Forex or FX trading is NOT gambling, Forex trading can be analyzed as REAL, besides that Forex is also the same as the trade in general and differ only in the object alone (in the Forex is the currency object, while the object is in the public trading of goods or services)The forex market moves and open 24 hours, ie Monday to Saturday 05.00 am 05.00 am, means that traders can make a profit along the forex market is open
You must open or have a trading account (trading account) before you can transact in the world financial markets. (Trading Account will be used as your media transact internationally in accordance with the amount of money that you enter). TRADING ACCOUNT IS NOT THE SAME AS YOUR BANK ACCOUNT!
1 . What is forex trading ?
Forex stands for Foreign Exchange and Trade is exchange foreign currency trading or commonly referred to as Forex ( Foreign Exchange ) .
Bertransakasi advantage in forex trading is obtained from the difference between the purchase price and the selling price of the currency pair traded . A simple example : In the last month Amir buy U.S. Dollar exchange rate as much as $ 1,000 to buy Rp.8500 , - Then this month the exchange rate USD rose to Rp 9500 , - per a dollar . So when Amir sold a dollar this month he make a profit of (9500 - 8500) x 1000 = Rp . 1.000.000 , - Easy is not it?
2 . What is traded in forex??
Pairs ( Pairs ) GENERAL Currencies traded in the world ( example : EUR / USD , GBP / USD , USD / JPY , USD / CHF ) . So Forex means to buy or sell a currency against another currency in order to gain a profit from the difference between up / down the trading price
3 . Currencies are traded in Forex
USD = " Euro " ( European currency )
GBP = " Sterling " or " Cable " ( UK currency )
USD = " Aussie Dollar " ( Australian currency )
NZD = " Kiwi " ( New Zealand currency )
JPY = " Yen " ( Japanese currency )
CHF = " Swiss Franc / Swissy " ( Swiss currency )
CAD = " Dollar Canada " (the currency of Canada )
USD = " U.S. Dollars " or " Buck " ( USA currency ) and all currencies in the world
4 . What about the disbursement of money ?
You must open or have a trading account ( trading account ) before you can transact in the world financial markets . ( Trading Account will be used as your media transact internationally in accordance with the amount of money that you enter ) . TRADING ACCOUNT IS NOT THE SAME AS YOUR BANK ACCOUNT !
You can transfer your money ( deposit or inject ) to your trading account at any time through your bank addressed to the clearing firm of the international money markets iniAnda must open or have a trading account ( trading account ) before you can trade in world financial markets this . ( Trading Account will be used as your media transact internationally in accordance with the amount of money that you enter ) . TRADING ACCOUNT IS NOT THE SAME AS YOUR BANK ACCOUNT !
You can transfer your money ( deposit or inject ) to your trading account at any time through your bank addressed to the clearing firm of the international money markets selected .
5 . Market Participants
Who are the actors and participants in the Forex market ?
1 . Government / State
2 . Companies , factories , industries
3 . financial institutions
4 . The World's Major Banks
5 . the Broker
6 . businesspeople
7 . Society / ( Retail customers)
6 . Hours of market / market forex market moves and open 24 hours, which is Monday at 5:00 pm until Saturday at 5:00 pm , means that traders can make a profit along the forex market is open
7 . Advantages of Forex Trading Online
a. No commission trading or brokerage commissions
b . Benefit from two-way prices go up or down
c . You are free to enter the market without puzzling over working hours from Monday morning until Saturday morning
d . Can be started with small capital
e . Available accounts experiment / demo as practice trading before plunging into real
f . The forex market is not going to go bankrupt because of concerns prekonomian countries in the world
g . Can generate very high revenues
h . Trades is very easy to do .
9 . What should be prepared to trade forex online ?
a. Can operate the computer and the internet
b . A set of computer / leptop
c . Operating System installed on the computer
d . internet connection
e . Software provided by the broker / Meta trader
f . Have a minimum capital of $ 100
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