Monday, July 7, 2008

ForexGen Introduces Currency Market


International currency market - Forex (from Foreign Exchange market) is the largest twenty-four-hour dynamically developing highly remunerative market in the world. The promising Margin Trading system is one of the most paying capital investing and business administering ways. Having originated in the 70-ies of the 20th century, it enabled a wide circle of progressive participants with not very big capitals to get income quickly by increasing the speed, turnover, number of deals and volume of trade. Trade with money for money and only for money (and these are the assets circulating on FoRex) has the lowest cost price of deals and the highest liquidity possible. Read more…
Practically in seconds, at any time of day you can buy or sell at the market price any amount of currency essentially exceeding the capacity of any other market. Already now, the total volume of this ever-growing, huge international market exceeds 3-4 trillion US dollars per day, which is 1-3 annual budgets of USA (for comparison: the volume of securities market on New York Stock Exchange is 300-500 milliard dollars a day only).The absolutely-highest-of-all-possible liquidity of trading operations is a strong attractive power for investors and speculating traders. It ensures the freedom to open or close positions of any volume practically at one and the same - currently available - market quote, with minimum spread.
The intensity and quantity of buyers and sellers ready for deals doesn't allow separate big participants to move the market in joint effort in their own interests on a long-term basis. Unambiguity and stability of quotes ensures essential continuity of price fluctuations, allows to execute orders-applications in a workmanlike manner and facilitates deal-making.Twenty-four hours a day, constantly, in any time zone, in all financial centers, throughout the working week except for weekends the work on the market is going on. There're always people who trade and banks that work, providing prices for deals at any moment, opening or closing your positions on the market. Active twenty-four hours a day uninterrupted access allows concluding deals, keeping track of and executing your orders, making quick decisions, reacting to events on-the-fly and, being ahead of others, getting better prices. It's an essential, risk-reducing strong and attractive advantage.The ability to keep open positions as long, as you wish, and lack of commission expenses for deals, except for small natural market difference - spread - between the bid and ask prices, essentially increases profitability of trade and traditionally lowers operating expenses, reducing the cost of deals, making it lower than on other financial markets.Deals with currency pairs allow to use any trends and to get big profit constantly, both with ascending and descending trends, for each position includes the act of buying of one currency and simultaneous selling of another. You can buy yen for euro, and pay for dollars with pounds. A sufficient selection of the most appropriate and quickly tradeable instruments in the middle of a large number of currency pairs allows to work confidently, understanding and using their interference in order to trade several currencies at a time.The progressive technologies of global interbank trade, absence of controlling and supervising institutions with all their charges and fees, unique opportunities opened up by Margin Trading without delivery lower the cost price of deal processing, which improves your working conditions.Freedom and perfect competition on Forex allows to do without any special place for trade, there're no limitations on currency fluctuations and trade never stops, no regulation, deals are concluded between the banks all over the world, via modern point-of-sale terminals (ReutersDealing, EBS) and by phone, while the prices are determined only by demand and supply, which calls forth strong trends and allows getting considerable profit.All these advantages provide exceptional earning opportunities and enable you to stay on the market all the time, combining the trade and your basic occupation, keeping track of all essential events and making deals.High dynamics of constant changes in demand and supply due to various events taking place all the time at high rate, free price fluctuations as well as the opportunity to trade in real time, in combination with the capability to get quick and significant speculative profit (in a few hours or even minutes) at low risks, brings new promising participants to the market, able to find their bearings quickly and wishing to make real profit by trading.

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