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What is Forex



FOREX
(FOReign EXchange market) is an international foreign exchange
market, where money is sold and bought freely.Forex is open 24 hours a
day, and the currency exchange operations are maintained throught
working days of the week.Almost every time zone (London, New York,
Tokyo, Hong Kong, Sydney) has dealers willing to quote currencies.

FOREX
is a more objective market, because if some of its participants would
like to change prices, for some manipulative purpose, they would have to
operate with tens of billions dollars. That is why any influence by a
single participants in the market is practically out of the question.
The superior liquidity allows the traders to open and/or close positions
within a few seconds. The time of keeping a position is arbitrary and
has no limits: from several seconds to many years. It depends only on
your trading strategies. Although the daily fluctuations of currencies
are rather insignificant, you may use the credit lines, that are
accessible even to currency speculators with small capitals ($ 1,000 -
5,000), where the profit may be impressive.

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