Senin, 13 Agustus 2007

Trading The Currency Market Worldwide


All of us would like to be "Financially Independent", would we not?

You could achieve this goal by working from home

People all over the world get involved in trading the currency markets and they do it mostly for the following reasons:

You can work from anywhere in the world

Due to the fact that the markets are available to everybody 24 hours a day one can actually trade form anywhere in the world. With Internet connections, your laptop, computer or even 3G enabled cell phone you can trade from anywhere in the world.

The markets are open 24 hours a day

Round the clock trading gives the trader the opportunity to trade within any time zone around the world.

The currency market is a 24-hour market. As a trader, this allows you to react to favourable/unfavourable events by trading immediately. It also gives traders the added flexibility of determining their trading day.

You can live and work anywhere in the world. You can be independent from routine and not answer to anybody.

Largest and most lucrative market in the world

If you add all the volume on all the stock exchanges in the world, it would still not get close to the volume on the Forex markets. Volume ensures that a trader will never be stuck with a position – if you want to buy there will be sellers and if you want to sell there will be buyers.

In excess of 2 trillion USD gets traded an a daily basis, this is more than all the other speculative markets put together and with 60 currency pairs available for trading daily it has a huge potential for day traders.

Unequalled volume and movement in the world

Together with volume a day trader needs volatility – price movement. The movement in the Forex market together with the gearing factor makes this one of the most lucrative markets in the world.

More currency than stock market shares are traded on a daily basis. There will always be buyers and sellers with the resultant opportunities to trade. You can also trade when the markets are moving upwards or downwards.

Offshore investment earning US Dollars

Most investors seek offshore investment opportunities. Currency trading not only offers you this opportunity but also enables you to grow your investment by substituting your investment with profit earned from trading.

Limited Capital required to start and operate this business

Unlike most other businesses Currency trading does not need extra money to grow your investment or substitute your business with cash to expand your new plans. You simply grow your investment or new plans by locking in profits from your trading account.

Limited infrastructure required

You only need your computer, set–up with the appropriate software and the necessary training to conduct your business. No offices and other costly infrastructure stretching your cash flow to the extreme are required.

Little or no staff required

In this business it is predominantly you and your computer and you have no staff, no labor problems, no cash flow planning, no salaries and wages, to be concerned about.

No stock

No business can operate without stock be it production or even stationery stock, this in itself is a huge expense to keep and protect and many hours are spent to control and check your stock... now you can conduct a business without these expenses.

No theft and shrinkage

No losses to be concerned about and investing huge amounts of money to protect yourself against potential losses from theft or shrinkage.

No opposition

Because of the volumes involved in this market you will always have a buyer when you want to sell your currency.

Almost paperless business

All transactions are logged into your computer through our unique trading software. You can watch your trading bank account while locking in profits during your trade.

Free and user friendly software

The trading software with charting is Windows based and you only need to click on an icon to activate the desired function.

Non- Simulated Demo trading account
With this account you will be in a position to trade on the real money markets using demo money. You will see real movements in the market and be able to trade them without risking real money.

Trading The Currency Market Worldwide

Trader’s Tips

In the hectic times we are living there are the individual that wants to learn the art of Trading, but just don’t have the time to do all kinds of Market Analysis and preparation.

For these individuals as well as all other Forex Traders, there is an alternative – Trader’s Tips

This is a service where Trading calls are given on a web site and the client can merely follow these calls as they are provide by Experts in the field.

It works as follows:

The Service has been divided into sections known as systems. These systems reflect different styles of trading based on certain account sizes ranging from a client with a small account, to the investor with a larger account size.

The client chooses the system best suited for his/her trading account and style, and logs into the specific site accessing the system.

The actual trade is easy to follow as an “Alert” is posted first followed by an entry, stop and Limit price. If no Entry is triggered, the Alert will be cancelled signaling that the client should now wait for a new “Alert”.

Before making the decision on which system to choose, the client may look at the Track Records of the different systems first. The client may now analyze these Track records to find the system with the right profile suitable for his/her account.

Trading The Currency Market Worldwide

Fees

Global Forex Trading charges no fees for opening or closing trading accounts, monthly maintenance or withdrawing of funds unless a wire transfer or overnight check is requested.

GFT offers 30 day free trails of DealBook360.

If you choose to withdraw funds form your account and you would like them sent to you via a wire transfer, a bank fee of $25 (within the US) and $45 (outside the US) will be deducted from your trading account.

Overnight checks may be mailed (within North America only) and a fee of $20 will be charged to your trading account.

For all return checks, a fee of $25 will be deducted from your trading account.

An account will be deemed inactive if no trading activity has ocured for a period of 60 days or more. A monthly inactivity fee of seventy-five dollars ($75.00), and any additional applicable fees will be charged to these inactive accounts. Accounts that have an equity balance of less than $1,000.00 and are deemed inactive will result in the disabling of trader’s account as well as the inactivity fee of seventy-five dollars ($75.00).

Optional ITX orders are charged a $10 USD commission fee per round turn lot.

We derive our income from GFT's trade spread (the difference between the bid and the ask prices). It is in our interest to ensure that traders are successful and profitable in order for us to make any money – Your success is our success.

Global Forex Trading offer 3 pip spreads on the EUR/USD and USD/JPY - GFT quotes the EUR/USD and USD/JPY at 3 pips wide during all of the active forex market sessions, and max 4 pips wide should liquidity dry up.