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Authorised by the Financial Services Board of South-Africa as an approved Financial Services Provider
CBI FSP 21606 Key Individual (Cat. 1.15 and 2.12)
Also registered at
PIC FSP 20878 (Cat. 1.8)
FPI AFP 200200549
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Welcome to the Forex Masters Websiteand to one of themost exciting business opportunities in the world -
FOREX TRADING!
Introduction to Forex Trading
Foreign Exchange is the simultaneous buying of one currency and selling of another. In other words, the currency of one country is exchanged for that of another.
The currencies of the world are on a floating exchange rate, and are always traded in pairs - Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve the trading of the major currencies - U.S. Dollar, British Pound, Euro, Swiss Franc, Japanese Yen, Canadian Dollar and Australian Dollar.
The Foreign Exchange market (FOREX) is the largest and most liquid financial market in the world with a daily turnover of over $2 trillion, more than three times the aggregate amount of the United States Equity and Treasury markets combined.
By comparison, the currency futures market is only one percent the size of the Foreign Exchange Market.
In the past, the Forex Interbank Market was not available to small speculators due to the large minimum transaction sizes and often-stringent financial requirements. Banks, major currency dealers and the occasional huge speculator used to be the principal dealers. Only they were able to take advantage of the currency market's fantastic liquidity and strong trending nature of many of the world's primary currency exchange rates.
Today, foreign exchange market maker brokers are able to break down the larger sized interbank units, and offer small traders the opportunity to buy or sell any number of these smaller units (lots). These brokers give virtually any size trader, including individual speculators or smaller companies, the option to trade the same rates and price movements as the large players who once dominated the market. Market makers quote buying and selling rates for currencies, and they profit on the difference between their buying and selling rates.
Because of its high liquidity and volatility, the Forex Market offers traders numerous advantages over other markets ... See risk disclaimer below.
Because of its sheer size, liquidity, and speed... even tiny fluctuations in the currency markets can result in staggering profits. See risk disclaimer below.
Let me repeat that, because it is very important:
The FOREX market is so big -- and so liquid -- even tiny, almost imperceptible moves can result in million-dollar profits, literally overnight.
Here's an example of what I'm talking about. Back in 1991, George Soros made $1 billion in ONE DAY trading the British pound.
Now, that sounds incredible, doesn't it? An amazing amount of money to make in a single day.
But here's the thing: 1 billion dollars is a mere .03% of the DAILY FOREX VOLUME.
That's LESS THAN one-tenth of one percent. It's nothing... a drop in the bucket!
Yet most people assume for Soros to make his billion-dollar fortune, the market had to move in big leaps and bounds. But it didn't. His fortune was created on a tiny move!
Compare that kind of movement with the stocks you own. Would a .03% uptick in the price of your shares make you a millionaire?
Ignoring the currency market means letting money sit on the table. It's a big mistake. The truth is, the FOREX market is so vast that it's easy for staggering sums of money to get lost in the cracks... only to be picked up by savvy individuals who understand how the game is played.
* Please read the risk disclaimer at the bottom of the page.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The products and services discussed on this website are not solicited to US customers.
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