Forex for Beginners The purpose of trade

Forex for Beginners

1. The purpose of trade

The purpose of trading in any market - to buy goods cheaper and sell dearer. Is no exception and the international currency market - Forex. The goods in this market are the exchange rates of different countries. Like any other commodity currencies have their price.

To perform calculations between partners in different countries, inter-state calculations, speculative transactions and so on, banks around the world on the Forex market make foreign exchange transactions. Depending on a variety of commercial, economic and other indexes, interest rates, central bank policy, time of day, preferences and expectations of participants speculation from many different causes, and mutual quotation, that is, currency prices are in continuous motion.

The task of a trader - to try to determine the direction of price change currency and buy the currency, the price of which increases, or sell the currency, the price of which falls and then, carrying back the transaction, make a profit.

Our Dealing you the opportunity to work with the software package AFM (Akmos FOREX Master), with which you are in real time, get headlines of various banks and the world's major exchanges - market participants Forex. At the same time you have a graph changes the current price of each currency, and also received fresh economic news, which directly or indirectly affect or may affect the future on the headlines. More information can be found with the AFM, after reading user manual .

And finally, you have a special live trading account, which allows you to buy and sell currency of your choice. In this case, although your trading account are U.S. dollars, you may begin its activities with the sale of the euro, yen and other tools without worrying that you did not buy them.