Introduction to Forex

What is forex? 

Forex is based upon two words "Foreign" and "Exchange". Buying and selling of currencies is called  forex. , which is  one of the fastest growing markets in the world. Average daily turn over of  forex market in Sep, 2013 was above $5.3 Trillion.

Forex trading almost works like the Stock Market Works, One buys low and sells high. One of the benefits of tforex rading is that we don’t have to choose from thousands of companies or sectors. And also , we may have  things even simpler than choosing which company to buy.

For example, One person , who is new to forex trading , has an opinion on the US dollar and the US economy. He can easily take his opinions and translate it into a forex trade. Buying or selling US Dollars as simple as they buying or selling a company’s stock.

Another advantage of the Forex market is that it is not a  9 to 5 market. Trading takes place 24 hours a day, 5 days a week in the Forex market. It means we can trade before or after work. Plus, we have the flexibility to make our trades online.

Plus, you can buy and sell at any time, in up trends (also called bull markets) and in down trends (also called bear markets).

It’s easy to get started. You can sign up for a free demo account  and get $50,000 of virtual money to practice trading online with one of easy to use trading platforms, including mobile and tablet offerings. 

Besides you may have a contest account  also in which your account is replenished with virtual money and you may be able to participate in a trading contest with other traders of the world without any risk of loosing real money.

As well as , You can open an account and get $10 for free into your account to trade forex. For detailed instructions how to get free money to trade forex please click HERE.

The time to trade forex is now. Join the millions of traders around the world.