Thursday, May 22, 2008

Foreign Exchange is the true term for what we commonly know as Forex Market or Forex Trading. Forex market is a non-stop cash market where currencies of different countries are traded. It is the largest financial market in the world and the trading is usually done by experienced brokers or middleman. Foreign notes are continually bought and sold all over the local and global markets. Since the forex underline conditions changes at any time, the traders' investments increase or decrease in value based upon currency movements.

The trading includes those of central banks, large international banks, financial institutions, multinationals, governments and private investors or speculators. The investor's goal in forex trading is to profit, of course. The market is a 24/7 5 times a week job that entails a lot form an investor, big or small scale alike. An online company eToro had designed a software platform for easy online forex trading. With eToro an investor can basically monitor, share and discuss your trading online.

The platform has two new arenas: Trade Box is for the seasoned trader and the Forex Trend arena will enable traders to see the ongoing trend of currencies. You can also socialize with fellow traders as the platform has a profile area - social and trading network rolled into one.The platform is free to download. Just click the link so may learn more about eToro.


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Posted by desperateblogger On 5/22/2008 03:17:00 PM No comments

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