| Why is FOREX trading so popular? | | | | Friday evening. |
| Because you can trade from anywhere. From | | | | Dealers in every major FX trading center |
| your kitchen table, bedroom, garage or from the | | | | (Sydney, Tokyo, Hong Kong/Singapore, London, |
| nearest Starbucks coffeehouse ( most of them | | | | Geneva and New York/Toronto) ensure a |
| have wireless Internet connection). | | | | smooth transaction as liquidity migrates from one |
| If you have or like to travel, take your laptop | | | | time zone to the next. |
| with you and you can trade the FOREX anywhere | | | | Furthermore, currency futures trade in non-USD |
| in the world where you have an Internet | | | | denominated currency amounts only, whereas in |
| connection. | | | | spot FOREX, an investor can trade in almost any |
| When you want to start trading the Forex | | | | currency denomination, or in the more |
| Market nobody is asking you for a diploma, a | | | | conventionally quoted USD amounts. |
| formal license or a proof of how many hours you | | | | The currency futures pit, even during Regular IMM |
| have spent studying the Foreign Exchange Market | | | | (International Money Market) hours suffers from |
| and/or Banking Industry. | | | | sporadic lulls in liquidity and constant price gaps. |
| FOREX Trading is Economical and Start-up Costs | | | | The spot FOREX market offers constant liquidity |
| are Low! | | | | and market depth much more consistently than |
| You can open an account to trade Forex with as | | | | Futures. |
| little as US$ 200 at he most brokerage firms. | | | | With IMM futures one is limited in the currency |
| I personally do recommend Fenix Capital | | | | pairs he can trade. Most currency futures are |
| Management, LLC, which offers a state of art | | | | traded only versus the USD. |
| Trading platform, that allows you to place orders | | | | With spot FOREX, you may trade foreign |
| directly by clicking on the chart. | | | | currencies vs. USD or vs. each other on a 'cross' |
| The Main Benefits of Trading the FX Spot Market | | | | basis, for example: EUR/JPY, GBP/JPY, CHF/JPY, |
| are: | | | | EUR/GBP and AUD/NZD |
| YOU don't pay commissions or fees! | | | | More and more well informed investor and |
| YOU can trade 24-hours a day ! | | | | entrepreneurs are diversifying their traditional |
| YOU can trade up to 400:1 Leverage ! | | | | investments like stocks, bonds & commodities |
| YOU can have FREE Streaming executable Price | | | | with foreign currency because of the following |
| quotes and live charts! | | | | reasons: (will be continued) |
| It is important to know the differences between | | | | RISK WARNING: |
| cash FOREX (SPOT FX) and currency futures. | | | | Risks of currency trading: Margined currency |
| In currency futures, the contract size is | | | | trading is an extremely risky form of investment |
| predetermined. | | | | and is only suitable for individuals and institutions |
| With FOREX (SPOT FX), you may trade | | | | capable of handling the potential losses it entails. |
| electronically any desired amount, up to $10 Million | | | | An account with an broker allows you to trade |
| USD. | | | | foreign currencies on a highly leveraged basis (up |
| The futures market closes at the end of the | | | | to about 400 times your account equity). The |
| business day (similar to the stock market).If | | | | funds in an account that is trading at maximum |
| important data is released overseas while the U.S. | | | | leverage may be completely lost if the position(s) |
| futures markets is closed, the next day's opening | | | | held in the account experiences even a one |
| might sustain large gaps with potential for large | | | | percent swing in value, given the possibility of |
| losses if thedirection of the move is against your | | | | losing one's entire investment. Speculation in the |
| position. | | | | foreign exchange market should only be |
| The Spot FOREX market runs continuously on a | | | | conducted with risk capital funds that, if lost, will |
| 24-hour basis from 7:00 am New Zealand time | | | | not significantly affect the investors financial |
| Monday morning to 5:00 pm New York Time | | | | well-being. |