【實用財經app】Forex For Beginners|最夯免費app

The Forex market has a daily volume of over $4 trillion per day, dwarfing the volume of

the equity and futures markets combined. Thousands of people, all over the world, are

trading Forex and making tons of money. Why not you?

All you need to start trading Forex is a computer and an Internet connection. You can

do it from the comfort of your home, in your spare time without leaving your day job.

And you don't need a large sum of money to start, you can trade initially with a minimal

sum, or better off, you can start practicing with a demo account without the need to

deposit any money

Foreign exchange, popularly known as 'Forex' or 'FX', is the trade of a single currency

for another at a decided trade price on the over-the-counter (OTC) marketplace. Forex

is definitely the world's most traded market, having an average turnover of more than

US$4 trillion each day.

Compare this to the New York Stock Exchange, that has a daily turnover of about

US$70 billion and it is very obvious how the Forex market is definitely the largest

financial market on the globe.

In essence, Forex currency trading is the act of simultaneously purchasing one foreign

currency whilst selling another, mainly for the purpose of speculation. Foreign currency

values increase (appreciate) and drop (depreciate) towards one another as a result of

variety of factors such as economics and geopolitics. The normal objective of FX traders

is to make money from these types of changes in the value of one foreign currency

against another by actively speculating on which way foreign exchange rates are likely

to turn in the future.

In contrast to the majority of financial markets, the OTC (over-the-counter) currency

markets does not have any physical place or main exchange and trades 24-hours every

day via a worldwide system of companies, financial institutions and individuals. Because

of this, currency rates are continuously rising and falling in value towards one another,

providing numerous trading choices.

One of the important elements regarding Forex's popularity is the fact that currency

trading markets usually are available 24-hours a day from Sunday evening right through

to Friday night. Buying and selling follows the clock, beginning on Monday morning in

Wellington, New Zealand, moving on to Asian trade spearheaded from Tokyo and

Singapore, ahead of going to London and concluding on Friday evening in New York.

The fact that prices are available to deal 24-hours daily makes certain that price

gapping (whenever a price leaps from one level to another with no trading between) is

less and makes sure that traders could take a position each time they desire,

irrespective of time, even though in reality there are particular 'lull' occasions when

volumes tend to be below their daily average which could widen market spreads.

Forex is a leveraged (or margined) item, which means that you are simply required to

put in a small percentage of the full value of your position to set a foreign exchange

trade. Because of this, the chance of profit, or loss, from your primary money outlay is

considerably greater than in conventional trading.

Check out this app everything related to the Forex market and prepare to make money from the comfort of your home!

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