Tuesday, May 1, 2007

Please read before you invest in forex

What is forex trading?
Forex is short for foreign exchange, and foreign exchange trading is the act of buying or selling one currency with another. Sometimes US Dollars are bought with British Pounds, and other times Yen are bought with Euros. There are many different currencies traded, although a few combinations are traded most heavily because they are backed by large economies, and because they have the greatest number of factors affecting their value against other currencies. These ‘Majors?usually present the greatest opportunities, because their values fluctuate the most.

Can I trade forex?
Yes, you can. There are many brokers that offer almost anyone the ability to trade forex by themselves. It’s important to consider, however, that more than 90% of private forex traders lose their money. Unless you know what you’re doing, forex can be a very great opportunity to lose money. With experience and a disciplined, strategic approach, it is possible to improve your chances for success.

Does Forex Solutions hold my money?
No. When you open an account with FCM broker you transfer your funds directly to the broker’s custodian bank. So Forex Solutions is not permitted to receive any money or any form of money as deposit. We don’t accept any deposits. Client open account with the FCM directly and deposit funds with them directly.

What are the risks of losing my money?
As with any type of investment, there are risks. Forex trading contains high risk of loosing money This is suitable for people who can take above-average risk. Before deciding to participate in any form of forex trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. The important legal side of this is covered in RISK DISCLOSURE. Please read carefully and discuss with your financial advisor carefully before you invest.

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