Business

Tired of giving money to your broker and feeling broker? Well, outperform him or her. Currencies don’t crash. They outperform stocks. Earn immediate income and stop worrying about job security and layoffs forever.

WHY YOU SHOULD GIVE THE FOREX A SECOND LOOK
- Large returns
- Currencies trend well.
- There are no commissions.
- US$6 trillion a day and growing
- The forex is a very efficient market.
- High leverage: Each pip is worth US$10
- There is lots of movement in this market.
- You can trade 24X5 from home or anywhere.
- Little capital is required – as little as US$500.
- You can easily start out by taking 20 pips a day.
- You can trade whether you have a day job or not.
- You can hedge at FX Solutions. Not all market makers allow this.
- All you need is an Internet connection; charting/dealing software is free.
- This is real-time trading; 2.5 to four second response time; rare re-quotes.
- Low lot size: 100 to one ratio; US$100 controls US$10,000 (1,000 = 100,000)

RISKY YOU SAY?
Is forex risky business? Comparing trading the forex to other forms of trading, you will find that from a risk/reward standpoint, forex trading provides respectable returns.

THE STRAIGHT SKINNY ON THE “FX” OR FOREX MARKET
The currency (foreign exchange) market is the largest and oldest financial market in the world. It is also called the foreign exchange market, or "FOREX" or "FX" market for short. It is the biggest and most liquid market in the world, and it is traded mainly through the 24 hour-a-day inter-bank currency market - the primary market for
currencies. The forex market is a cash (or "spot") inter-bank market. By comparison, the currency futures market is only one per cent as big.

Foreign Exchange simply means the buying of one currency and selling another at the
same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always
traded in pairs - Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily
transactions involve trading of the major currencies - Australian Dollar, British Pound, Canadian Dollar, Japanese Yen, Swiss Franc, and the U.S. Dollar.

Unlike the futures and stock markets, trading of currencies is not centralized on an
exchange. Forex literally follows the sun around the world. Trading moves from major
banking centres of the U.S. to Australia and New Zealand, to the Far East, to Europe and finally back to the U.S.

In the past, the forex inter-bank market was not available to small speculators due to the large minimum transaction sizes and often-stringent financial requirements. Banks, major currency dealers and the occasional huge speculator used to be the principal dealers. Only they were able to take advantage of the currency market's fantastic liquidity and strong trending nature of many of the world's primary currency exchange rates.

Today, foreign exchange market maker brokers such as FX Solutions are able to break
down the larger sized inter-bank units, and offer small traders the opportunity to buy or sell any number of these smaller units (lots). These brokers give virtually any size trader, including individual speculators or smaller companies, the option to trade the same rates and price movements as the large players who once dominated the market. Market makers quote buying and selling rates for currencies, and they profit on the difference between their buying and selling rates. (Peter R. Bain and Dr. Brent Strouse.)