Mini Forex at Forex Trading Guide

Main Mini Forex sponsors

Mini Forex

Welcome to Forex Trading Guide

Article

"How To" Start Trading The Forex Market? ( Part 2)

Martin Maier

Why is FOREX trading so popular?

Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection).

If you have or like to travel, take your laptop with you and you can trade the FOREX anywhere in the world where you have an Internet connection.

When you want to start trading the Forex Market nobody is asking you for a diploma, a formal license or a proof of how many hours you have spent studying the Foreign Exchange Market and/or Banking Industry.

FOREX Trading is Economical and Start-up Costs are Low!

You can open an account to trade Forex with as little as US$ 200 at he most brokerage firms.

I personally do recommend Fenix Capital Management, LLC, which offers a state of art Trading platform, that allows you to place orders directly by clicking on the chart.

The Main Benefits of Trading the FX Spot Market are:

YOU don't pay commissions or fees!

YOU can trade 24-hours a day !

YOU can trade up to 400:1 Leverage !

YOU can have FREE Streaming executable Price quotes and live charts!

It is important to know the differences between cash FOREX (SPOT FX) and currency futures.

In currency futures, the contract size is predetermined.

With FOREX (SPOT FX), you may trade electronically any desired amount, up to $10 Million USD.

The futures market closes at the end of the business day (similar to the stock market).If important data is released overseas while the U.S. futures markets is closed, the next day's opening might sustain large gaps with potential for large losses if thedirection of the move is against your position.

The Spot FOREX market runs continuously on a 24-hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.

Dealers in every major FX trading center (Sydney, Tokyo, Hong Kong/Singapore, London, Geneva and New York/Toronto) ensure a smooth transaction as liquidity migrates from one time zone to the next.

Furthermore, currency futures trade in non-USD denominated currency amounts only, whereas in spot FOREX, an investor can trade in almost any currency denomination, or in the more conventionally quoted USD amounts.

The currency futures pit, even during Regular IMM (International Money Market) hours suffers from sporadic lulls in liquidity and constant price gaps.

The spot FOREX market offers constant liquidity and market depth much more consistently than Futures.

With IMM futures one is limited in the currency pairs he can trade. Most currency futures are traded only versus the USD.

With spot FOREX, you may trade foreign currencies vs. USD or vs. each other on a 'cross' basis, for example: EUR/JPY, GBP/JPY, CHF/JPY, EUR/GBP and AUD/NZD

More and more well informed investor and entrepreneurs are diversifying their traditional investments like stocks, bonds & commodities with foreign currency because of the following reasons: (will be continued)

RISK WARNING:

Risks of currency trading: Margined currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis (up to about 400 times your account equity). The funds in an account that is trading at maximum leverage may be completely lost if the position(s) held in the account experiences even a one percent swing in value, given the possibility of losing one's entire investment. Speculation in the foreign exchange market should only be conducted with risk capital funds that, if lost, will not significantly affect the investors financial well-being.
About the Author

Veteran Trader Martin Maier Founder of Fenix Capital Management, LLC http://www.fenixcapitalmanagement.com He is the developer of various futures and commodities trading programs and his systems have been ranked and rated by various large American Investment Profile Rating Companies such as STAR and MAR

Mini Forex News

mini forex

Go to the new RSS page and renew your subscription.]]>

IMPORTANT: Bing News RSS feed has moved!

Review We had a short entry for the E-mini S&P on Friday at 1324.75. We were expecting some decent US GDP numbers to allow the S&P to rally back up to our entry point, however the GDP figure came in worse than expected at 2.8% and so in ...

On Friday, the euro rose to a near 7 week high against the dollar

Review We had a short entry for the E-mini S&P on yesterday at 1306.75 as we were very much expecting the negative sentiment downward trend to continue ahead of the EU summit. Unfortunately, the price action didn’t quite reach our entry as the ...

Yesterday the currency pair continued to fall in the afternoon

ITFX MT4 Trader offers 24/5 hours online forex currency trading and believes in fast execution without delays. The platform and company caters to the need of every class of investors from elite to medium. InvestTechFX has mini accounts starting at $100 USD ...

Secured Online Forex Trading – The Latest Online Security Information

The most striking observation at the current juncture is the non confirmation between the Nasdaq (e-mini future) and S&P (e-mini future ... dailyfx.com Jamie is the author of Sentiment in the Forex Market. DailyFX provides forex news on ...

Stock Intermarket Divergence Suggests Market Surprise

The 34.03 barrier has been recast as support, with a push back below that targeting 32.78. Daily Chart - Created Using FXCM Marketscope 2.0 COMEX E-Mini Copper (NY Close): $3.782 // -0.060 // -1.56% Copper fell yesterday after SouFun Holdings ...

Crude Oil, Metals Likely to Rise if US Jobs Data Stokes QE3 Bets

China’s Gold/Forex ratio only stands at 1.7% ... price when only 1 % of the Customers in Agriculture Bank of China (3.2 million) purchased one mini contract of gold and silver? A 10 ounce Gold mini contract times by 3.2 million is equivalent ...

China, PAGE and Gold: Prepare for a new world

InvestTechFX, a non dealing desk (NDD) online forex firm did highly indicate that the mere threat ... through a comprehensive account groups system including scalping, mini/micro, and interest-free account groups. For more information on InvestTechFX ...

OIL - $150.00 a barrel around the corner?

A break below that region targets a rising trend line now at 31.55. Daily Chart – Created Using FXCM Marketscope 2.0 COMEX E-Mini Copper (NY Close): $3.826 // -0.064 // -1.65% Not surprisingly, highly cycle-sensitive copper prices are mounting ...

Crude Oil, Metals Gain As Risk Appetite Recovers But Rally Vulnerable

The 33.30 mark has been recast as support. Daily Chart – Created Using FXCM Marketscope 2.0 COMEX E-Mini Copper (NY Close): $3.902 // +0.072 // +1.88% Copper prices continue to show a strong relationship with broad-based risk appetite trends ...

Forex Trading Guide - Mini Forex Section

Mini Forex Navigation

2005 Best Seller!

Best Mini Forex products