Sunday, April 13, 2008

Forex (Foreign Exchange)

Foreign Exchange or called Forex is the exchange currency from one country to another. The average daily trade in the global forex and related markets currently is over US$ 3 trillion everyday. Wow the biggest money.

The foreign exchange market is unique because of
  1. Trading volumes
  2. Liquidity of the market
  3. The large number and variety of traders in the market
  4. Geographical dispersion
  5. Trading hours: 24 hours a day, except on weekends
  6. Many factors that affect exchange rates

Last the market order accepted by phone, the trader call the broker and give / close the position (buy or sell). But now since internet blow up in the world, trader use this cause it's easy. You can access to view and order 6 x24 hours.
Many of the platforms can be used to transact, one of them famous which is metatrader 4. Metatrader4 it's easy to used it because familiar face and you can put indicator which have exist ( standard) or your own brand which is.

0 comments:

Post a Comment

do not spamming

Post a Comment

do not spamming


Paypal tukarduid tukarduid


Earn $$ with WidgetBucks!