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What About Forex?

10:13 AM by , under

Forex is the name of one of the biggest markets in the world - Foreign Exchange (FX). Daily turnovers are achiving now 2 trillions of dollars. Quite a lot, right? Forex is OTC (Over The Counter) market - it means there is no one main place where all transations are processed. Financial operations are done by mobile phone, internet or global netowrk of banks.

In the past Forex was a market where "big fishes" were trading. Now it is available almost for everyone. It has a lot of advantages. Let me tell you some of them:

Easy access - you can start trading with even small amount of money and you can do it everywhere using internet or other mobile technologies.

Trading 24/day - forex is open from monday to sunday 24 hours a day.

Earning possibilities - you can get profit when currency trend is downward/upward.

Great profits - what is most imprtant, investors can get even 100% in few hours or even in few minutes!

I think Forex creates great opportunites and definitely is worth trying. However, investor should always remember about risk. You can earn a lot, but you can also loose.



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