Tips to Get Started in Forex Trading - Make Money Fast

Hi, My name is Rian. Let me share forex article for today :)
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Forex Trading refers to the foreign exchange market. The history of Foreign Exchange starts when the Bretton Woods System came to an end in 1976 and the floating exchange rate appeared globally. Forex is a market for the purchase and sale of the currencies, but there is no central place for dealings.

The stakeholders of the Forex include the individual trader, the broker, a firm or a financial institution. The trade carries on 24 hours a day and closes on weekends. The determination of one currency in terms of another is done in the Forex Market. The basic motive of this trading system is to make the worldwide trade easy and providing an opportunity to the business concerns to exchange one currency with the other.

Forex has facilitated the act of speculation as well. Hence, the agreement of currency trade is made in anticipation looking at the market condition. It is very beneficial with respect to many aspects, e.g. there is no restricted boundary for trading activities. If you have internet, you can do this business sitting at home. The initial investment is minimal and size of the business can be expanded after getting success.

Let us check how much is the percentage of the currencies used in the Forex market? The topmost currency is USD and contributes 85 percent overall in the Forex Trade. Next stable currency is Euro (European

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Tips for Choosing a Good Forex Broker

Hi, My name is Rian. Let me share forex article for today :)

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In this article we will look at some important tools that should be considered when selecting a good broker to invest and work in the forex market.

There control agencies that regulate the operation of recognized brokers, for example if you have chosen a broker located in North America, more specifically in the U.S. have the NFA (National Futures Association) www.nfa.futures.org mediating on customer complaints investors with regulated firms and Future Trading Commission CFTC Comoditie www.cftc.gov regulating trade exchanges and futures market.

Both companies act as vigilantes and guarantee transparency in the operations of the broker and a company that has captured alleged funds illegally from the public has been taken over by one of them or both and no longer exist.

In the specific case of the CFTC you can use the link www.cftc.gov / marketreports / financialdataforfcms / index.htm to find out the broker patrimonioneto and confirm if this exceeds 5 million, which then shows that has a further protection funds as well point out the directions of the CFTC.

To Europe, Australia and some Asian countries, other bodies such as the MiFID (Market in Finantial Instrument Directive) governing investment services to 30 states associated with the EEC (European Economic Community) and SFA regulatory organization organized according to the minutes financial services in 1986, which controls more than 1350 investment firms and futures markets that FSA has a regulatory system that monitors and regulates all forms of investment in these geographic areas.

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