4 Kasım 2010 Perşembe

learn forex

FOREXTrader PRO includes a sleek user interface packed with advanced charting functionality and enhanced customization features that sophisticated forex traders need and deserve. Get our powerful trading tools, award winning forex research and advanced order types to help you place trades and manage your account.

Professional level charting
Our FOREXTrader Charts are fully integrated on the FOREXTrader PRO platform providing you with easy access and complete control. With over 70 technical customizable indicators and several chart types, we make it easy to analyze the market using technical analysis. Increase your efficiency with the ability to create an unlimited number of personalized charts. Dealing boxes are located directly in the charting window, allowing you to identify and execute trading opportunities instantly. Visually track your positions and orders from the charts, giving you maximum position management flexibility.

Expanded customization features
A fully customizable trading environment allows you to modify settings to meet your personal trading needs. Create and save layouts that suit your trading style or access our pre-set layouts for maximum ease. Our convenient tear-off windows ensure that you're never far from your next trade, even when working in other programs.

Award winning research and news
Access a full suite of in-depth market research directly from the FOREXTrader PRO platform. Streaming market commentary direct from our traders and real time news powered by Dow Jones keep you abreast of market developments as they happen. FOREXTrader PRO also offers one-click access to our proprietary award-winning research reports, such as Strategy of the Day and The Week Ahead.

Risk management tools
Automate your entry and exit strategies using conditional orders. Choose from limit, stop, If-Then, One Cancels Other, If-Then OCO and Trailing Stop. Toggle between click & deal trading and market orders in your dealing box preferences, putting you in full control of your trading strategy.


forex.com

forex

The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.[1]

The primary purpose of the foreign exchange market is to assist international trade and investment, by allowing businesses to convert one currency to another currency. For example, it permits a US business to import British goods and pay Pound Sterling, even though the business's income is in US dollars. It also supports speculation, and facilitates the carry trade, in which investors borrow low-yielding currencies and lend (invest in) high-yielding currencies, and which (it has been claimed) may lead to loss of competitiveness in some countries.[2]

In a typical foreign exchange transaction, a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market began forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of

  • its huge trading volume, leading to high liquidity;
  • its geographical dispersion;
  • its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
  • the variety of factors that affect exchange rates;
  • the low margins of relative profit compared with other markets of fixed income; and
  • the use of leverage to enhance profit margins with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding market manipulation by central banks.[citation needed] According to the Bank for International Settlements,[3] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007.

The $3.21 trillion break-down is as follows:

  • $1.005 trillion in spot transactions
  • $362 billion in outright forwards
  • $1.714 trillion in foreign exchange swaps
  • $129 billion estimated gaps in reporting