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What is Forex? | We have 469 free forex articles/answers for you.
What is Forex? | We have 469 free forex articles/answers for you.
Latest Articles
A Day in the Life of a Forex TraderAre you looking into breaking into the field of professional foreign exchange trading? Or are you already a forex trader doing it regularly? Either way, this article may be of interest to you. The forex trader is a different breed of human...
How To Read Forex Currency Pairs
The Forex market is known by its immense volume of transaction per trading day, and it is because of this that it’s impossible for a single of the market’s forces to noticeably control the market direction for any considerable length of time,...
Understanding Foreign Exchange and Online Trading Forex
For many people Forex trading or foreign exchange trading has become a real interesting area. They can either choose to practice this business as a part-time job or as a full-time job, either the traditional way or choosing online trading Forex....
What is a Forex Broker?
The Currency / Foreign Exchange market is the world’s largest and most dynamic market. Nearly $1.8 trillion is traded every day. The word Forex is derived from the words Foreign Exchange.A Broker is an individual or firm that acts as an intermediary between buyer and seller. Forex brokers are firms that deal in foreign exchange. The foreign exchange market is quite similar to the equity markets, except that typical forex brokers do not charge a commission. However, forex brokers are required to have a license.
Forex brokers earn money from the spread (also called “pip”). The spread is the difference between the prices at which a currency is bought and sold. A pip is the smallest price increment in a currency. For example, in Euro/US Dollar (EUR/USD), a move from 0.9008 to 0.9009 is one pip. In US Dollar/Japanese Yen (USD/JPY), a move from 127.41 to 127.42 is one pip.
Forex brokers can be compared on the basis of the spread they charge. Most forex brokers publish live or delayed prices on their websites so that the investor can compare the spreads. It is, however, necessary to
check if the spread is fixed or variable. Variable spreads appear small and attractive when the market is quiet, but when the market gets busy the forex broker widens the spread, meaning that the investor will gain only if the market is favorable.
Forex brokers are usually tied to large banks or lending institutions. This is because of the huge sums of money traded in the foreign exchange markets. Forex brokers are required to register with the Futures Commission Merchant (FCM), and are regulated by the Commodity Futures Trading Commission (CFTC).
A new trend among forex brokers is the emergence of online forex brokers, who offer trading facilities to “retail traders” using advanced technology. With these facilities, anyone with a computer and an Internet connection can trade in the forex markets. Forex Broker Info provides detailed information on forex brokers, forex trading and market makers, and other forex-related topics. Forex Broker Info is the sister site of Incorporating in Florida Web.
Written By: Eddie Tobey
 stv.tv | FOREX-Dollar rallies broadly, euro down as inflation weighs Reuters - ... Boris Schlossberg, director of currency research at GFT Forex in New York. "On the other hand, the Obama stimulus package has also helped the dollar. ... Mid−Day Forex Technical Report − Dollar Firm after Mixed Data FOREX-Dollar gains broadly, euro falls as data weighs FOREX-Euro falls as ECB rate cut expectations grow |
FOREX-Dollar boosted by Obama stimulus, ECB rate cut view Reuters - By Gertrude Chavez-Dreyfuss NEW YORK, Jan 5 (Reuters) - The dollar rose on Monday, boosted by increased expectations of interest rate cuts by major central ... |
 CEP News | Forex Market Update: Dollar Extend Gains Against Euro and Pound Daily FX, NY - Oil prices saw slight profit taking but Nymex crude futures still remained above $48. Gold prices continued to fall due to the weak dollar however, ... Market Overview by Forex Yard EUR/USD: "Too Late to Chase the Market…" TheLFB 2009 Forex Update |
Conmed cuts Q4 view on forex changes, sales volume drop Reuters - The company, which also cut its 2009 outlook, said the weakening of the US dollar had a positive effect on its operations in the first three quarters. ... |
 Best Syndication | Forex Trading Signals Well-Positioned for Gains in the New Year Daily FX, NY - ... in US dollar pairs will likely generated further gains in standing Momentum and Breakout trades, and elevated implied volatility levels on forex options ... A Basic Understanding of the Forex Markets Forex – Canadian Dollar Equals US Dollar A Few Things You Need To Know About Forex Trading |
FOREX:Ringgit Ends Easier Against Dollar Bernama, Malaysia - KUALA LUMPUR, Jan 6 -- The ringgit closed easier today against the US dollar as the greenback rallied on positive developments including a stimulus package ... FOREX: Ringgit Opens Lower Against Dollar FOREX: Ringgit Ends Easier Against Dollar |
 TopNews | Risk conditions weaken yen Forex Hound, NY - (If you cannot read the capcha, refresh the page) The comment will be reviewed by the Forex Hound Team before it is posted. Trading foreign exchange on the ... Dollar holds firm near 3-week high vs. yen Dollar mixed in Asia Dollar rises against yen in Asia |
 NumisMaster.com | Gold "Under Pressure" on New Year Re-Weighting, Dollar Strength ... BullionVault (press release), UK - International money market data, released late last night, showed net positioning against the US Dollar rose on the forex market last week, ... Gold Falls Despite US Fed and ECB Vow to Inflate Out of Recession |
 Ghana Broadcasting Corporation | FOREX-Dollar slides broadly, pound suffers in thin trade Reuters - By Naomi Tajitsu LONDON, Dec 30 (Reuters) - The dollar slipped against the euro and a basket of currencies on Tuesday as traders trimmed long positions in ... FOREX-Euro steady vs dollar, but set for full-year fall Dollar Declines as Israel-Hamas Conflict May Reduce Oil Supply Top Forex Trades for 2009 |
 TopNews | Taiwan dollar at 2-1/2-wk low, exporters support Reuters India, India - Volume on the main Taipei Forex Inc exchange was moderate at $954 million, lower than the $1.136 billion recorded on Monday. "Everyone suspects the central ... NT dollar drops on news that exports may slump further Taiwan dlr at 2-1/2-wk low on US stimulus, cbank |
