Trade the FOREX Market Instead of Other Markets?
The FOREX, or
Foreign Currency Exchange Market - is the largest financial
market in the world, 20 times the size of all the equities markets
combined or more.
In FOREX you only have to choose
between 7 of the major currencies in the world; these currencies
account for 85% of the three trillion plus dollars traded in
the FOREX market daily.
You can trade the FOREX market
from any place in the world where you have an internet connection,
24 hours a day, 5 days a week.
The FOREX market has been around
for 30+ years and was the first fully electronic market in the
world, thus it is very transparent.
In 1997 there was about 150,000
DAY traders in the world trading on the NYSE (New York Stock
Exchange). Today there are 45 million DAY traders trading (NYSE),
Options, Futures and other equities markets. There are only
about 500,000 traders in the world trading the FOREX, the majority
of these are banks, hedge funds and corporations; less than
250,000 individuals trade the FOREX.
In our opinion, the chance that
it will take 11 years for the FOREX market to have as many traders
as in the Equities markets is unlikely, because currency is
Seven major currencies in FOREX
versus 45,000 stocks in the NYSE. Less than 500,000 traders
in FOREX versus 7,000,000 traders in the NYSE. Our Preferred
Broker will make best efforts to fill your
trade at the price requested.
There is more money traded in
FOREX than in all other markets put together.
Less cost in commissions & fees trading FOREX than in other
Buy or sell in FOREX; it makes no difference; not so in the
FOREX market can be traded 24 hours a day opposed to other markets.
FOREX has superior transparency (you can tell what others are
NYSE has behind closed doors deals; less transparent in other
FOREX brokerage houses allow you
to open a $500. account; not so in the NYSE and other markets
(usually a $10,000 account is required).
FOREX provides higher leverage of your money than any other
financial market (e.g. 200:1 vs. 1:1 in the NYSE or 10:1 in
other markets). Keep in mind that leverage is a double-edged
sword, and can dramatically amplify your losses as well as your
profits. We believe that the NYSE is highly manipulated; you
have little control; it can be HIGH risk.
The FOREX has practically no manipulation; you have more control;
with proper education on Forex trading and implementing risk
management one could effectively learn to take profit from this
We view the FOREX as recession
proof because it has 4 trillion $ a day moving around the
world through the banking network. In our opinion, the FOREX
will not crash, disappear or “have a bad year”.
“While options and futures still
trade in record numbers, FOREX trading - the trading of international
currencies - is undoubtedly the fastest growing market segment
in the last year." --- Active Trader Magazine, October
2004. Now, seven years later, this fact is even more the
The Views and opinions represented in the provided web site
links and resources are not controlled by the RB (Referring
Broker) or the FCM (Futures Commission Merchant). Further, the
RB and the FCM are not responsible for their availability, content,
or delivery of services.
* Without proper risk management, this high degree of leverage
can lead to large losses as well as gains.