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Online Forex
selenaprityDate: Monday, 14.09.2015, 08:27 | Message # 1
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What is Forex?

Forex, TradingForex, Online Forex Trading, Forex Currency

FOREX — the foreignexchange market or currency market or Forex isthe market where one currency is traded for another. It is one of the largest
markets in the world.
Some of the participants inthis market are simply seeking to exchange a foreign currency fortheir own, like multinational corporations, which must pay wages and other
expenses in different nations than they sell products in. However, a large part
of the market is made up of currency traders, who speculate on movements in
exchange rates, much like others would speculate on movements of stock prices.
Currency traders try to take advantage of even small fluctuations in exchange
rates.
In the foreign exchangemarket there is little or no 'inside information'. Exchange rate fluctuations
are usually caused by actual monetary flows as well as anticipations on global
macroeconomic conditions. Significant news is released publicly so, at least in
theory, everyone in the world receives the same news at the same time.
Forex,
also known as foreign exchange or FX, is the simultaneous buying of one
currency while selling another. The forex market is available 24 hours a day,
five days a week and it’s one of the largest, most liquid financial markets in
the world. Just to compare, the New York Stock Exchange makes about $169
billion a day in volume and the Forex Market makes over $5 trillion a day in
volume.
Currencies are tradedagainst one another. Each pair of currencies thus constitutes an individual
product and is traditionally noted XXX/YYY, where YYY is the ISO 4217
international three-letter code of the currency into which the price of one
unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro
expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futuresexchange, foreign exchange is indeed an interbank, over-the-counter (OTC)
market, which means there is no single universal exchange for specific currency
pair. The foreign exchange market operates 24 hours per day throughout the week
between individuals with Forex brokerswith banks, and banks with banks. If the European session is ended the Asian
session or US session will start, so all world currencies can be continually in
trade. Traders can react to news when it breaks, rather than waiting for the
market to open, as is the case with most other markets.
Average daily internationalforeign exchange trading volume was $5.3 trillion in April 2013 according to
the BIS triennial report
Like any market there isa bid/offer spread (difference between buying price andselling price). On major currency crosses, the difference between the price at
which a market maker will sell ("ask", or "offer") to a
wholesale customer and the price at which the same market-maker will buy
("bid") from the same wholesale customer is minimal, usually only 1
or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So
the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does notapply to retail customers. Most individual currency speculators will trade
using a broker which will typically have a spread marked up to say 3-20 pips
(so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their
clients often-huge amounts of margin, thereby facilitating clients spending
more money on the bid/ask spread. The brokers are not regulated by the U.S.
Securities and Exchange Commission (since they do not sell securities), so they
are not bound by the same margin limits as stock brokerages. They do not
typically charge margin interest, however since currency trades must be settled
in 2 days, they will "resettle" open positions (again collecting the
bid/ask spread).
Individual currencyspeculators can work during the day and trade in the evenings, taking advantage
of the market's 24 hours long trading session.
If you want to know moreabout how to start trading in Forex, want to open Demo Account, Open Live Account and Become Our Partners and IBs please, proceed toour Website http://www.5starsforex.com .

 
anubavsheikDate: Tuesday, 15.09.2015, 10:06 | Message # 2
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Forex trading is one of the best businesses in the world, itis a type of business where we are not required to even make higher investment,
so that’s why this is so good, it really leads to wonderful results and also
reduce the risk big time. While also having high quality broker like Nova FX
helps a lot with their Risk Free Trade option, it means no losses at all till
first 3 trades or till 500 USD, it’s really good and helps me a lot to work
easily.
 
lakhanyaishaDate: Thursday, 29.10.2015, 09:41 | Message # 3
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There might be plenty of online businesses, but I bet thereis none close to Forex, it is a very special business due to many factors, it
can be done anytime of the day during the working week while now it has only
got better with high quality brokers like OctaFX, I am able to trade from
mobile as well with their awesome cTrader platform which is especially develop
for ECN trading and it’s now available on mobile as well!
 
shieklakhanyDate: Saturday, 09.01.2016, 12:04 | Message # 4
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Aisha, I will say that major factor in Forex been so good is broker, as you mention OctaFX, it is awesome broker with long list of benefits like you mention. The another great thing is their 50% bonus on deposit, it really boost our capital big time and makes trading so much easier to do, so that’s why I really love to work with them and it brings high level of success to me with really easy and straight forward way.
 
lakhanyaishaDate: Monday, 08.02.2016, 20:59 | Message # 5
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Doing work in Forex can be seriously beneficial, but at the same time, we need to be making sure that we do it with proper plans and should execute it even better, as that’s the way to reach success and maintain it. I am lucky that through a broker like OctaFX, I am very comfortable in working things with especially through their latest contest Southampton Supreme, it is rocking with having 100 USD prize, and it really helps in trading for me.
 
rahimdjlakhanyDate: Wednesday, 30.03.2016, 14:49 | Message # 6
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Trading can be really challenging especially for people who lack in knowledge and experience, but when you got these factors working, it is a lot easier to do everything. I’m currently working with OctaFX broker where I get things done nicely which is through their educational guide which is simply yet seriously effective and makes trading so much easier for me to do, so that’s why I really love working with them and doing trading becomes simpler even in difficult situations.
 
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