Showing posts with label forex news. Show all posts
Showing posts with label forex news. Show all posts

Saturday, January 15, 2011

EXPLORE FOREX MARKET. ENJOY FOREX TRADING

Welcome to LiteForex forex trading company, your reliable currency market provider and one of the steadily developing online brokers since 2005.

Forex for beginners (including education) is an essential corporative LiteForex branch aimed to popularize currency dealing service. For newbie traders only starting to learn the secrets of forex trading, LiteForex offers mini and micro accounts. These accounts have extremely low deposit level for gaining real trading experience with the minimal risk. Moreover, we first created Lite and 100K Lite accounts with a deposit of only $1!



We’ve passed a long way since then gaining respect and authority among forex traders across the market. Many of them, who started working with cent accounts, manage sizable capital assets nowadays and use powerful forex trading strategies. They demonstrate not only professional competence but also confidence in our forex broker company.

Today LiteForex offers its customers the widest spectrum of services, from micro forex to investment and management of huge funds along with qualitative 24/5 maintenance and support.

We provide our clients with the next-generation forex trading platform designed for operating in forex / CFD markets. MetaTrader 5 (MT5) is a serious advantage for traders interested in currency and stock tools. Trading possibilities of new MQL5-based forex platform have been significantly extended comparing with MT4.

Another option by our forex broker is a Multirebate Service. When making a transaction in the forex market, traders pay the difference between bid and ask prices (spread). LiteForex gives back 1,5 forex pips of spread from each transaction to traders participating in the Multirebate Service. In other words, your deposit can be funded with real money that you can use in further forex trading or withdraw from your account.

Aiming to make the trading process accessible for everyone, our forex broker offers daily market information as well. Forex news and analytics by LiteForex are used by traders as an additional help for forex trading decisions.

LiteForex broker constantly grows taking more solid positions in brokerage processing services. And cooperation with both traders and forex partners is the most important component of our success. We offer stability and confidence in the future, a precious gift for those who operate on the quite risky forex market. Our customers value the highest liquidity of the forex trading, immediate transaction execution and the atmosphere of mutual confidence – all this was successfully formed within several years. Finally, being open to your suggestions, we always try hard to make your forex trading process even better.

Friday, January 14, 2011

Forex Market Today

What is forex?
Briefly, forex is the exchange market. If try to give more specific definition, it will sound like, it is the international currency market forex (forex – Foreign Exchange Market) – a set of operations on purchase and sale of a foreign currency and loans extension on specific conditions (sum, exchange rate, interest rate) which should be completed at specified date. Another indication of the exchange market is FX.



Currency trading has become the most common type of activity: up to four trillion dollars a day reaches a turnover on the global currency market forex, not less than 80% of all deals compose operations, which main target is to profit from the game on the difference in exchange rates. This game on the forex market attracts many participants: both financial organisations and individual investors, because according to experts, competent trader can get more than 1.000.000 dollars a year in salary and commission.
What drives the forex market.

The main moving factor on the forex market is the movement of capital between states. The state is always behind the back of the national currency. Other factors which influence on the exchange rate on the forex market is the balance of mutual payments, condition of national economics, predictions which are made on the basis of charts and technical analysis, as well as political and psychological factors. Price movements on the currency market do not stop even for a minute. Thus, on forex market in order to make a profit, you may make use of dozens of situations each day.

Influence of private traders on price range quotations of currency pairs are changed depending on a total sales result and purchase amount of different currencies. If to consider a simple example, then it will look like this: You go to a bank, sale the US dollars and buy euros on these money. Before you have completed the exchange, bank had 50% of dollars and euro in reserve. After you completed the operation of buying and selling the currency, the proportions of bank’s reserves changed and so the bank appeared to have more US dollars, because you had sold dollars to the bank and consequently fewer euros since you bought euros at the bank. As the result the bank bears risks which are concerned with a decrease in the dollar’s rate, in the amount exceeding the established proportion. That’s why the bank refers to a contractor and by means of an electronic auction sells surplus of dollars and buy euros, thus restoring the necessary balance.

This is exactly the way how to build relations on the forex market, some sell, others are buying and if the proposals for the purchase of a currency becomes more, in accordance with the principle of the market economy, the rate of the currency rises. In such a manner trends appear. Along with the organisations for which the participation on the foreign exchange market is a necessity, as in the case with the above mentioned example, there exist investment hedge funds and private traders, who trade on forex and earn hard cash and for them the exchange is just a way to get a money. The prime part of huge capitals in the world have been received exactly by the mean of stock exchange.

Today most of the investors who want to trade on the currency market understand that Forex investment trading is a tough job. For this reason online Forex investment is often done via trading account management. Want more info about Forex investment online and account management – please visit this site.