Monday, August 3, 2009

forex trade

More precisely, FOREX is a currency trading market, and it's one of the largest and most rapidly developing markets on the planet. Over 2.5 trillion dollars are turned over on Forex every single day. That's more than 100 times more than the amount turned over daily on NASDAQ. If you're intrigued, you can and get more detailed market information from E-Global Trade & Finance Group, Inc So, what's a market? Simple: it's a place where goods are traded. Forex is no different, but with one little twist: the goods traded on Forex are the national currencies of the world's countries. For example, on Forex you might pay in American dollars and buy some Canadian dollars. Or, you could sell your Euros for Japanese Yen. There's nothing more to it than that.
How do I turn a profit using Forex?
Again, the answer is obvious: just as with any market, you make money by buying low and selling high! Buy for less, sell for more! All you do is take advantages of fluctuations in the relative values of world currencies. Each currency's value changes every day in the currency exchange market. All you have to do is use these fluctuations to your advantage. One thing we'd like to mention about currency exchange on Forex: on Forex, these daily fluctuations are actually 100 times greater than the actual fluctuation (for example, around 1%). Generally speaking, E-Global Trade & Finance Group, Inc can offer trading ratios of between 1:10, 1:100, 1:200 and 1:500. So let's do the math: if the exchange rate of your given pair of currencies increased by just 0.6% over the last few hours, then you'll bag a profit of 60% on your original investment! All of this can happen over the course of a single business day, or as quickly as a matter of minutes. And best of all, you don't risk losing anything more than your margin! There's absolutely no limit to your possible profits, but you never risk losing anything beyond what you originally invested. And another thing: you have the power to choose your pair of currencies, and their amount, based on which way the market's headed, and still turn a profit. It makes no difference which way the exchange rate is headed, down or up, because you always have the choice of buying US dollars and selling Yen, or the other way around - buy Yen and sell US dollars. And no, you don't need to actually own any particular currencies, or "have" them in hand, in order to make transactions with them on Forex (to buy them or sell them).
So, just how do I get started?
You simply register with E-Global Trade & Finance Group, Inc.we offer the easiest and fastest registration out there, with absolutely no obligations. Once you're registered, just make a deposit of the margin amount you choose to begin trading with, and you begin trading on Forex. And only E-Global Trade & Finance Group, Inc. allows you to make your deposit with your credit card. It just doesn't get any simpler. But if you do need assistance, we offer as much customer service and one-on-one training as you need. And with E-Global Trade & Finance Group your help won't come from a computer, but from a living, breathing human being, who speaks your language.

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