Ways To Trade

Forex allows you to enter the trading market in several different ways, each of them designed to ensure that you can stay on top of your trades, wherever you are.

Website Trading

Website trading allows you to enter your Forex account quickly and securely from any computer connected to the internet. Wherever you are, you can view real time quotes, check positions and balances, transfer money and use interactive charting tools to manage your orders and account.

FOREXTrader PRO

This platform is downloadable and provides you with professional charting tools that include 70+ technical indicators. You can customize your platform by changing the layout, colours and themes to make the platform conform to your needs and preferences. This platform provides you with drawing tools so you can plan your own trading strategies on professional grade charts. You can also manage positions and orders directly from the charts. In addition to streaming real time news and commentary, you can also set your default trade and order sizes. All of these little things are there to help you stay in total control of your Forex account.

Mobile Trading

This provides you with fast and easy access on iPhone, Android, Blackberry and many other smart phones. Not only can you view real time quotes and news, you can research and stream commentary, and monitor and manage open positions. When you are executing orders you can select from eight available order types, making trading on your mobile quick, efficient and easy.

Trading Opportunities

Forex offers a wide range of trading markets in which you can participate.

Currencies

Currencies are one of the best-known trades. The Forex trading markets includes 45 different kinds of currency pairs all of which fluctuate in value on a daily basis. The account provides real-time news and round the clock updated charts to keep you on top of the ever-changing currency market.

Metals

Besides being influenced by political events, gold and silver are also price driven by supply, demand and speculation. Silver and gold are suitable for both short and long term trading and by trading these metals against the American dollar, Australian dollar, Euro and Sterling, the ever-fluctuating value of currencies becomes a sound way to earn money.

Energy

Crude oil is the single most traded commodity in the world and it is both suitable for long and short term trading. The energy trading market is ever changing as prices of crude oil, heating oil and natural gas are influenced by high-level geopolitical factors, trading activities, speculation and weather events.

Indices

Indices are a fast and straightforward way to gain exposure. With a Forex account you can trade main indices in US, UK, Germany, Hong Kong, France, Australia and Japan with leverage of 100:1. As all of these countries use a different currency, buying and selling these goods simultaneously could really kick off your earnings. Trading indices is suitable for both short and long term involvement and with a Forex account you have access to real time commentary, news, research and analysis to inform your trading decisions.

Charting Packages

Forex has a range of charting programs to make it possible for you to find the service you prefer.

Forex Charts

This program provides you with an easy to use charting tool that includes interactive tools that enable you to plot your own trading strategy. By placing the Buy and Sell buttons at the bottom of the charting page Forex makes trading quick and easy. The Forex charts allow you to see your Forex account in web-based charts, which means you can access it on both MACs and PCs as long as they are connected to the internet.

FOREXTrader PRO

This is Forex’s most powerful charting package. It comes with 70+ technical indicators and makes it possible for you to customize the parameters, values and colours of technical studies and save them for future use. The windows are flexible and can be rearranged to create your own custom layouts. The unlimited customized charts can be applied to any currency pair, making it easier for you to keep your Forex account sorted and to stay on top of your trader. Not only is Dow Jones’ news fed directly to the platform, the streaming market allows you to view up-to-date news on related markets.

eSignal Charts

This award winning package, including very popular charting and analytic tools, used by professional traders all over the world. As you access your Forex account, this package allows you to view a real time data feed, and an unlimited amount of free-floating currency charts and live quote windows. This package also includes composite data from the Global Treasury Information Service, inc. (GTIS) that provides broad information on the market as a whole.

Forex: A Unique Marketplace

Forex, the worldwide currency exchange market, has an annual turnover of just under $4 trillion, making it the largest market in the world. The good news is that it now couldn’t be simpler to get involved in this fast, exciting world of foreign currency trading. A quick search online will uncover dozens of brokerage companies who will help you to get started. One of the more difficult tasks is choosing which one is right for you, but even there you will find web sites which offer comparisons so you can choose which broker best suits your needs, whether you wish to just dip into the market for fun or get involved as a serious participant. You can also check out web sites which offer online reviews and ratings of broker’s services.

The foreign exchange market is unique, in that, because of the differing world time zones, it is possible to trade continuously 24 hours a day from Monday at 9.00 local time in Sydney to Friday 17.00 local time in New York. If you are based in the UK, this means the Forex market place is open from 22.00 GMT on Sunday to 22.00 GMT on Friday. All transactions take place either electronically or by telephone.

In order to make the most of this exceptional opportunity and ensure your involvement is as lucrative as possible, it is best to take do some research online and take up one of the many offers of video training and tutorials. Set up a demonstration account and get some experience of the market without putting any money at risk, before opening your own Forex account.

Forex: A Worldwide Market

Trade in foreign currency is now the largest market place in the world. With an annual turnover of over $3 trillion and a 24 hour trading day, Monday to Friday, the market comes to life in Sydney, Australia, on a Monday morning and gradually moves eastward as the world wakes up, and markets open in primary financial centres such as Tokyo, Frankfurt, Paris, London and eventually New York, where the week ends at the closing bell on Friday afternoon. From a UK perspective, online trading is available from 22.00 GMT on a Sunday evening to 22.00 GMT on Friday evening. All trading is performed either by phone or electronically. Profits are made by simultaneously buying and selling different currencies, betting on the rise and fall in value of the respective currencies.

With such easy 24 hour access, it is not surprising that more and more people are becoming involved in foreign exchange trading, or Forex, as the market is known. Equally there has been a massive increase in support services to enable potential investors to maximise their returns. Typically, many broking companies will offer a free demonstration account so that investors can gain some experience and build up a level of expertise without placing their initial capital at risk. At the point when a person feels sufficiently confident within the foreign exchange environment, they can then open a Forex account and start trading in this exciting and vibrant marketplace.

Forex Accounts Online

No other financial market in the world can match the scale of Forex which deals with international currency exchange. With an annual turnover rapidly approaching $4 trillion and non-stop 24 hours a day trading, Monday to Friday, Forex uses the global nature of the world’s financial markets, together with the international time zones to provide continual trading which, in the UK means universal access from 22.00 on Sunday to 22.00 on Friday. Profits are made by buying one currency while at the same time selling another, speculating on the fluctuation of the two currencies against one another.

Getting started in this vibrant market place is now relatively simple. A search of the internet will provide a large number of brokers who will enable you to open a Forex account and trade freely on the foreign currency market. Like any new undertaking, however, it is advisable to do some research into what you are taking on. This could not be simpler. Many brokers will provide online training services, mainly using video techniques to give you an insight into the common terms and processes of Forex. Most will happily set up a demonstration account to assist you in gaining knowledge of all aspects of the market at no financial risk until you are confident enough to open your own Forex account. There are also a number of websites which will help you choose which broker is best for you through user reviews and ratings.