Senin, 05 Oktober 2009

forex introduction

Foreign exchange market, or which is known as FOREX is the largest
financial exchanges in the world with a daily transaction volume
reaching more than 2 trillion U.S. dollars. Compare this with the
daily transaction volume of the New York stock exchange which only 25
billion U.S. dollars.

Then what is traded in FOREX? Of course, money. Stock exchange is a
transactions single currency with another currency. The basic
principle, the trader buys a currency type at low value and resell it
at a high value, or otherwise sell a currency at a high value and buy
them back when the currency fell in value. These currencies are traded
through a dealer / broker, and are always traded in currency pairs.
For example Euro U.S. Dollar (EUR / USD), U.S. Dollar and Japanese Yen
(USD / JPY), British Pound and Swiss Franc (GBP / CHF), and so forth.

In contrast to other financial markets like stocks that have a trade
center with the location and time specific trade, Forex has no
perdangangan center. Forex trading via interbank transactions that
occurred throughout the world and takes place continuously throughout
the day.

Until the end of 1990, the stock exchange can only be followed by
financial institutions, large and private individuals who have large
capital. In those days you just can participate in forex transactions
if it has 10 hinggal initial capital of 50 million dollars. Forex
originally only done by the bankers in order to limit the risks due to
currency fluctuations. Forex is not for traders, small traders like
us: us and you. But with the development of internet technology, the
forex brokers and dealers can split large transactions required in the
forex transactions with a smaller volume so that the trader-trader
with limited capital can come and participate. Now many common forex
brokers that require initial deposits under $ 500 U.S., and some
brokers even provide initial deposit requirement of only U.S. $ 10 or
less.

Forex-trading now is available to anyone. All you need is a computer
with internet connection is good enough and the material in this site,
the following material I will next post ..

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