Forex Open Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Client should make an independent judgments as to whether trading is appropriate for him/her in light of his/her financial condition, investment experience, risk tolerance and other factors.
As a world-leading forex company that has received numerous awards for growth, technology and entrepreneurship, GFT truly is an innovative global foreign exchange provider. Since starting in 1997, we have built a loyal base of customers in more than 120 countries by drawing upon our expertise to provide exceptional software and services for trading forex.We deliver new trading solutions built for capitalizing on exchange rate movements that are simple to use, yet provide the value and sophistication expected from a worldwide leader. We demonstrate our commitment to our customers by having a presence in all major global financial centers, being regulated on four continents, and employing an international workforce of foreign exchange experts, all of whom are trained in the latest forex trading services.What Is Forex?"Forex" stands for foreign exchange; it's also known as FX. In a forex trade, you buy one currency while simultaneously selling another - that is, you're exchanging the sold currency for the one you're buying. The foreign exchange market is an over-the-counter market.Currencies trade in pairs, like the Euro-US Dollar (EUR/USD) or US Dollar / Japanese Yen (USD/JPY). Unlike stocks or futures, there's no centralized exchange for forex. All transactions happen via phone or electronic network. Forex is a leveraged product and carries a high degree of risk to your capital and it is possible to lose your entire investment. Only speculate with money you can afford to lose. This product may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary.
The global foreign exchange market is the biggest market in the world. The 3.2 trillion USD daily turnover dwarfs the combined turnover of all the world's stock and bond markets. There are many reasons for the popularity of foreign exchange trading, but among the most important are the leverage available, the high liquidity 24 hours a day and the very low dealing costs associated with trading. Of course many commercial organisations participate purely due to the currency exposures created by their import and export activities, but the main part of the turnover is accounted for by financial institutions. Investing in foreign exchange remains predominantly the domain of the big professional players in the market - funds, banks and brokers. Nevertheless, any investor with the necessary knowledge of the market's functions can benefit from the advantages stated above. In the following article, we would like to introduce you to some of the basic concepts of foreign exchange trading. If you would like any further information, we suggest that you sign up for a FREE Membership on this website, where you will be able to exchange views with other Forex traders and get answers to any questions you might have.