10 January 2007

Forex Basic


WHAT IS IT??

* MARKET

The currency trading @ Forex (foreign exchange) market is bigger and fastest growing market in the world. Daily turnover more than 1.4 Trillion Dollar daily. The participants in the market are commercial bank, corporations, institution investor and also private individual like you.

* WHAT HAPPEN IN THE MARKET??

In Forex market, the currency of various country are place to trade. For example for currency
- US Dollar
- Great Britain Pound
- Japan Yen
- Australia Dollar
- Canadian Dollar

* HOW TO MAKE PROFIT FROM FOREX??

In Forex, there is a huge different with stock trade. In stock trade, when a price rising, investor can make a profit and when price going down they lose.
Forex you can make profit both when the currency is is going up or going down. You can buy the currency in bottom and sell in top. This is Your Forex Solutions.There is a magnificent of FOREX..

HOW DO I START TRADING??

There is many Forex broker you can choose and use to start trading. For Your Forex Solutions and for a newbie, i suggest use this 2 platform..

1 ) Marketiva
2) LiteForex.

* MARKETIVA

You can use Marketiva as a platform to you start trading. It easy and friendly user.
Registration
(click below to register in marketiva)



* (META TRADER 4)

You also can use this platform to start trading. Actually, in LiteForex, you can refer for currency moving graph more clearly and can added a additional indicator (expert)
(this is the link)


Image

HOW TO DEPOSIT OR WITHDRAW FOREX FUND??

In Forex, you must have 1 account to deposit or withdraw Forex fund. I call this account is ''internet money''. Marketiva and LiteForex accept E-Gold, Bank Wire and Wire Transfer for deposit fund.

To use it, u must register to create a new account. It's Free account


* FOR E-GOLD :- it only takes a few hours to deposit and withdraw a money (1-24 hours)

gold itself...circulated electronically

* FOR WIRE TRANSFER :-it take a few days to deposit and withdraw a money (1-7 days)


Please refer your local bank to make this transaction.

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FOR BANK WIRE :-it take a few days to deposit and withdraw a money (1-7 days)
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