Forex

What is Forex?
Forex (Foreign Exchange) is the market where national currencies are traded against one another.
Modern information technologies have enabled individual investors (like yourself) to trade Forex online, creating off-exchange or over-the-counter currency trading (OTC Forex).Forex is one of the largest markets in the world. With 1 to 3 trillion US dollars traded every day, Forex trading volumes are 6 to 8 times larger than the trading volumes of all the stock exchanges worldwide combined.
What is Leverage?
Global currencies constantly fluctuate, but these fluctuations are not always significant. To multiply the buying power, leverage is offered on the OTC Forex. Forex Club offers leverage of up to 100:1. This means that for every dollar you invest, you receive the purchasing (or selling) power up to 100 units of another currency.
Leverage multiplies your purchasing power, which increases the potential for profit, but may also increase your risk exposure. When it comes to financial management, profits and risks are intrinsically related.
Is Forex Trading Risky?
The Forex market, just like any other financial market, can be risky if one does not follow a conservative trading strategy. Markets can move against you, just like in stocks or futures trading, and you can lose your entire investment. Therefore, you should not invest more than you can afford to lose. Forex Club does not recommend trading with a leverage of higher than 20:1, and invites you to follow our unique training program, which consists of 6 hours of online video training and practice trading on a demo account with 100,000 virtual dollars in it.
Forex Club values its customers. That's why we offer our training program absolutely free. Start now by watching the first video.
An Introduction to Forex
The video above is an introduction to our six-film series. It explores the whys and wherefores of international financial markets with an emphasis on the FOREX currency market. The film introduces the main market participants and the factors which contribute to fluctuations in exchange rates. The film also explains how it's possible for anyone to buy and sell currency on Forex in order to make a profit. Our introduction to Forex trading contains a wealth of useful information presented in an engaging manner, and is ideal for the novice trader and anyone interested in the workings of the Forex market. Sign up for free in the Member Area to find other great films which will teach you how to trade on Forex.