instaforex Groups - International Forex broker.

    I was hoping to speak with you about potentially working together in some capacity.

    We have an exciting opportunity here at Instaforex company for a highly innovative partnership within online trading that we’d love to discuss with your company. As well as learning more about your market position and key drivers, I’d like to provide you with some insights into how we do things differently as the best broker in Asia.

    I believe our wide range of services and mass global clientele has the potential to drive InstaForex forward and provide you with a greater share of the market.

    It would be a pleasure to discuss this with you reach me on this email fahmi@asia2.instaforex.com

    Sincerely yours

    Andrew Poulet

    Partner Relations Department
    InstaForex Group
    https://www.instaforex.com
    Skype ID : andrew.partners.ifx
    InstaForex Partners Facebook Page
    InstaForex Partners Google+
    InstaForex Partners Twitter

    ReplyDelete