0 Make Money By Forex Trading

Forex (foreign exchange market) is the world largest financial market which exchange 4 trillion dollars per day. The New York Stock Exchange only exchange a volume of $153 billion a day. That means this is a huge financial market and this is actually a interbank network.


With the advancement of the technology the currency trading has become more and more popular topic throughout the world. Now people can trade currencies even by staying at their homes by spending few hours on internet. The concept of currency trading as follows.

In Forex market you will exchange currency as pairs (EUR/USD). You buy or sell currency as pairs. Then you will predict whether the exchange rate will increase or decrease. If your prediction is correct you will have profit, if wrong you will loose money. Pretty cool, isn’t it. But you need a comprehensive knowledge on Forex indicators to determine the market behaviour and liquidity. Otherwise you will fail definitely.

Because of the Forex brokers who have given you ‘demo accounts’ with virtual money to practice under real market rates, you don’t want to loose your own money during your practice period. Then you can practice with virtual money until you get descent winning ratio. After that you can join with real money to earn for real. Some Forex brokers are used to hold challenges with virtual money. The people who learn highest profit with virtual money is granted by real money. By this way you can earn money without loosing any.

For Forex trading the only equipment you need is a computer and a high speed internet connection. Then you should download a Forex broker platform. There are thousands of Forex brokers throughout the world. At the same time I want to stress you this a highly profitable trading and this is not a scam. But you need to learn it carefully.