What is Forex Trading?

Ever wondered why this markets are called exchanges? The truth is nothing moves. they just exchange, For every 1 million u make, someone just lost a million, thats and exchange. (dun talk about how much the exchange gains from admin and transaction fees) Exchanges are regulated bodies controlled by laws, But I can't really say for the service providers. Foreign exchange requires a margin account to be opened, so yes you need to make a deposit. This margin account will allow you to leverage your money. 1:20, 1:50 or 1:100 ..different providers have different leverages. Thats just for a basic understanding of how the exchanges and accounts work.

yes, you can make money with forex trading and it is legal. forex is all about buying currency at a lower price to sell at a higher price and you earn the difference, or vice versa. many websites offer a complicated system and need deposit. there is a place you can learn forex trading for free and no need deposit, no cost at all. they give you virtual money to practice, and you also can earn money from referral commission. see : www.bizguide.cjb.net

You are in right 198112! To much people here are talking about Forex but they don't know anything! Forex trading is more difficult than other trading (like stock markets, bonds, funds, etc...). Trading into the Forex market you buy and sell worldwide money values (generally USD, €uro, GBP, Yen, CHF). The money value is changing every second and a good trader knows how and when buy or sell values generating income. But not rarely they fail and lose money. You need to have a lot of experience how is the financial world. After you need to know more about Forex. Here now I don't want to talk about techniques, etc, but only on few important things! With Forex you are not secure to earn money! The first thing to do is opening an account or in a bank or in a forex broker. Don't open where they offer you a little try for $ 500 or little more! You can easily lose your money! A serious account doesn't be openend with less than US$ 20,000. After you don't must see earning immediately. You need to see this investments on a medium period 4-5 years. I suggest to open a "managed account" where is the bank or the broker trading for you (you give them a percentage of your earning; generally 20%) and you can see in the panel what they are doing. Please don't believe to people who talk about fantastic earnings! For every person earning there are a lot losing! This is the rule! If you are interested to know more about I'll can tell you more, more about how to choose brokers, how to operate but please, you need to know these are only my experiences and what I think about! Here I don't want to push everybody to invest and to trade in the Forex market!

it's a kind of a foreign trading, if i have not mistaken lol.