Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Results 1 to 3 of 3

Thread: Forex

  1. #1
    Senior Member
    Join Date
    Aug 2005
    Feedback Score
    Thanked 3 Times in 3 Posts

    Default Forex

    Hi just to check have anyone went into this, care to give any advise.

  2. Sponsored Links
  3. #2
    Join Date
    Sep 2012
    Feedback Score
    Thanked 1 Time in 1 Post


    Foreign exchange market (also called Forex of FX to shorten the name) is the oldest market in the world. It is also seen to be the largest one. Since currencies' primary market work 24-hours a day, Forex is also the largest market with highest liquidity. This is an interbank market carrying out spot (or cash) transactions. The currency futures market, to be compared with Forex is traded only 1% as much.

  4. #3
    Senior Investor Uncle Gober's Avatar
    Join Date
    Jul 2011
    Feedback Score
    Thanked 2 Times in 2 Posts


    The Forex market, like other securities markets, negotiates prices using a bid/ask system. A seller states an asking price and a buyer makes a bid. For wholesalers (banks, governments, and large hedge funds) the "spread" between bid and ask is usually only 1 or 2 pips. Retail brokers mark the spread up 3 to 20 pips and keep the spread as their fee instead of charging a commission like stockbrokers. The Forex trader tries to anticipate which way the currency exchange rate will move and "goes long" if she thinks a currency's value will rise against another currency. He "goes short" if he thinks it will fall. When Forex traders guess right and the change exceeds the spread, they make money.

  5. Sponsored Links

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Hi, are you interested in Forex investment?
    By maxtrader in forum Forex Trading / Day Trading
    Replies: 30
    Last Post: 09-06-2020, 06:40 AM
  2. Any good recommendatio of robot forex trading tool
    By superbait in forum Forex Trading / Day Trading
    Replies: 7
    Last Post: 27-02-2013, 03:25 AM
  3. Marketiva forex
    By lunatico in forum Forex Trading / Day Trading
    Replies: 1
    Last Post: 15-01-2013, 03:30 PM
  4. Wanted: forex trader
    By treck in forum Forex Trading / Day Trading
    Replies: 22
    Last Post: 01-01-2011, 03:59 AM
  5. Forex Investment
    By maxtrader in forum Forex Trading / Day Trading
    Replies: 32
    Last Post: 18-09-2007, 11:55 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Share |