Monday, 21 November 2011

The history of Forex


The history of Forex

Back in prehistory, there was no concept of currency. A cow was a cow and a sheep was a sheep. People bartered goods for other goods. The problem was that when you traded ten sheep for five cows, you had to find somewhere to keep the cows. Cows are large; they don’t fit in your pocket. Something had to change.

Mesopotamia

Urban societies started to emerge in Mesopotamia about 5300 BC. Wealth was based on agricultural products – primarily grain. Grain was stored in temple granaries, and when people made deposits, they needed receipts – the receipt came in the form of a piece of metal.
By 3000 BC, this evolved into the shekel, a measure of barley. Shekels could be converted into metals such as copper, silver and gold.
Then, around 1700 BC, the Code of Hammurabi established formal laws in Mesopotamia. This included rules around the use of money in Mesopotamian society.
Money was born.

Currency Trading

Currency Trading
Start currency trading today and make money in the world’s largest financial market. Discover the benefits of online fx trading with Forex, the best forex broker in the industry:
  • Get access to fx trading tools designed for the best forex trader
  • No commission
  • Low spreads save you money on fx trading
  • Free demo account to learn currency trading
  • Start trades with as little as 2 cents
  • You choose the level of currency trading leverage: 1:10 to 1:500
  • Get rewarded with lucrative fx trading bonuses
  • Trade all major currency pairs
Join Forex and become the best forex trader you can be! Learn forex currency trading with a free demo account or open an Fx4u Cent Account and make trades beginning at just 2 cents. You’ll pay no commission and earn attractive bonuses – the more fx trading you do, the more you earn!
We give you access to our daily fx trading tips, letting you stay on top of the market and learn foreign exchange trading as you do. When you trade with Forex4you you can achieve forex trading leverage of up to 1:500, so you only need $20 to trade $10,000.
At Forex4you, we’re committed to offering the best forex trader services possible. Join today and see what we mean!

Friday, 2 September 2011

Knowledge Base - Five Best Ways to Make Money Online

Almost everyone has dreamed at one time or another of quitting the corporate world and still being able to pay the mortgage, put food on the table and take your family out to dinner occasionally. Thanks to the Internet, more and more people are able to accomplish the transition from wage slave to entrepreneur. While income may be lower than you are used to in your cubicle job, it's exciting to think that your expenses may be significantly lower as well. No more commuting costs, you can even be able to get rid of that second car. Just imagine a commuting time measured in seconds instead of hours. However, not every online money-making opportunity is equal. Here are five tried and proven ideas that allow you to make money online.

Thursday, 1 September 2011

Forex trading

Start forex trading today and make money in the world’s largest financial market. Discover the benefits of online fx trading with Forex, the best forex broker in the industry:
  • Get access to fx trading tools designed for the best forex trader
  • No commission
  • Low spreads save you money on fx trading
  • Free demo account to learn forex trading
  • Start trades with as little as 2 cents
  • You choose the level of forex trading leverage: 1:10 to 1:500
  • Get rewarded with lucrative fx trading bonuses
  • Trade all major currency pairs

Wednesday, 31 August 2011

How to make profit?

One of the most difficult things for forex beginners to understand is how you make profits trading currencies. At the same time, since we don't charge commissions, many people don't understand how we make money either.

Here are the answers!

How do you make money?

Let's take an example based on the graph below:

Tuesday, 30 August 2011

What Is Forex Trading - An Introduction

Forex Trading is trading currencies from different countries against each other. Forex is acronym of Foreign Exchange.

For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD.
How Does Forex Trading Work?