Foreign Currency Trading
Over the last three decades the foreign exchange market has become the world's largest financial market, with over $ 1.5 trillion traded daily. Forex is part of the bank-to-bank currency market known as the 24-hour Interbank market. The Interbank market literally follows the sun around the world, moving from major banking centres of the United States to Australia, New Zealand to the Far East, to Europe then back to the United States.
Until recently, the forex market wasn't for the average trader or individual speculator. With the large minimum transaction sizes and often-stringent financial requirements, banks, hedge funds, major currency dealers and the occasional high net-worth individual speculator were the principal participants. These large traders were able to take advantage of the many benefits offered by the forex market vs. other markets, including fantastic liquidity and the strong trending nature of the world's primary currency exchange rates.
ADVANTAGES OF THE FOREX MARKET
– Forex is open 24 hours a day.
– Forex is the most liquid market in the world.
– 100-to-1 leverage reduces the need for large amounts of capital.
– Commission-free* trading on more than 60 currencies.
– No restrictions on shorting which allows you to enjoy profit opportunities during any market condition.
The Trident Press Forex Trading Course provides the novice trader as well as the more experienced trader with all they need to know to successfully trade the Foreign Currency Markets profitably. It's a step-by-step tutorial that takes you right through the process of becoming a trader.
