Friday, May 29, 2009

Why Should You Trade Forex???

WHY FOREX?

The Foreign Exchange Market is a non-stop Global Financial Platform with a daily turnover of USD 3.5 Trillion (source: Bank of International Settlements - www.bis.org). The FOREX market has become the world's largest financial market. Prior to the late 1990’s, with the large minimum deal sizes and rigid financial requirements, the FOREX market was not accessible to the retail traders or individual investors.

However, technological advances and the advent of the internet have finally made it possible for retail traders to engage in FOREX trading. In today's FOREX market, the dollar relentlessly fluctuates against the other currencies of the world. A number of factors, such as the decline of worldwide equity markets and declining world interest rates, have motivated investors to look for alternative investment opportunities.

The escalation in global trades and overseas investments has also led to scores of national economies becoming interlinked with one another. This interconnection and the consequential fluctuations in exchange rates have shaped a mammoth intercontinental market: FOREX.

For countless investors, this has presented attractive profit opportunities. The FOREX market offers unparalleled potential for rewarding trading in any market condition or any stage of the business cycle. These combined factors have brought about many advantages.

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