The foreign currency market, or spot market, known as FOREX is the largest, most liquid market
in the world. The FOREX currently trades at approximately $2 trillion dollars per day; this dollar volume dwarfs the value
of global equity trading which currently is only $25 billion per day.
The FOREX was made available to the average investor in 1998 has since become the fastest
growing market in the world, with a daily volume nearly 100 times the global exchange markets. This means that individual
investors are now able to trade the largest, most liquid market in the world, giving them access to the same profit potential
that major institutions have enjoyed for years.
Presently, some Fortune 500 companies are generating more profit by trading currencies
than on some of their base product lines! In 2003, DaimlerChrysler made headlines when it acknowledged that more than half
of its 2nd Quarter operating profit was a result of trading currencies.
Consider the benefits of FOREX trading:
· 100:1 Leverage
· The elimination of time value as in futures and options
· 24 hour
access
· No gaps or slippage (only during normal market situation) please refer to risk warning page for more explanation.
·
Zero commissions (FXCM is compensated for its services through the spread between the bid/ask prices.)
There is always the risk of loss in trading in any market. But with professional training,
ongoing live support and money management, risk has the potential to be reduced.
