The (Foreign Exchange) Forex Trading Market Explained.
 

How to Get Started In FOREX Trading

You may have been hearing about the foreign exchange market (FOREX) and the investment advantages it offers.  You would like to try it out, but don't know where to start.  This short guide will give you the basics in FOREX and tell you what you need to participate in this fast growing field.

Foreign exchange used to be limited to large players such as national banks and multi-national corporations.  In the 1980's the rules were revised to allow smaller investors to participate using margin accounts.  Margin accounts are the reason why FOREX trading has become so popular. With a 100:1 margin account, you can control $100,000 with a $1,000 investment.

a

FOREX is not simple, however, and education is needed to make wise investment decisions.  Although it is relatively easy to start trading on the FOREX, there are risks involved, so finding out as much as possible about the market is a good move for any beginner.

FOREX traders usually require a broker to handle transactions.  Most brokers are reputable and are associated with large financial institutions such as banks.  A reputable broker will be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.

Opening a FOREX account is as simple as filling out a form and providing the necessary ID.  The form will include a margin agreement that states that the broker can interfere with any trade it deems to be too risky.  This is to protect the interests of the broker – most trades, after all, are done using the broker's money.  Once your account has been established, you can fund it and begin trading.

Many brokers have different types of accounts to suit the needs of individual investors.  Mini accounts allow you to get involved in FOREX trading for as little as $250, while standard accounts may have a minimum deposit of $1000 to $2500 depending on the broker.  The amount of leverage – using borrowed money – varies with accounts.  High leverage gives you more money to trade for a given investment.

HOWEVER – beginner traders are advised get accustomed to FOREX by doing paper trades for a period of time.  Paper trades are practice transactions that don't involve real capital.  They allow you to see how the system works while learning how to use the various software tools that are at provided by most FOREX brokers.

Most online brokers have demo accounts that allow you to make free paper trades for up to 30 days.  Every new FOREX investor is strongly advised to use these demo accounts at least until they are showing consistently steady profits. 

Each broker has their own set of software tools to aid in making transactions, but there are a few tools that are common to all FOREX brokers.  Real time quotes, news feeds, technical analyses and charts, and profit and loss analyses are some of the features you should expect to see on most online brokers' web sites. 

Almost every broker operates on the Internet.  To access their online services you should have a reasonably modern computer, a fast Internet connection, and an up-to-date operating system such as Windows XP.  Once your account is set up, you can access it from any computer – just enter your account name and password.  If for some reason you are not able get access to a computer, most brokers will allow you to make trades over the phone.

Trades are commission free, meaning that you can make many trades in one day without worrying about incurring high brokerage fees.  Brokers make their money on the 'spread' – the difference between bid and ask prices.

Google

 

 

Profitable Trends Forex System

Imagine having a trading system that pulls massive profits for you every single day ....

Now, a veteran trader reveals his exact system for trading any market successfully.

Learn how to use his system and get the same amazing results that he achieved:

Discover How You Too Can Achieve This Here

* Why you don't need to predict anything to make money on the markets !

* How you can identify each day's hottest trades and exploit them !

* How to take advantage of big trends and ride them until the end !

* How to make more than 600 pips a month spending as little as 2 minutes a day!

Introduction to Online Forex Trading
Current Forex Currency Rates
Forex Trading
How to Get Started In FOREX Trading
FOREX versus Futures Market
FOREX versus Stocks
FOREX Trading Philosophy
FOREX Tools
Fundamental Analysis In Forex Trading
Forex Technical Analysis - Part 1
Forex Technical Analysis - Part 2
FOREX Trading Strategies
Trading Currencies on Margin
Currency Option Marketplace
FOREX Signals
How to Read FOREX Quotes
Calculating FOREX Profits and Losses
Risks of FOREX Trading
FOREX Training
FOREX Trading Software
FOREX Brokers
FOREX Glossary
Forex Updates and Training
Crash Course in Forex Education
How to Recognize Patterns in Forex Trading Markets
Defining Exotic Currencies and Their Impact on Forex Markets
Defining Trading Trend and Ranges in Forex Trading
Mind Games – The Psychology of Forex Market Trading
Crossing Currency - What’s This Mean to Forex Traders
Money Management Basics for Forex Traders
Choosing Your Forex Broker
Expensive Beginner Forex Trader Mistakes
The Elliott Wave Theory for Forex Markets
Failsafe Facts to Guarantee Failure in Forex Trading
Five No Nonsense Strategies in Forex Trading
Global Expansion and It’s Reaches within the Forex Market
Hedging in the Forex Market
The Important Ways to Keep From Losing in the Forex Markets
An Overview of the Euro’s Performance in the Forex Markets
Six Trading Tips for the Forex Newbie
The Lowdown on Day Trading
Interpreting How Interest Rates Drive the Foreign Exchange Markets
The Basics of the Bollinger Band Technical Indicator in Forex Markets
Relative Strength Analysis in Forex Trading
The Basics on Understanding Forex Options
Forex Charts – What Are They and How Do You Read Them
Interpreting the Future of the Oil Marketplace and How It Affects Forex Trading
Top Five Economic Indicators that Drive Forex Trading
Rules for Trading in Forex Markets
How Does the Japanese Yen Stack Up Against the US Dollar in Forex Markets
Pivot Points in Forex
The Ins and Outs of Trying Out a Forex Demo Account
The Top Currencies to Watch in the Forex Trading Game
Defining Moments Regarding Trading Trends and Ranges with Forex
Top Ten Basic Terms in Forex Trading and Their Definitions
Forex Folklore Investment Myths in the Market
Five Economic Driving Forces that Influence Forex Trading
Day Trading All You Wish You Did Not Have to Know
Time line for Daily Forex Trading When are the Optimum Moments
Forex Relative Strength Analysis
How Forex Quotes Can Influence your Trading Tactics
Forex Market RSS Feed
FOREX Links
Privacy Statement
Contact Info
Site Map

[Valid RSS]

 

Institutional Forex Course  

"If you insist on trading forex, I will show you 3 trades that will make you 10-30% every month with 93.3% accuracy"

  • Small Initial Investment - Learn 3 trades that can take $300 and turn it into thousands of dollars every month. Anyone can do this.
  • Inside Information - Learn exactly how institutions play the major financial news reports every month. You will learn how the professionals always seem to know which direction the market is going to move before major financial news comes out and why individual traders are caught on the losing side. This course levels the playing field for average investors. 93.3% accurate!

    Review This System Here