FOREX
Are you ready to join the thrill?Forex trading, the highly attractive marketplace, with a daily volume of 2.5 trillion dollars, has become the largest arena on earth. It’s about time that you, like millions of other individual investors, join this market, which is accessible for everyone worldwide, around the clock, from any computer. This Forex e-book has everything you needThis book shows you everything you need to know to start trading Forex. It addresses the reader at eye level, in a friendly and simple manner. Yet, it provides a professional study of the most popular techniques implemented today by Forex traders worldwide. This book offers useful and valuable background, including technical methods, trading tips, Forex glossary, chart reading, and financial indicators used in Fundamental Analysis. A word about this e-book’s approachThis book reflects years of experience in Forex trading and Forex platform operation, parallel to Forex education, including seminars, printed publications and academic studies. Such experience was brought to this book, to provide all levels of traders the training and the essentials of Forex trading. With the help of this guide, you will soon be ready to start trading Forex. In fact, you can start today, while beginning with small amounts and gradually obtaining the experience you need. We wish you success in your trading, and hope you find this book interesting, helpful and enjoyable.Finotec's mission is to provide an online Forex tradingsystem that allows clients to trade the Forex market easily and successfully. On top of dealing with the currency market, Finotec also specializes in crude oil and gold trading. Our online trading software is unique and traders wishing to buy and sell currencies, commodities, options and indices will find it very user-friendly. Whether the value of a currency pair goes up or down, traders may benefit from it. By using our online trading platform, clients also have access to real-time prices of stocks, indices, gold, silver and options.Trading with Finotec is easy: clients can register to our platform in 3 easy steps, and within minutes, they have access to the largest financial market in the world - around $3 billion in overall daily trade volume. Since forex practically never stops, the Finotec Forex Trading Platform is available any time of the day. Itoffers free technical analyses, charts (including Japanese candlesticks), graphs and indicators such as RSI and MA.Finotec provides clients with all the resources needed to increase your chances of making profit when trading Forex. To learn more about our Forex education programsWith the Mini Trading Platform, you can open an account with a minimum of $200.This system provides real-time prices in currencies, options, CFDs on all major indices, all of them on the same platform.The Mini Trading Platform provides live charts with tools like RSI and Moving Average. It also provides real time account equity.This system is perfect for someone who has little experience and wants to start trading with a small amount of money in an easy way via a User-Friendly System.Finotec Trading PlatformTo gain access to the Finotec Trading Platform, you need only open a Standard Account with a minimum of $10,000. The Finotec Trading Platform provides real-time prices in currencies, options, CFDs on all major indices, all of them on the same platform.The Finotec Trading Platform provides live charts with tools like RSI and Moving Average. It also provides real time account equity.With this Platform you can also place an order, receive news alerts by SMS and speak with a dedicated dealer who will assist you in market analysis and help you in all your decisions.This system is perfect from anyone who has market experience and is ready to start profiting from our state of the art trading platform.Forex TradingForexThe Forex market is the largest market in the world with daily reported volume of over $3 trillion making it one of the most exciting markets for trading. Finotec provides an online forex trading platform for individuals who want to speculate on the exchange rate between two currencies. In doing so, traders buy and sell currencies in order to achieve of making a profit when the value of the currencies changes in their favor.Quoting ConventionsCurrencies are quoted in pairs, such as EUR/JPY. If you buy EUR/JPY you have bought euros and simultaneously sold yens. You would do so in expectation that the EURO will go up relative to the JPY. If you think that the euro will go down relative to the JPY, you will sell EUR/JPY.Margin and LeverageThe margin is a deposit to ensure against trading losses. The margin requirement allows traders to hold a position much larger than the account value. Finotec's margin requirement is up to 0.5%. Its gives you a leverage of up to 200:1If you buy 200,000 USD/GBP, your margin used is $1,000. Usable margin are the funds available to open new positions or sustain trading losses. If the equity (the value of your account) falls below your margin used due to trading losses, your position will automatically be closed.Forex Trading StrategiesForex trading strategies intend to explain and elaborate the trend in Forex trading market by using technical and fundamental analyses. Finotec has created educational tools to learn about forex strategies. Enter the Finotec E-learning center to learn more about Finotec Education Program.SpreadCurrencies are quoted with a ask price and a bid price. For example EUR/USD quotes 1.2315/1.2320 (Bid/Ask). The spread is the difference between the two prices. Finotec is compensated for its services through the spread between the bid/ask prices