More and more people are starting to hear about FOREX trading. FOREX stands for Foreign Currency EXchange Market. It used to be available only to large banks, multinational corporations, governments, and other financial markets and institutions, but in 1997 it was deregulated and now anyone can participate.
Many people with experience trading stocks and/or commodities, who then discovered FOREX, prefer it because of its many advantages over trading stocks and commodities. Many who had never invested before also now
are successfully trading in the FOREX market.
The FOREX market is open 24 hours a day, except on weekends, so you can participate whenever you have time. Trading is now done online, and transactions are almost instantaneous.
The FOREX market offers 100:1 leverage, so you can control large amounts of money in the market, using much less of your own money. You can start with a mini-account for just $300, and with strategy, gradually build your account and confidence until you can open a regular account. You can grow that $300 seed too much more money in 6 months with the proper application of a solid strategy. And, you can set the level of risk you are willing to accept; and you can do it with very minimal risk.
FOREX is the world’s largest, most liquid trading market. It is a top trending market, moving in the same direction (up or down) more than 78% of the time, and you can learn to profit from any trend. Technical analysis works very well in this market and there are many tools to help you.
Since most FOREX trading focuses on the 7 major currencies, you’ll need to learn much less than you would when trading stocks or commodities. Of course, you will want to learn as much as you can about FOREX, but this can be done to your satisfaction much faster than you might think. There are many training courses, as well as plenty of free information available on the subject.
FOREX trading is fun and challenging, and FOREX is quickly becoming one of the hottest, most rewarding opportunities in the investment world.
Learn more about FOREX and take wealth development into your own hands if you want to accumulate real wealth!