Become a Trader and trade the FOREIGN EXCHANGE MARKET from anywhere in the world, previously only available to financial institutions.  By 2008 in excess of 20 million individuals like you will be trading currencies as a career. Currently in excess of USD 3 trillion is traded daily in the currency market and over 120 currency pairs trade daily thus giving phenomenal potential to currency speculators worldwide. Instead of attempting to choose a stock, bond, mutual fund or commodity from thousands available in these markets, Forex traders usually focus on a handful of currencies only. Become part of the largest and most lucrative market in the world, the money market, the market everyone wishes to participate in - register today for our free demo software. Click here to View Video on why you should trade with us.                                 Practice Account                                        Live Account

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The Industry

The Inter Bank Foreign Exchange Market (IBFXM or FOREX market) is an international market place where trading takes place on the world's major currencies such as the United States Dollar, the Swiss Franc, the Euro, the Japanese Yen, and British Pound. The Currency Market is made up of approximately 5000 Trading Institutions. International Banks, Government Central Banks, Commercial Companies, Brokerage firms and Individual Speculators.

Principally the markets exists to enable major financial institutions, businesses and governments to protect themselves from adverse fluctuations in currency values thereby enabling them to manage their risk in international trading. The bulk of the trading is between 300 large international banks which process transactions for large companies and governments and for their own accounts.

However, there is also the "speculator" segment in the Forex market. Speculator traders and investors who invest money to buy and sell foreign currencies to profit and take advantage from the constant price fluctuation of foreign currencies. Banks are the largest speculators in Forex!

Forex trading is not bound to any one floor or specific market and are done electronically between a network of banks continuously over a 24 hour period. There is no centralized location for trading activity and trading occurs over the Internet at locations worldwide.

The advent of the internet has opened a whole new world for the small investor allowing him to trade this profitable market place from the comfort of his dwelling or office. All trades are calculated on very sophisticated trading software systems and finally executed via a designated dealing desk.

Currency trading is the speculation of the movement of one currency against another on worldwide dealing platforms. There are many different currency pairs to choose from and we can therefore take the best possible transaction. We trade almost exclusively in the major currencies:

• GBP - Greater British Pound 

• EUR - The Euro 

• CHF - Swiss Frank 

• JPY - Japanese Yen 

• For more Symbols and Currencies click here......

In the Forex market currencies are always priced in pairs and all trades result in the simultaneous buying of one currency and the selling of another. The objective when trading currencies is to exchange one currency for another in the expectation that the market price will change so that the currency you bought has increased its value relative to the one you sold.

If you have bought a currency and the price appreciates in value, you must sell the currency back in order to lock in the profit. The reverse is equally true. If you have sold a currency and it depreciates in value you must buy it back in order to lock the profit in.