What is "Forex" and can I trade US stocks on it?
Question:
Answer:
Forex is for trading currency, not stocks.
Hi
FOREX stand for "Foreign Exchange."
It use to speculate on the exchange rate between two differents currencys. Ex: US$ vs Euro Euro vs Can$.
You can't trade stock with a Forex account.
Have a nice day.
M.Theriault
Montreal Canada
it is very very risky. the margins are so high you can lose all your money in minutes. it is currency floats. they hide the fees in the "float" so you don't have a per transaction fee per se, but you are paying more for it in the onset with the hope it goes up
Hi,
Forex is a short form of foreign exchange. It has no connection with stock trading. You can visit http://forex.checkouttoday.info... for some useful tips and info related to your query. Good luck!
No Forex is not a marketplace where you can trade US stocks. It is based on the trading of foreign currencies. It is the largest financial market in the world transacting over $2 trillion per day. It is open 24 hours a day, 5.5 days per week.
The fees are not necessarily less, it depends alot on the size of your investment portfolio.
It is not safe.for the inexperienced. However you can trade with free demo accounts to get the hang of it and there is quite a bit of free information available on the internet.
Drop me an email and I will send you a free report that you may find quite useful in understanding Forex.
Paul
pupp52@yahoo.com
1) Foreign Exchange
2) No.
3) No.
4) Yes.
The FOREX market is the world's major financial market. More than $2 trillion changes hands every day! That is greater than all US equity and Treasury markets combined! The worldwide FOREX market is entirely different from other financial markets as it does not have any centralized location. Moreover, it is a global electronic network of banks, financial institutions and individual traders that are involved in the buying and selling of national currencies. Normally by tradition, access to the FOREX market has been restricted to banks and major financial institutions. With recent advances in technology, however, the FOREX market is now available to everybody, including individual traders with smaller accounts.
For an easy strategy that is changing the face of the Foreign Exchange Business with - No Classes – No Guesswork – No Charts – No Graphs – go to http://www.getforexed.com
if you want to know more about forex visit this blog, its teach you step by step to do it and useful tips and trick about it
http://allaboutforex-faqs.blogspot.com/...
Forex is foreign currency exchange. Buying and Selling of foreign currency pares not stocks.
check this link its good
http://buyingandsellingshares.blogspot.c...
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