Forex in india

What is Forex?

The Foreign Exchange market, also referred to as the “Forex” or “FX” is the largest financial market in the world, with a volume of over $3 trillion a day. It is actually more than three times the total amount of the stocks and futures markets combined. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

Why use forex trading?

• Forex market is open 24 hours a day. You can trade forex at any time.

• You can trade forex from anywhere in the world.

• The transaction costs are very low.

• High liquidity.

How to start?

To start forex trading click here to download the forex trading platform and start practice with the demo account. Please read the help section which is very important for you to learn the forex terms. Once you started making profits open a real account by funding the account. In my previous posts I have given a number of opportunities to make money online. This is the only program that needs a small investment. You can start trading forex for just $50 which is very low compared to any other business. I made $34 profit in the first day itself so you can get your investment back in few days.

Funding Your Account

After login to the demo account click the trade for real money button, then you will see a login page. Please click the open new account at the right side of the login window to create a real trading account. Please use this login information to login to your real trading account. Then use the click to deposit at the bottom of the window to deposit money. You can fund your account by credit card, paypal, and moneybookers. If you don’t have credit card you can use netsafe card for funding your account. You can also fund your account using EntroPay card.

Forex trading tips

Trade for small profits first. While trading forex look for what the top 100 traders are doing and take a decision. You can make your forex trading automated by setting a take profit value. Your trading will be closed when it reaches the take profit value. You can shutdown your computer once you set this value if you want.