Saturday, June 16, 2007

Forex- advantages and disadvantages

Forex investing is the act of trading one currency for another in order to gain profit. With a daily average of over 1.8 trillion dollars, it is pretty easy to see why the Forex market is the largest  in the world.

The Forex does not actually have a physical address. Instead, the Forex market is a network of central banks and investors all over the world that handle currency, and the trading of such. Because the Forex market deals in all countries in the world, including the United States, Asia, and Europe, the market is open 24 hours a day. You can trade Forex anytime, anywhere, as long as you have the knowledge to do so(or a professional broker or trading program) and access to a computer.

Due to the rising popularity of the market, brokers and online programs have made simulated programs, which allow you to trade in real time, without the use of actual money. Find out more at Forex

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