About Forex

Market Forex - is the international currency market. It got its name from the English name of reducing foreign exchange transactions: FOReign EXchange.Despite the fact that the Forex market is more than the young market compared to other institutions, financial relations and there is only since the early 70-ies XX-th century, * it is the most far-reaching in scope and fastest growing market. Every day in the Forex market takes place trades for a total of about $ 4 trillion U.S. dollars, which, for example, is 30 times greater than the aggregate volume of all stock markets in the U.S. combined.

In the forex market, as well as in other markets, the basis of the sale of one or another set of products. In the case of this set of Forex products are the national currencies of different countries.The basic principle of any movement in exchange rates is the need for government agencies and commercial organizations around the world to convert profits earned abroad in local currency. However, they account for about 5% of the total turnover of the Forex market. The remaining 95% provides currency traders speculative capital seeking to profit from movements in exchange rates.
A distinctive feature of the Forex market is its stability constant. It's no secret that the main risk in any financial market is its ability to collapse, falling stock index.However, in contrast to other markets (equity and commodity), the Forex is guaranteed on this is protected by the specifics of the ground and a single commodity - currency. If the shares are worthless - it will collapse. If the dollar collapsed, it just means that another currency has become stronger, and hence the movement became more active in the market, which thanks to the competent trade leads to additional revenue trader. This is the unique stability of the market and related business: currency is the most liquid and reliable trading tool of all.Of greatest interest for speculators are the most common (most liquid) currencies, ie "Core". To date, over 85% of all transactions comprise transactions with major currencies, which include the U.S. Dollar (USD), Japanese Yen (JPY), Euro (EUR), British pound (GBP), Swiss Franc (CHF), Canadian (CAD) and Australian dollars (AUD).FOREX is available anytime and anywhere. Thanks to the Internet, you are from anywhere in the world, can make deals with customers who are on the other side of the globe. As mentioned above - the foreign exchange market always gives you the opportunity to earn as fluctuations in exchange rates of any size occur several times a day. Thus, the activity of the movement of exchange rates in conjunction with your intellectual capacity and the latest computer technology can create a profitable business right now. In this connection, the more relevant services to become ECN - brokers, which allow traders to trade against each other by offering prices within the system.

One more advantage of the forex market - is the ease of entering this market.Barrier to entry is equal to one dollar, and the money spent on learning the basics of forex, buying a computer and the formation of a deposit, you can not run any real business. Find a trusted broker experienced no difficulty - the offer in this market is huge. Everything else depends on the person who decided to enter the FOREX.