Why Forex?
The
Foreign Retail Exchange Market (FOREX) is quite different
from the stock exchange. In contrast to the stock
exchange, the FOREX is primarily a short term market.
Most traders enter and exit deals within a 24 hour
period – sometimes within a few minutes. Many FOREX
trades can be made in one day without building up a
large brokerage fee because FOREX trades are
commission free. Brokers earn money by setting a
spread – the difference between asking and selling
prices.
The FOREX market trades
1.9 Trillion.
By comparison, all the American
stock exchanges combined handle daily transactions
worth about $100 billion. The huge volume of FOREX
means that it is one of the most liquid markets in
the world. There is always a buyer and seller for
any type of currency because the world economy
relies on the movement of goods from country to
country. The stock market is less liquid because
participants may choose to hold their investments or
move on to other markets.
The FOREX is not located in any one location.
Trading markets are located world-wide and because
of difference in time-zones trades can be made 24
hours a day, 5 days a week. Trading begins in
Sydney, Australia on Monday morning (Sunday
afternoon New York time) and continues non-stop
until Friday afternoon New York time.
Stock exchanges have more limited trading hours.
While it is possible to trade on exchanges
world-wide, each exchange is independent and
operates for just 7 hours a day. There is no way to
buy or sell a certain stock that is only traded on
one stock exchange when that exchange is closed.
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FOREX
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STOCKS
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REAL STATE
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*
The FCM and IB are compensated for their
services through the spread between the bid/ask
prices.”
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|
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Time Zone
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Chicago
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GMT
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EST
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PT
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Tokyo Open
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6:00 PM
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23:00
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7:00 PM
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4:00 PM
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Tokyo Close
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3:00 AM
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08:00
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5:00 AM
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1:00 AM
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London Open
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2:00 AM
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07:00
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4:00 AM
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12:00 AM
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London Close
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11:00 AM
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16:00
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1:00 PM
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9:00 AM
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New York Open
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7:00 AM
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12:00
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9:00 AM
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5:00 AM
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New York Close
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4:00 PM
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21:00
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6:00 PM
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2:00 PM
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| Australian Dollar | (AUD/USD) |
| British Pound | (GBP/USD) |
| Canadian Dollar | (USD/CAD) |
| Swiss Franc | (USD /CHF) |
| Euro Dollar | (EUR/USD) |
| Japanese Yen | (USD/JPY) |
How to start in
forex market?
1.LEARN:
Read a lot in our ebooks section everything
respected to this wonderful market and never
hesitate in questioning us regarding the same.We
made available more than 600MB of excellent ebooks
and our msn for any other doubt that you may have.
2.Practice:
Open a demo account with virtual Money and start
buying and selling currency pairs this will make you
familiar with the online trading platform and charts.
To open a demo account
click
here
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3.Open a real account:
Here you 2 different options, you don't need a
broker, a trader or anybody, you can do it in a self
traded account Or you can designate an expert to
trade for you.
To open a real account
click
here to
entry in our group and we´ll managed your
account or mail us
aptrafx@aptrafx.com
Any questions , please send e-mails to aptrafx@aptrafx.com
