Forex First Touch
Forex Introduction
Forex stands for Foreign Exchange, the trading of foreign currency exchange. It is also known as FX. Forex a financial entity the largest in the world with transactions exceeding $ 3.5 trillion a day!.
Forex transactions involves where we buy a currency and sell a currency other. Currency (currency pair) is trading through brokers in the form of pair (pair) for example British Pound to U.S. Dollar (GBP / USD).
Foreign exchange (forex or foreign exchange) occurs when a currency changed to another currency. It is a type of trade / sale and purchase transaction activity between the currency markets that involve the major currencies in the world for the last 24 hours continuously. Is the world's largest market where it involves money transactions of $ 2 trillion on the day the market opened.
Currency that is divided into 2 major and minor (minor). Home is the most frequently traded currency of USD, EUR, GBP, CHF, JPY, AUD and CAD. Small is the currency in other major currencies and the NZD SGD, which also traded but not a large scale.
In the foreign exchange market, currency pairs traded. It traded in pairs because the trade must have purchase and sale. For example pair EUR / USD if you buy this pair means we buy EUR (Euro) and sell USD (U.S. dollar).
Forex is one of the most popular investment because the benefits of high returns. Profits can reach up to 100% within a few days. Due to the fast movement, not denied forex also high risk for loss if you do not have enough knowledge.
FOREX (Foreign Exchange) or more familiar with the transaction currency and is also called the spot market or FX is a type of trade / currency transactions related to a country's currency against other countries that involve major money markets in the world for 24 hours berterusan.Pertukaran in currency involving approximately 4000 banks from around the world.
Forex market movements from Australia & New Zealand market which, directly to the Japanese market Asia Singapore & Hongkong, Europe, namely Germany to market to the American market.
In the development history, Central banks of countries belonging to the proposal of foreign currency that can be defeated by even the largest power market forex free.
According to the study BIS (Bank for International Settlement the central bank), which
done at the end of 2004, forex market transaction value reached more than USD $ 1.4 Trillion per day and daily transactions at the time this involves 4 trillion U.S. Dollar.
Thus, the prospects for investing in forex trading is very good since Forex is open to small investors since 1996.
FOREX has also become the most popular alternative keranaa ROI (Return On Investment) and the profit will be flat-jana than other flat trade in general (usually revolve around a flat-rated return of more than 5% - 10% per month, can achieve even more of 100% per month for professional traders).
Due to the fast movement, then FOREX also have a high risk when you do not have enough knowledge and good financial management.
There are no headquarters or a specific location to do transactions and currency exchange at this time all the transaction and exchange transaction is done online through the Internet with the development of technology.
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