Forex Basic for newbie

Why foreign currency transactions?

Here are the advantages and value of the Forex market, is the reason why people choose transactions in this market:

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No service charge: No exchange fee, no fee payment, not government fees, no brokerage fees. Brokers will be deducted from the cost of transactions through the points "bid-ask" (average 3-5 pips)
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Not through a set of commands: Transaction currency without intermediaries and allow customer transactions directly with the market and updated information directly on price and exchange rates of currency pairs.
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Unlimited transactions in other markets the transaction is limited by the rate of (for example the right to choose the future for gold is 5,000 ounces). In Forex, may be dealing with only one small $ 300.
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Low transaction fees: transaction fees for small accounts (bid / ask spread) is only about 0.1% with the conditions generally. Account the large transaction costs lower.
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Market transactions 24h: No waiting time markets opened and closed. Transactions at Branch from noon to 6 hours EST Friday, can say FOREX market never sleeps. This is a big advantage for those who want the transaction in time or the time most appropriate day, because you can choose any transaction time (morning, noon, evening or night)
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No one has the ability to market orientation: Forex market is too big and too many people involved who should not, whether the 1 bank, can control the value in the long term. The intervention of central banks only have effect in the short term and not effective. Central banks increasingly have less impact or interfere with the global market.
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Access (Access): Forex is open 24h/ngay from 6g pm Sunday to about 3g pm Friday. Those transactions individual can cope with the news when it was launch than waiting for the bell is the opening of the market when other people have the same information. This allows the transaction to join before the information is detailed analysis of the transaction. Liquidity and transactions 24 hours to allow the participants to the market and exit at any time. There are many Brokerage Forex distribution in each region, the center of the market (Tokyo, Hong Kong, Sydney, Paris, London, America, etc. …) is ready to continue offering price and sold.


to be continued !!....