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What Is Forex Trading?
Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit. With a capital of $1000, one can make about $10,500 trading forex currency pairs weekly.
How do I start?
All you need to get started is a computer or smartphone with internet access and a trading accounts with a FOREX broker. On the FOREX market one currency is exchanged for another. The single most important thing with respect to the FOREX market is the exchange rate between two currencies (a currency pair).
Is Forex A Good Investment?
Forex is a very good investment compared to stocks. ... Forex does not have to look for a buyer to take your position out, any time the trader wants, the trade can be closed, even during trading hours. For investors, Forex is a good way to make a nice ROI (Return On Investment) but it can also take risks with it, especially for an inexperienced person.
Is Forex Trading Legal in America?
It is perfectly legal for individual American residents to trade the Forex Market, either through a local or overseas broker. When trading through a local broker it is possible to trade with their local denominated currency but the most common method of payment is the crypto method.
Is Forex Trading Legit?
Forex itself is a legitimate endeavor. You can engage in forex trading as a real business and make real profits, but you must treat it as such. With real work and time invested, you can have a profitable, legitimate forex business. Like any other real business.
Here are your lowest possible earnings in 3 weeks of trading.
Invest $1000 profit from $10,000-$20,000
Invest $2500 profit from $45,000- $80,000
Invest $5000 profit from $100,000-$150,000 (platinum Gold )
Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit. With a capital of $1000, one can make about $10,500 trading forex currency pairs weekly.
How do I start?
All you need to get started is a computer or smartphone with internet access and a trading accounts with a FOREX broker. On the FOREX market one currency is exchanged for another. The single most important thing with respect to the FOREX market is the exchange rate between two currencies (a currency pair).
Is Forex A Good Investment?
Forex is a very good investment compared to stocks. ... Forex does not have to look for a buyer to take your position out, any time the trader wants, the trade can be closed, even during trading hours. For investors, Forex is a good way to make a nice ROI (Return On Investment) but it can also take risks with it, especially for an inexperienced person.
Is Forex Trading Legal in America?
It is perfectly legal for individual American residents to trade the Forex Market, either through a local or overseas broker. When trading through a local broker it is possible to trade with their local denominated currency but the most common method of payment is the crypto method.
Is Forex Trading Legit?
Forex itself is a legitimate endeavor. You can engage in forex trading as a real business and make real profits, but you must treat it as such. With real work and time invested, you can have a profitable, legitimate forex business. Like any other real business.
Here are your lowest possible earnings in 3 weeks of trading.
Invest $1000 profit from $10,000-$20,000
Invest $2500 profit from $45,000- $80,000
Invest $5000 profit from $100,000-$150,000 (platinum Gold )
If you interested send me an email mpandolfelli53@gmail.com and we can communicate further. Thanks
- Location: Allentown, PA
- Poster age: 68
- Posted: Tue 14 September