What is Forex address?

February 13th, 2010

Forex is the market of interbank currency exchange at free prices. The market participants are banks, pension funds, transcontinental corporations and private individuals. The international currency market does not have any strictly regulating system, and requires no direct communication of a seller and a buyer during the transaction conclusion.

At present, currency market Forex is the largest telecommunication space, which is working five days a week and 24 hours a day. The address of the international currency market can be simply found in the Internet, to do this, we can use the search- engine Google, Altavista or Yahoo and so on, the only difference here is that in every country, Forex market has its own representative office.

Currency trade in electronic format can considerably differ from trade at the interbank level. Network address of Forex system allows conducting deals in electronic format using specialized software.

In order to have a possibility of working at Forex, it is necessary to open a trading account.  Forex account address is accessible for trader’s work in the telecommunication system- it is a personal account, with the help of which diverse currency operations, as well as withdrawing or depositing of funds are made.

Many traders organize clubs for experience exchange, in different cities, there are numerous platforms, which allow discussions of numerous questions connected with working at Forex. The address of such traders’ communities can also be easily found in the Internet. The registration on these resources makes it possible to find quickly and without special efforts the required information about working at international currency market Forex, and answers to all questions, which a trader can have during his work at market.

Countless Internet resources will help to get acquainted with information about Forex. Addresses of Forex educational courses, brokerage companies and support services for clients, whose work is remote, allow with no difficulty to get all essential information about the market currently trading sessions.

If you are a beginning trader, the best and the most effective variant for you is an educational course. All addresses of educational courses and Banking Schools can also be found in numerous Internet resources. Educational courses, seminars, masterclasses will help to understand the essence of Forex work in details.

Private investors are able to make all transactions through brokerage companies and dealing centers, to do this, it is required to enter into an agreement, where personal data are indicated. International currency market Forex makes it possible for a vast number of traders to conduct numerous deals.

One can also find answer to absolutely any question about working at Forex, by making a search in the Internet. If you had problems during your work at market, you should turn to support services, and there are lots of them in the global net, where you can get a consultation of a specialist.

Forex market is one of the most dynamically–developing and widespread markets on the planet, this makes it possible for traders to work and gain profit.

Added by Ekaterina Kelehsaeva,
InstaForex copywriter

Post and Win with forexfox.nl & InstaForex

February 10th, 2010

Contests and Campaigns Administration of international online Forex broker InstaForex Company announces the launching of new competition for forum users of the Netherlands community – Web portal www.forexfox.nl, timed to coincide with opening of the official representative office of InstaForex Company in Amsterdam.

The competition starts on February 15, 2010 and ends on March 15.

According to the contest rules each registered user of forum on the portal www.forexfox.nl may take part in the competition. Participants who will post more comments during the period of the contest holding will be determined as winners.

At the end of the contest the prize fund in the amount of 1500 Euro will be distributed among eight winners:

  • 1st Place: 350 Euro
  • 2nd Place: 300 Euro
  • 3rd Place: 250 Euro
  • 4th Place: 200 Euro
  • 5th Place: 150 Euro
  • 6th Place: 125 Euro
  • 7th Place: 75 Euro
  • 8th Place: 50 Euro

Prizes will be automatically credited to the trading accounts of the winners with InstaForex Company. In case a winner does not have a real trading account the company will open it with the prize. The prize can be withdrawn only after execution of certain number of deals.

You can find detailed information about the terms and conditions of the competition at the contest page of the portal www.forexfox.nl. InstaForex Company wishes all contest participants a good luck!

Added by Ekaterina Abramova,
InstaForex PR-manager

Scheduled income

February 4th, 2010

Forex market has its own strict rules. Trading operations are carried out within a certain timeframe which is shown in a trading session timetable. The trading session is opened around-the-clock: in weekdays – from Monday midnight till Friday 22:00. As the banking activity is low during the weekends, the currency market does not work.

However, the world time differs in all countries and continents, so as soon as in one part of the world the trading comes to an end, in another one – it just begins. These time peculiarities are set out in the trading session timetable at Forex. That is why, there is nothing more important for a trader than to be at the right time and place.

It is essential for the category of active partakers at the trading platforms. For traders it is important to be in touch with the market situation constantly to have an opportunity of making the deals in the real-time mode with the most beneficial result.

The trading session timetable contains rather huge data volume which is impossible to keep in mind all the time. At this point, the trader can find support in various Internet-resources, where the current timetable of all trading sessions is entirely available. Moreover, there were created special programs which request information on the work schedule automatically and display it in a comfortable graph form.

Often, a certain trading tendency of one continent can be different for a trader from the aspect of investment profitability. In this case, he can rely on the trading session timetable in order to orientate himself in a great many of current events which are presented on-line and permanently up-dated. Being at the peak of economic activity, traders can work clock round in accordance with the scheduled sessions.

In consequence of the economic downturn and instability, a massive managers quit is currently observed. More and more new employees come into the labor market, they often have a higher education and necessary skills to make analytical forecasts for the market. It is this kind of people who become traders today. And the trading session timetable of Forex market appears to be a good aid for them.

Take a look at the trading session schedule in the following table:

Region City Winter time
open/close
Summer time
open/close
ASIA Tokyo
Hong Kong
Singapore
03:00    11:000
04:00    12:00
04:00    12:00
04:00       12:00
05:00       13:00
04:00       12:00
EUROPE Frankfurt
Zurich
Paris
London
09:00    17:00
09:00    17:00
09:00    17:00
10:00    18:00
09:00       17:00
09:00       17:00
09:00       17:00
10:00       18:00
AMERICA New York
Chicago
16:00    24:00
17:00    01:00
16:00       24:00
17:00       01:00
PACIFIC Wellington
Sydney
00:00    08:00
01:00    09:00
00:00       08:00
01:00       09:00

Added by Evgeny Galaev,
Chief Manager of InstaForex Client Relations Department

Forex without days-off and breaks!

January 27th, 2010

It is of no secret, that Forex is the largest financial market in the world, the tempo of its development leaves no chance to the rivals over the globe. Forex helps thousands of people earn much money without any breaks and days-off. The point is that currency markets have multiple advantages over other markets.

The general benefits are its high liquidity, loyal prices and wide accessibility. Forex market is not a roulette game; without days-off, pauses and intermediates, Forex daily proves its profitability and success to the whole world.

In a short period of time, it is possible to earn considerable sums of money at Forex market. Evidently, this result is achieved due to the high volatility of currency pairs. Sometimes a currency pair can move by hundreds of points within several days only.  But, being overwhelmed by the pursuit of money, it is necessary to remember about high risks.

Day by day, Forex market has about three billions of dollars in turnover. The most significant indicator of the liquidity is traders and buyers’ constant being on the market, they are following all market trends attentively.

Moreover, important Forex constituent is the absence of sharp and unpredictable changes on the market, even if the entire world is in panic with the currency changes.

It is understood, that currency will be sold and bought always; in this case, Forex will be opened for everybody, who tends to gain profit, non-stop. Every person knows, that when Asian session ends, European begins and so on, until it will go around the globe, attracting more and more people, reinforcing he leader positions.

Many are attracted to Forex market not only by the high cost of currency operations. Forex does not require any commission payments; there is a fixed market spread. Spread is a difference between ask and bid price, due to it the transaction cost is maximally lowered, in comparison with other markets.

Certainly, it is necessary to consider the fact, that money is the product at currency market Forex. And this excludes any shipping costs absolutely, because of the absence of the physical condition; this is another advantage, which makes Forex market with no days- off even more popular.

At first sight, the restrictions deficiency can even confuse. However, at international currency market there is one law, which is a law of supply and demand, or the simplest business law. At the same time, the majority of audit chambers and exchanges have numerous restrictions. The result of this is the absolute freedom for business development and goals achievement.

Forex, which is working without days-off, shows a marginality principle, working at its best. Due to marginality principle, each trader, even with the smallest capital, has an opportunity to earn a significantly bigger sum, since he has a possibility to make transactions, which are the most profitable for him.

Thus, if the operation has turned to be the most successful for somebody, this gives the chance to increase the initial capital sum within a few minutes. At Forex, both short-term and long-term positions are accessible, besides, it is not necessary, that the currency, which was invested, remained the same.

Now it is possible to make a conclusion: international currency market Forex, undoubtedly, has numerous advantages, due to which absolutely every interested person can become a trader. No matter where the person works, Forex market, daily and without days-off and breaks,  gives a chance to everybody to work and get profit.

Added by Dmitry Golynski,
InstaForex Development manager

Win Lotus from InstaForex

January 22nd, 2010

InstaForex Company draws a new sport-car Lotus Elise within the unprecedented campaign “Win Lotus from InstaForex”. InstaForex Companies Group has already bought this car especially for the campaign “Win Lotus from InstaForex”. At present moment, a brand new Lotus Elise is in Singapore waiting for its winner. Therefore, the campaign “Win Lotus from InstaForex” is absolutely transparent and has the real prize fund in the form of new car Lotus Elise which will be certainly presented by the results of the drawing.

The mileage of the drawn Lotus Elise for the time of prize presentation will not exceed a couple of hundreds miles because the car will be used only in advertising campaigns associated with the process of campaign “Win Lotus from InstaForex” drawing.

Added by Ekaterina Abramova,
InstaForex PR-manager