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Currency-Forex-On-Line-TradingCurrency Forex Market is the world’s largest market today. The currency-Forex-on-line-trading turnover is more than 2.5 trillion US$ (more than 100 times greater than NASDAQ), and it's still growing.
-Forex Live (Real-Time) Charts -Streaming Live (Real-Time) Quotes -Brokers Comparison Table -FOREX Regulatory Agencies (NFA, FSA, CFTC, SEC, ASIC, OSC, CME)
Due primarily to the worldwide Internet, millions of traders from all over the world are conducting currency-Forex-on-line-trading. These foreign currency trading participants now include many private individuals as well as the traditional banks and large multinational business organizations. Everyone on earth today can immediately start currency-Forex-online-trading, from any computer, anytime, using their credit cards. The global currency trading system (Forex) is not a "market" in the traditional sense. There is no centralized location for trading as there is in futures or stocks. Trading occurs around the clock over the telephone and on computer terminals at thousands of locations worldwide Daily market turnover has skyrocketed from 5 billion USD in 1977, to a phenomenal 2.5 trillion (and increasing) US dollars today. This is more than 100 times the daily turnover of the NASDAQ. Most foreign exchange activity consists of the spot business between the US dollar and the six major currencies (Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar). The FOREX market is so large, and is hosting so many participants, that no single player, governments included, can directly control or make any significant influence over the direction of the market. Currency Exchange Trading (FOREX) is the trading of contracts of currency pair exchange rate. It is a NON-DELIVERY trade, which means that there is no physical transaction of currencies, but it is rather an agreement, or "contract" (FOREX DEAL), to trade specific volume of a pair of currencies at an agreed exchange rate. The attractiveness of such FOREX trade is that, only a proportional amount is needed (the COLLATERAL, or the MARGIN)to make a deal. Thus, if the currency pair exchange rate has changed by some percentage, the value of the MARGIN invested would change accordingly, however - in a much higher proportion. In fact, the actual change onto the Forex trader's investment (the MARGIN they deposited), will be the nominal change occurred to the exchange rate, multiplied by the Margin Ratio (the leverage). Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
In addition to currency-Forex-on-line-trading,
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