Forex Margin Blog
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September 4, 2008
Finexo forex company introductio(from finexo website)
it's a premier provider of online Forex services, was founded in 2003 by veterans of the banking system, derivatives trading, capital markets, and most importantly, the Forex market. In 2004 Finexo became a White Label of Saxo Bank. Today, Finexo’s management consist of career focused individuals, each with diverse experience in business, finance, economics, mathematics, media and management, giving Finexo a combined depth of knowledge and experience. Finexo believes that the Forex market is not only for experienced traders. Therefore, we have created a simple, user-friendly trading platform, that is perfect for those seeking an entry-point into the foreign exchange market without prior knowledge. This philosophy is expressed in Finexo’s desire to improve the skills of its clients, and by providing trading recommendations and market updates on a daily basis. Finexo understands how important it is for a trader to be able to access large amounts of information from around the globe as quickly and efficiently as possible. Hence, everything that is traded on Finexo's platform is connected to the largest banks and exchanges in the world, which drastically reduces liquidity concerns. Clients follow their portfolio's progress in real-time, 24 hours a day, either via the internet or via Finexo's dealing room, allowing them to maintain complete control over their funds. Finexo is also proud to offer complete money-managed accounts for higher volume clients. Finexo's clients can deposit funds in to their accounts via credit card, MoneyBookers, e-Bullion, and/or wire transfer, adding tremendously to account flexibility. Regardless of deposit type, security is of the highest priority, and advanced precautionary measures are taken to safeguard the clients' personal information, financial assets, and trading environment. Finexo continually strives for excellence and originality, putting forth innovative ideas to maintain and enhance its role as a market leader.
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08:29 PM Aug 04 2010 |
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harry123s
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September 4, 2008
The online trading environment for foreign exchange encompasses the largest, most dynamic capital market in the world with more than USD 1.5 trillion traded daily. The Forex market is a continuous, 24/5 marketplace open from Sunday afternoon (4 PM EDT) through the close of the US markets on Friday (5 PM EDT). The Forex market is where investors can trade one currency against another currency.
August 18, 2008
When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit. An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.
However, it is estimated that anywhere from 70%-90% of the FX market is speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency.
