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