What is FOREX and what does it have to do with investments?

If you are new to investing or are just now branching out into other types of investments then you might not be familiar with the term FOREX. In the investment world FOREX is an acronym for the word the Foreign Exchange Rate Market. And this market is an international market where various currency exchange transactions take place; this is basically done through buying one currency and selling another. Forex trading which is also referred to as FX is open to all types of people including corporations, small businesses, commercial banks, investment funds and private individuals. One thing that you should know about FOREX is that it is the largest financial market in the world and usually averages a daily turnover of more than $1 trillion.

Another good thing about FOREX is that it is a 24 hour market which allows it to accommodate the constant changing world currency exchange rates. According to the time frame in the United States the market opens at 2:15 pm on Sunday in Sydney and Singapore and continues through to Tokyo at 7 pm and then to London at 2 am, the market finally reaches New York at 8 am on Monday morning. Having these kinds of hours in the market allows investors to freely respond to global political, economic and social events as they take place, and that means either day or night.

Another thing that you need to know about FOREX is that it is one of the most liquid markets in the world because of the fact so many different people and organizations participate in it. Not to mention the fact that the users use the market for realization of speculative operations, but they also use the market for insurance upon fluctuation of exchange rates at export-import transactions. Another great thing about FOREX is that this type of investment can actually be highly profitable with very little risk. But now that you understand what FOREX is and that it is a type of investment because of the fact you are investing money to make a profit, although it is a low risk investment you might be interested to know that you can obtain FOREX software online so you can begin trading today.

Here is a look at a really good program that uses FOREX.

Martketforex:
- Can be found at www.marketforex.net
- Is focused on currency trading and is easily accessible to all who are interested in investing in Forex
- Real-Time quotes - updated quotes are available every second and the user has the option of keeping a check on their positions in real time 24 hours a day which allows the user to make decisions based on current information
- Leverage - MarketForex offers a high leverage 100:1, which gives the user more buying power than what they would normally have because it increases your total return on investment. But the leverage can actually go up to 400:1
- Instant deposit - you can use your credit card or paypal account to finance your account and start trading immediately and your personal information is protected. And you can open an account with as little as $25.
- Personal account management - there is always somebody available for the users to get help; representatives are available by phone, email or online chat 24 hours a day seven days a week. You will also have an Account Service Manager that will be appointed to work closely with you.
- No hidden fees or costs - meaning that they do not charge a commission on any of the deals that you make. They instead make their profits on the bid/ask spreads embedded in the currency rates
- Interest - you can also earn rollover interest
- Free practice accounts - this is a great feature in case you are new to the currency trading market. It allows you to practice without losing money.