ABOUT ONLINE TRADING

Forex is the word term from "Foreign Exchange" which means foreign currency exchange. Foreign currency exchange is a currency transaction / trading that is applicable in every country and serves as a guide around the world. Why Forex? Forex is the largest and most liquid market in the world today. The turnaround value of money is almost equivalent to $ 5 trillion, three times greater than the turnover of money value on the stock and bond markets. The forex market operates 24 hours and transactions take place through global banking networks, ranging from America, Europe, Australia, Africa and Asia. Forex transactions are not through the exchanges or transactions are out of stock (Over The Counter). Market participants can buy and sell currencies by exploiting fluctuations in price movements. There are several ways of trading in forex that is conventional and online.

1. Conventional Forex Trading, is a foreign currency buying and selling transaction through foreign exchange services such as money changer, bank etc. Conventional buying and selling transactions of foreign currency lbh easily understood and done because of such as buying and selling goods in stores. In this case the goods are the currency and the store is a money exchanger or bank. For example if you are an Indonesian Citizen who wants to transact with US currency (USD), what you do is come to the money changer and exchange your Rupiah (IDR) in foreign currency you want. For example the value of USD currency now is $ 1 = Rp. 13.000, -. If you want to exchange / buy $ 100 then the capital funds issued is 13,000 X 100 = Rp. 1.300.000, -. With the expectation of the value of the USD currency rose and the value of the rupiah (IDR) fell. For example if you want a profit of Rp. 100.000, - means must wait the value of Rupiah (IDR) to Rp. 14.000, - per $ 1 and then redeem your USD money into IDR currency. Profit = Total value of current currency - Total currency value owned. Benefits Rp. 100,000 = (14,000 X 100) - (13,000 X 100).
2. Online Forex Trading, is a foreign exchange transaction through financial services or online. These online brokers usually provide not only forex products but also other derivative products such as index, option, binary, etc. Online trading is a derivative of conventional trading. In today's online trading can be easily found on local internet sites and outside sites with the regulations of each country. Currencies traded on online forex trading are a comparison of 2 different currencies, for example: EURUSD, EURGBP, EURJPY, EURCHF, USDCAD, USDCHF, USDJPY, AUDUSD, GBPUSD, NZDUSD, AUDCAD, AUDCHF, AUDJPY, CADCHF, CADJPY, CHFJPY , NZDCHF, NZDJPY, etc.