
Forex is the market for national currencies, which are traded against one another.
Modern information technologies have enabled individual investors (like yourlself) to trade Forex online, which gave a birth to off-exchange or over-the-counter currency trading (OTC Forex).
Forex is one of the largest markets in the world. With 1 to 3 trillion USD traded every day, Forex trading volumes are 6 to 8 times larger than trading volumes of the all stock exchanges worldwide.
What is Leverage?
Global currencies constantly fluctuate, but these fluctuations are not always significant. To multiply the buying power, leverage is offered on the OTC Forex. Forex Club offers leverage of up to 100:1. This means that every dollar in your deposit allows purchasing(or selling) up to 100 units of another currency.
[!] Leverage multiplies your purchasing power, which may increase potetial for profit and may increase your risk exposure. When it comes to the financial management, profits and risks are intrinsically linked.
Is Forex Trading Risky?
Forex market, just like any other financial market could be risky if one does not follow a conservative trading strategy. Markets can move against you, just like in stock or futures trading, and you could lose your entire deposit. Hence, you should not invest more than you can afford to lose. Forex Club does not recommend trading with leverage higher than 20:1 and invites you to take our unique training program which consists of 6 hours of online video trainings and practice trading on a demo account with 100,000 virtual dollars in it.
Forex Club values its customers.
An Introduction to Forex
This is the first video from our 6-film series. It explores the whys and wherefores of the international financial markets with emphasis on the FOREX currency market. The film introduces the main market participants and the factors which contribute to fluctuations in exchange rates. The film also explains how anyone can buy and sell currency on Forex in order to make a profit. An introduction to Forex trading contains a wealth of useful information presented in an engaging manner and is ideal for the novice trader and anyone interested in the workings of the Forex market
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