Monday, August 27, 2007

What is quot;Forexquot; and can I trade US stocks on it? -

Are brokerage fees less? Is it safe? Forex is for trading currency, not stocks. it is very very risky. the margins are so high you can lose all your money in minutes. it is currency floats. they hide the fees in the quot;floatquot; so you don t have a per transaction fee per se, but you are paying more for it in the onset with the hope it goes up Hi FOREX stand for quot;Foreign Exchange.quot; It use to speculate on the exchange rate between two differents currencys. Ex: US$ vs Euro Euro vs Can$. You can t trade stock with a Forex account. Have a nice day. M.Theriault Montreal Canada 1) Foreign Exchange 2) No. 3) No. 4) Yes. No Forex is not a marketplace where you can trade US stocks. It is based on the trading of foreign currencies. It is the largest financial market in the world transacting over $2 trillion per day. It is open 24 hours a day, 5.5 days per week. The fees are not necessarily less, it depends alot on the size of your investment portfolio. It is not safe....for the inexperienced. However you can trade with free demo accounts to get the hang of it and there is quite a bit of free information available on the internet. Drop me an email and I will send you a free report that you may find quite useful in understanding Forex. Paul pupp52@yahoo.com if you want to know more about forex visit this blog, its teach you step by step to do it and useful tips and trick about it http://allaboutforex-faqs.blogspot.com/ Forex is foreign currency exchange. Buying and Selling of foreign currency pares not stocks. check this link its good http://buyingandsellingshares.blogspot.c... .

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