Monday, 12 July 2010

What is Forex Trading and How to be a sucessful forex trader

Forex (Foreign Currency Exchange) is a rapidly developing business and now it makes business with a daily turnover of around $ 3 trillion. One of the main advantages of forex trading is whenever a trader needs; he can change the money in to any desired currency within no time. Yes high liquidity is the main advantage of forex marketing. And the interesting factor is that he or she should not wait for the market to be opened, because the market is open for all 24 hours a day and closed only weekends. This is the main advantage of forex trading , when we compare it with stock market.

At present the information technology and internet is in advanced stage and it is convenient to trade with a single mouse click. All forex brokers are well advanced and they made it convenient to trade through internet with a high speed and lowest tension. You should not make a phone call or a detailed time consuming searches for information about forex, all required information are available with the trader’s platform itself.

eToro Makes you a Hero in Forex Trading Free of Cost.

eToro is a perfect forex trading platform. It gives all information to help a trader whether he is new or an expert trader. You can avail all required training and help in the site itself. They are providing  free online training with a demo trading account with virtual money. They provide $ 2000/- as virtual money for all free newly joined person. We can trade with this virtual money till we became an experienced trader. They give all directions and guidance as an actual trader and you can learn forex trading slowly with the help of this demo account.

Whenever you feel that you are an efficient trader then only you should start trade with your own money. The interesting thing is that even if you are not highly educated you can make money from forex trading with the help of eToro. Anybody who can operate a computer and internet can trade forex with the help of eToro.

You can invest money a minimum of $50 through PayPal account, credit card, net banking etc. when you wish to start real trading. They allow you a bonus up to $1000 according to the amount of money you invest in first time.

eToro allows you:-

To monitor your trades with ease by watching creative visualizations of your trading activity,

To test your skills and strategies by trading with live rates, without any risk.

To compete against fellow traders for cash prizes and no entry fees.

To trade with precious metals such as Gold and Silver without any difficulty.

You can enjoy real time immediate execution with all your trades using the Webtrader that doesn't require the platform download. And also can look at what currency pairs eToro's top 100 traders are trading at the moment, and use the inside info to your advantage!

Download eToro for FREE and join a fast growing forex community.

Strat Forex Trading With a Free Demo Account

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