| The foreign exchange currency market is the | | | | |
| largest financial market in the world. It | | | | With growing reach of the Internet, online |
| has an average volume of about $2 trillion a | | | | Forex trading firms began to offer trading |
| day, dwarfing the $25 billion a day in volume | | | | accounts to 'retail' traders. With reduced |
| traded on the New York Stock Exchange . | | | | capital requirements and online access, all |
| | | | that is needed to get started is a computer, |
| Also referred to as "Forex" trading, foreign | | | | a high-speed Internet connection, and an |
| exchange currency trades involve the | | | | understanding of the Forex market and how to |
| simultaneous buying of one currency and the | | | | trade it profitably. |
| selling of another. Currencies are traded in | | | | |
| pairs. For example, you may trade the Great | | | | The Forex market comes with a series of |
| British Pound and the US dollar (GBP/USD) | | | | additional benefit, which make it |
| pair or the British pound and the Japanese | | | | irresistable to traders. There are only |
| Yen (GBP/JPY) pair. | | | | seven major currency pairs. Compare that to |
| | | | tracking thousands of stocks. There are no |
| In effect, you are buying the currency of a | | | | commissions or exchange fees. Your broker |
| particular country. This equates to taking a | | | | simply makes their money from the difference |
| position in that nation's economic growth. | | | | on the bid / ask spread. This is also the |
| The price of the currency is a direct | | | | most liquid market anywhere. |
| reflection of what the market thinks about | | | | |
| the current and future health of that | | | | There are other benefits, but you probably |
| nation's economy. If you buy the Japanese | | | | have an idea as to why currency trading is |
| Yen, you are in effect buying a share in the | | | | quickly growing in popularity with retail |
| Japanese economy with the belief that their | | | | traders. The obstacles to accessing these |
| economy will expand in comparison to the | | | | benefits have been largely eliminated, with |
| economy of other counties. | | | | knowledge the only barrier between you and |
| | | | forex trading profitability. |
| The Forex has no physical exchange or central | | | | |
| market. Instead, it is an Over-the-Counter | | | | Fortunately, the need for education is being |
| (OTC) or 'Interbank' market. The entire | | | | addressed. If you wish to learn more about |
| market is run electronically, within a | | | | the basics of how the foreign exchange market |
| network of banks. | | | | works, you will find numerous resources on |
| | | | the Internet and can access reliable |
| The market is available continuously open. | | | | information from reputable Forex brokers. |
| This 24-hour market is achieved by a | | | | Once you understand the basics and choose to |
| transitioning of trading activity around the | | | | take the next step, you will want to invest |
| globe. Trading begins in Sydney, Australia, | | | | in a solid trading course from a reputable |
| then shifts to Tokyo, Japan. Next, London, | | | | source. |
| England takes over and then "passes the | | | | |
| baton" to New York. As New York shuts down, | | | | With good instruction, there is very little |
| Sydney is opening for business. | | | | that stands between you and the ability to |
| | | | benefit from trading the foreign exchange |
| The Forex market was not intended for retail | | | | currency market. |
| traders. The original intent was to provide | | | | |
| a currency exchange between banks and large | | | | You may download a complimentary copy of our |
| institutions. In fact, prior to the late | | | | extensive, special report on the Forex market |
| 1990's, only these "big boys" could | | | | and learn more about the risks and benefits |
| participate in the foreign exchange currency | | | | of foreign exchange trading. We also reveal |
| market. An initial capital requirement of $10 | | | | why the trading methods detailed in the Forex |
| to $50 million was required, and there were | | | | Profit Accelerator course are the most |
| other obstacles preventing the average person | | | | powerful documented Forex trading techniques |
| from trading currencies. | | | | available to the public. |