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Posted: Thu 11:07, 22 Aug 2013 Post subject: www.lcdmo.com/hollister.php What You Need To Know |
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The Foreign Exchange market, also referred to as the "Forex" market is the most traded financial market in the word with a value of approximately $3.98 trillion. It is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen.
[link widoczny dla zalogowanych] When is the Forex market open for trading? A true 24-hour market from Sunday 10:00 PM GMT to Friday 10:00 PM GMT. Unlike any other financial market, investors can respond to currency fluctuations at the time they occur - day or night.
What [link widoczny dla zalogowanych] are the most commonly traded currencies? [link widoczny dla zalogowanych] Over 85% of all daily transactions involve trading of the major currencies, [link widoczny dla zalogowanych] which [link widoczny dla zalogowanych] include the US Dollar [link widoczny dla zalogowanych] (USD), Japanese Yen (JPY), Euro (EUR), British Pound (GBP), Swiss Franc (CHF), Canadian [link widoczny dla zalogowanych] Dollar (CAD), and the Australian Dollar (AUD).
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Is Forex trading expensive? Depending on your broker you can trade Forex with a deposit as less as $100. [link widoczny dla zalogowanych] Amazingly Forex allows customers to execute margin trades at up to [link widoczny dla zalogowanych] 200:1 leverage (again this depends on your broker). This means that investors can execute trades of $10,000 with an initial [link widoczny dla zalogowanych] margin requirement of $50.
What is [link widoczny dla zalogowanych] margin?
It allows traders to take on leveraged positions with a fraction of the equity necessary to fund the trade. Basically it allows you to use very small amounts [link widoczny dla zalogowanych] of money to trade very large amounts.
What tools do I need to begin trading Forex? A computer with an internet connection (or a Virtual [link widoczny dla zalogowanych] Private Server for remote trading). It's that simple!
What trading software do I need? You simply need to download and install MetaTrader 4 and you're [link widoczny dla zalogowanych] good to go!
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