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February 15, 2008, Newsletter Issue #41: What is Forex Trading?
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Tip of the Week
FXClub.com Tip: Forex is short for Foreign Exchange, and Forex trading refers to trading foreign currencies - taking advantage of the fluctuations each experiences against the others.
The Forex market is the largest in the world, with trades amounting to $1.5T USD every day. It is an exciting market to learn and participate in, and presents many challenges for the new, as well as seasoned investor.
Although it is similar to the stock market in many ways, trading is not conducted on a central exchange, but on an interbank market - which is considered "over-the-counter" trading. Trades are conducted directly between the two parties trading currencies.
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About LifeTips
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Exclusive Sponsor
Greetings,
Forex Club is excited to announce a special program. When you open a new trading account we will deposit $100 on it to help you to get started with Forex trading. Since there are no fees to open an account, in essence, this means that you can start actual forex trading without spending a single dollar. Sounds like a pretty good deal, does not it? This is way better than a demo account. You can find out details about this promotion program here: http://www.fxclub.com/incentive
Thank you for your interest and good luck! Forex Club, New York
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