FOREX TRADING

When you want to start trading the Forex Market nobody is asking you for a diploma, a formal license or a proof of how many hours you have spent studying the Foreign Exchange Market and/or Banking Industry.

FOREX Trading is Economical and Start-up Costs are Low! You can open an account to trade Forex with as little as US$ 200 at he most brokerage firms. I personally do recommend Fenix Capital Management, LLC, which offers a state of art Trading platform, that allows you to place orders directly by clicking on the chart.

The Main Benefits of Trading the FX Spot Market are:

* YOU don't pay commissions or fees!
* YOU can trade 24-hours a day !
* YOU can trade up to 400:1 Leverage !
* YOU can have FREE Streaming executable Price quotes and live charts!

It is important to know the differences between cash FOREX (SPOT FX) and currency futures.

* In currency futures, the contract size is predetermined.
* With FOREX (SPOT FX), you may trade electronically any desired amount, up to $10 Million USD.
* The futures market closes at the end of the business day (similar to the stock market).If important data is released overseas while the U.S. futures markets is closed, the next day's opening might sustain large gaps with potential for large losses if thedirection of the move is against your position.
* The Spot FOREX market runs continuously on a 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.