|
| |
 | |
|
|
Currency Trading Information Channel |
 |
|
|
| |
|
| |
|
|
Currency Trading Information Channel |
|
|
|
|
|
New Opportunities with Forex TradingThe simplest definition of currency trading is the practice of exchanging one country's currency for another country's currency. Basically, currency trading involves four main variables: currencies, exchange rate, time, and interest rate. The interplay of these variables creates opportunities for small investors to obtain investment returns that are generally unheard of in the traditional investment world. It is also referred to as foreign exchange, FX or Forex, but the essence remains the same that currency trading is the exchange of one currency against another. Perhaps, in terms of trading volume, the currency exchange market is the world's largest market, with daily trading volumes in excess of $1.5 trillion US dollars (although the figures may differ, but this is just an approximation to show its importance). One thing is for sure that in orders of magnitude it is much larger than the bond or stock markets. For example, the New York Stock Exchange has a daily trading volume of approximately $50 billion. So you can easily imagine its importance in the trading world of today. Moreover, contrary to earlier thoughts, currency trading is not limited to just larger organizations and other large banks and financial institutions, but open to everyone who has enough expertise and determination to hard work. You can start playing the currency trading market with real market conditions immediately. Trading opportunities in the forex currency trading market are now available to individuals through technology interfaces such as those used by major currency trading brokerage firms (usually large corporations with big tummies). If you decide to hire a professional who takes advantage of this technology, you will be able to view your accounts' closed trades 24 hours per day through a secured, online access portal. Historically, SMBs and individual investors have had limited access to the forex market. For decades, major banks, multinational corporations and other participants, trading in large transaction sizes and volumes, have dominated this market. However, just like many other business segments technology has lowered the barriers of entry and opened up this attractive marketplace to a new breed of investors and speculators. Technological advancement, along with liberal market sentiments, has allowed almost everyone to deal in currency trading, unlikely to the past when there were only few organizations that could trade the currency. You also can open a mini account with as little as $300 US although $2000 US is recommended. You can open a regular account with as little as $2000 US although $10,000 US is recommended. Mainly major banks, international organizations and some other are doing well in currency trading. Anthony Trister is a currency trader and is an owner of OneDayTrades which offers free, mechanical forex signals and an automated trading program for those wanting to trade forex. Free access available here: http://www.onedaytrades.com
 MORE RESOURCES updated Sat. December / 09 / 2023Reasons Forex Traders Fail ForexLive CME launching a new spot currency trading platform Crain's Chicago Business Yen extends rally to second day as traders bet on early BOJ hike The Japan Times Best Forex Brokers In December 2023 Bankrate.com Costa Rica Exchange Rate Hits 9-Year High Versus US Dollar The Tico Times What Is Forex Trading? Forbes Forex market daily volume 2001-2022 Statista HSBC Advances FX Trading Protection with Quantum Keys Finance Magnates Iran's Chief Banker Denies Currency Crisis | Iran International ایران اینترنشنال Forex Trading for Beginners NerdWallet GBP/USD Analysis: NFP, CPI, FOMC, BoE on the Horizon FOREX.com US Benefits and Risks of Trading Forex With Bitcoin Investopedia S&P 500 Forecast: Bounces from Bottom of Range DailyForex.com Stock market today: Asian shares are mostly up as weak jobs data back hopes for an end to rate hikes KCAU 9 FX: How to choose a liquidity provider Euromoney magazine How to Trade Forex Investopedia What is forex trading? USA TODAY Trader's Case Tests DOJ's Policing of Global Currency Market The Wall Street Journal Cboe FX Outperforms in a Month of Mixed Currency Trading Results Finance Magnates Why Is the Forex Market Open 24 Hours a Day? Investopedia How can blockchain platforms make currency trading cheaper? Financial Times Kickstart the trading day:Technical analysis unveils opportunities in top currency pairs - ForexLive CME launches new all-to-all spot FX marketplace The TRADE News Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation Santa Maria Times Africa's new online foreign exchange system will enable cross-border payments in local currencies – what you need to ... The Conversation Africa Forex Christmas Holiday Trading Hours & Schedule 2023 DailyForex.com CBM ends fixed exchange rate, permits sales at market rate Nation Thailand USD/CAD Signal: Dollar Bounces Against Loonie DailyForex.com No market surprises with Australian trade balance IG International South Korea to Extend Forex Trading Hours Next Year The Wall Street Journal AUD/USD Forecast: Attempts to Turn Around DailyForex.com EUR/USD Forecast: Looking for Buyers Waiting for NFP DailyForex.com US Dollar Pulls Back from Multi-Week Highs TorFX News NZD/USD: Short-Term Range Producing Choppy Trading Results DailyForex.com Top 8 Most Tradable Currencies Worldwide Investopedia Forex Account: What It Means and How It Works Investopedia The Dollar: The World's Reserve Currency Council on Foreign Relations
|
