How to earn money with Forex

Since it might be a bit complicated for a beginner to figure out how to make money in Forex, we offer you this example:
You believe that the Euro to US Dollar (EURUSD) rate will increase, and on your balance you got 2000 USD (fx4u-classic account). At the price of 1.2750 you buy 150,000 Euro for 150,000 * 1.2750 = 191,250 USD.
This is possible because of the credit, which allows you to make transactions worth 100 times more than funds available on your balance (in this specific case, the maximum sum available for transactions is 2000 * 100 = 200,000 USD).
After a period of time, the exchange rate increases. You sell 150,000 Euro at the rate of 1.2850 and get 150,000 * 1.2850 = 192,750 USD back!
Thus, after buying at a low rate and selling at a high rate, the difference 192,750 - 191,250 = 1500$ is your profit! You have earned 75% of initial funds in your account, while the rate increased just by 0.8%.

Another way of making a profit on Forex is based on the decrease of the quotation rate of the EURUSD currency pair:
Having created a real account with 200 USD in it (same type of account - fx4u-classic), you determine the upper and lower limits on the Euro to Dollar chart and sell 15,000 Euro (0.15 lot) at the upper limit for a price of 1.2850 (bid price) USD for 1 Euro, which equals 19,275 USD (15,000 Euro multiplied by the rate of 1.2850).
You have funds in USD in your account, but you can sell Euro using the automatic borrowing system. Hence, the company lends you 15,000 Euro free of charge, which you can sell by sending a selling request. Due to the leverage, the actual deposit is 100 times less than the sum sold: 15,000/100 = 150 euro. At a rate of 1.2850 this equals 192,75 USD. This very sum is going to be a deposit for a credit (marginal) transaction for your account. The maximum possible deposit in this case equals 200 USD.
Then during the day the price drops to the lower limit and you decide to buy 15,000 Euro at a price of 1.2750 (ask price) USD for 1 Euro, which equals 19,125 USD. The 15,000 Euro that you have bought are written off your account towards the repayment of the company loan, while the difference is left in your account.
Thus, due to the fall in the exchange rate you earn the difference between sold and bought, which is 19,275 - 19,125 = 150 USD. You managed to earn 75% (150 dollars) of your initial sum of 200 USD due to a rate decrease by 0.8% (from 1.2850 to 1.2750) in only one day.
The company takes a commission in the form of the difference between the ask and bid prices or spread, which in this example is 3 USD (spread of EuroDollar pair equals 0.0002 or 2 pips). More detailed information on terminology is in the Glossary.
In these examples, the spread is not taken into consideration while calculating percentages of rate changes because of its non-essential influence on the results. In the case of mircoForex or eGlobal-standard the calculations are similar with a difference only in account currency US cents for micro, USD for mini & standard. The consecutive use of the transactions shown gives the income of 75%+75% = 150%. In actual practice a much greater return may be achieved by using corresponding money management methods. Risk management methods also play an important role in trade.

Why Forex?

So what exactly is Forex, you ask?

It's the market. It's that simple.

More precisely, FOREX is a currency trading market, and it's one of the largest and most rapidly developing markets on the planet. Over 2.5 trillion dollars are turned over on Forex every single day. That's more than 100 times more than the amount turned over daily on NASDAQ. If you're intrigued, you can click here and get more detailed market information from E-Global Trade & Finance Group, Inc.

So, what's a market? Simple: it's a place where goods are traded. Forex is no different, but with one little twist: the goods traded on Forex are the national currencies of the world's countries. For example, on Forex you might pay in American dollars and buy some Canadian dollars. Or, you could sell your Euros for Japanese Yen. There's nothing more to it than that.

How do I turn a profit using Forex?

Again, the answer is obvious: just as with any market, you make money by buying low and selling high! Buy for less, sell for more! All you do is take advantages of fluctuations in the relative values of world currencies. Each currency's value changes every day in the currency exchange market. All you have to do is use these fluctuations to your advantage.

One thing we'd like to mention about currency exchange on Forex: on Forex, these daily fluctuations are actually 100 times greater than the actual fluctuation (for example, around 1%). Generally speaking, E-Global Trade & Finance Group, Inc. can offer trading ratios of between 1:10, 1:100, 1:200 and 1:500. So let's do the math: if the exchange rate of your given pair of currencies increased by just 0.6% over the last few hours, then you'll bag a profit of 60% on your original investment! All of this can happen over the course of a single business day, or as quickly as a matter of minutes.

And best of all, you don't risk losing anything more than your margin! There's absolutely no limit to your possible profits, but you never risk losing anything beyond what you originally invested.

And another thing: you have the power to choose your pair of currencies, and their amount, based on which way the market's headed, and still turn a profit. It makes no difference which way the exchange rate is headed, down or up, because you always have the choice of buying US dollars and selling Yen, or the other way around - buy Yen and sell US dollars. And no, you don't need to actually own any particular currencies, or "have" them in hand, in order to make transactions with them on Forex (to buy them or sell them).

So, just how do I get started?

You simply register with E-Global Trade & Finance Group, Inc. we offer the easiest and fastest registration out there, with absolutely no obligations. Once you're registered, just make a deposit of the margin amount you choose to begin trading with, and you begin trading on Forex. And only E-Global Trade & Finance Group, Inc. allows you to make your deposit with your credit card.

It just doesn't get any simpler. But if you do need assistance, we offer as much customer service and one-on-one training as you need. And with E-Global Trade & Finance Group, Inc., your help won't come from a computer, but from a living, breathing human being, who speaks your language.

How do I trade on Forex?

For starters, you simply choose which two currencies you want to make a deal with on Forex. You choose the amount of the deal you'd like to make (called the "volume"). You make a deposit to provide the collateral needed for the deal, called the "margin." In most cases, this is just a fraction of the overall amount of the deal? for example, 1%, or 1:100. You still have the power to "freeze" the deal for several seconds before you finalize it. Freezing allows you to adjust the terms or to accept them as they are. Or, you can call the whole thing off, and cancel the deal. Freezing is a feature offered exclusively by E-Global Trade & Finance Group, Inc. While your deal is still running, you have a so-called "open position." This means that you're able to follow your deal's status and scenarios online at any time. You can make changes to the deal's terms, or you can simply cancel it and either pocket any profits, or minimize any losses. What's more, E-Global Trade & Finance Group, Inc. allows you to set a "take-profit" rate. When and if the market reaches this rate, your deal will close automatically, allowing you to be away from your computer while you have an "open position."
Ready to learn more, or find additional training online. Just register with us, with no obligation, and we will lead you through the process step-by-step.

Click here to read success stories of real people.Happy trading with www.bestforex4you.blogspot.com

Benefits of Rolling Over to a Roth IRA

The most common question in the mind of the investors is that what is the main difference between Roth IRA and traditional IRA? The most basic difference is of the tax structure, but the main thing to know is that it is worth to roll over to a Roth IRA in order to maximize the returns on the retirement investments.Rolling over an IRA can be the most intelligent decision to achieve the target of maximizing the returns. Some of the facts are mentioned below which an investor must know about the Roth IRA:The main thing is that the investment earning of the person will not be taxed. Only the contributions are taxed but once the funds make an entry in the person’s account then he will ne escaped from the taxation.

Currency Trading - Forex

The Foreign exchange market, often referred to as FOREX, is the market for the various currencies of the world which makes it the largest financial market in the World with a daily average turnover of about $ 3 trillion usd. It is a market which at its core, is rooted in global trade. Goods and services are exchanged 24 hours a day all over the world. Transactions like that take place all the time Those transactions done across national borders require payment in non-domestic currencies. That is where the FOREX market comes in.