Contact Us: 2

Email:

sales@forex.com
questions about opening a new account

support@forex.com
technical questions and troubleshooting

info@forex.com
trading-related or account questions


Fax:

1.908.731.0788


Request a Callback:

Click here to request a callback from a forex specialist.


US Headquarters:

44 Wall Street
7th Floor
New York, NY 10005-2401

Corporate Headquarters:

GAIN Capital Group
550 Hills Drive
Bedminster, NJ 07921-1539
USA

Contact Us:

Contact Us:


Toll Free: 1.877.FOREXGO (367.3946)

Int'l: 1.908.731.0750


24 hours a day from 10AM Sunday to 5PM Friday (ET)
Saturdays 9AM to 5PM (ET)


International Toll Free Numbers:
Call us from these countries, free of charge


Australia 1-800-00-4919


France 0800-91-2623


Germany 0800-184-4555


Italy 800-78-5828


Japan 00531-16-0366


Mexico 001-800-514-1208


New Zealand 0800-44-1312


Poland 00-800-1114-619


Russia 8-10-8002-3081012


South Africa 08009-94898


Spain 900-94-7021


Switzerland 0800-56-3761


United Kingdom 0800-032-1948

structure of forex market

First what is Forex: The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another.
The Forex, or foreign currency exchange, is all about money. Money from all over the world is bought, sold and traded. On the Forex, anyone can buy and sell currency and with possibly come out ahead in the end. When dealing with the foreign currency exchange, it is possible to buy the currency of one country, sell it and make a profit. For example, a broker might buy a Japanese yen when the yen to dollar ratio increases, then sell the yens and buy back American dollars for a profit.
In the beginning countries would trade with each other using the barter system. If one nation needed lumber but had cattle, they would trade one product for another. This was pure trading. This type of economy has many limitations, but served mankind well for many centuries. However, nations quickly saw the benefit of having a system of exchange, and while some cultures used pretty rocks, or animal teeth, precious metals quickly became established methods of exchange. God and silver were the most popular. Initially gold and silver coins were used, and in fact the name of the British standard currency, the pound sterling, came from the Hasterling region where gold coins were made, and originally meant coins of the Hasterling’s. Up until World War I most nations had central banks that supported the value of their currencies and most used gold as the standard. Paper money was printed and it legally could be exchanged for gold but this did not often happen. Since it was rarely converted, some banks and some nations believed they no longer needed to keep reserves of gold in their vaults, as the US once did with Fort Knox. Inflation then occurred.
Near the end of World War II a conference known as Bretton woods had many nations reach an agreement on a reserve currency system based on the US dollar. The World Bank and other organizations agreed, and a fixed exchange rate system was reached. The value of the dollar was fixed on a certain amount of gold, and other currencies were fixed on value to the dollar. Currency trading after this however has evolved and currencies have grown in value, and gone down in value, leading to fluctuation.
Today traders take advantage of the fluctuation in value among currencies through the forex or foreign currency markets. It is quite common to see a trader who suspects that the value of the Euro will go up against the yen or the dollar and follow the old axiom of “buy low and sell high.” On of the ways this is done is through margin trading. With margin trading a trader doesn’t have to have all the money in an account that is being traded. If a trader has 10,000 and works with a one percent margin, he is able to trade $100,000 in currency. This adds great leverage to the trade and makes forex trading very attractive to many who are looking for a large and quick return on their investments. Forex traders are also attracted to the low costs associated with trading since most trades are without commission. The fact that there is a 24 hour trading cycle is also attractive to many. Traders have opportunities for large profit, but they also have risk inherent. An aggressive trader may experience profit and loss swings of up to 30% in a day. This can be 30% to the good, or to the bad, so forex trading requires education and courage as well as capital. However there are no daily limits and no restrictions on trading hours other than the weekend when markets are closed. For this reason there are always opportunities. Money will always be made.
Some nations in the past have complained about hedge funds and other large institutions involved in forex trading, saying that they have intentionally devalued their currencies to make quick profits. George Soros, the famous billionaire who is involved in politics, has been accused of this practice by the government of Indonesia. Whether it is true or not, and if true whether it should or should not be done is not for this article. However, when institutions control such large amounts of money, the chance of manipulation does exist. As long as foreign currency is traded, there will be such accusations. However, the forex market remains a way to achieve substantial financial gain.
There is a wealth of opportunity in the Forex Market. Millions will be made by millions but of course the contrary is also true unfortunetaly. Always be cautious and do not mortgage the farm.

forex rading softwere -how it can help us

As a newcomer to forex trading, it is quite natural for you to look for guidance in forex trading. If that’s the case, look no further than Forex Trading Software. It will provide you with signals and indicators that will help you to identify the buying and selling points of a currency in the forex market. You may think that with the Forex trading software, you may have to do almost nothing. The truth is - Your role of trading actively in the forex market is marginalized but not minimized to 0.
What are the special features of the Forex Trading Software?


Stop Loss and Take Profit Rates - When you invest $1000 in the forex market on a currency pair, you would want to limit your loss or book your profits when you have achieved the targets. A good forex trading software will allow you to set your loss margin and profit margin. That is, you could set a trading bandwidth of $900 to $1500. Essentially, your deal will not move further if the price of your trade moves below $900 or above $1500.
Freezing Rate - Let us assume you have invested $500 on the EURUSD pair on an Ask Rate of 1.4432 EUR. As you monitor the price movements, you see the price of EUR has risen up to 1.556 EUR. This is where you would want to wait and see if the price goes up further or comes down. You could place a Freeze on this rate (Also known as the Freezing Rate). You can come back and irrespective of what the Forex Rate for EUR is at that time, you could finalize the deal.
Forex Signals - Most good forex trading software provide forex signals to the traders. One of the toughest things for traders to estimate is when to enter or when to exit the market. The forex trading software is one such tool that gives you forex signals and indicators for traders to enter and exit the market. This helps the traders to minimize the possibility of their loss.
Some words of caution before you Choose Forex Trading Software

Beware of fraudulent Forex trading software - considering the demand for Forex Trading, a lot of old forex traders have come up with their own Forex Trading software. Though, some of them are credible in their functionality, some of them cheat traders by giving outdated quotes and wrong signals. Please understand that you would need to have live and almost latest quotes for you to make informed decisions in the forex markets. Any software that gives you this is a good software.

Use Forex Trading Software only when you start trading - Forex Trading Software is a very good but when you start trading. This is the time when you need a good footing on Forex terms and the forex market itself. Once you spend time in the Forex Market, I would encourage you to look at the Forex Signals and Forex Charts all by yourselves. Remember, at the end of the day, it is your analysis of the situation that will help you being profitable.
Forex Trading Software is not such a bad deal after all. You would take a software with both hands if they are able to give you stop-loss or freezing rates on your trade. Apart from that, this software also gives you forex signals for you to make informed decisions to buy or sell a currency. Do your research and invest on a good forex trading software, it will surely be profitable.

just what is quantiative easing

Quantitative Easing?
Just what is Quantitative easing? It is a term heard frequently when referring to actions by the US Federal Reserve. The frequently used term is composed of two words, Quantitative, which refers to the money supply and easing, which means to increase the money supply. It is a tool of monetary policy and means that a central bank or government prints new money to increase the supply. The move by the Fed is bound to have an effect on the Interbank Forex market but to what extent is unknown at this time.

Fed Slashes Rates
On Tuesday the Federal Reserve cut overnight rates to zero to 0.25 %, an unconventional action meant to lift the economy out of a year-long recession. Doug Roberts, chief investment strategist at Channel Capital Research.com stated, “The message is they’re instituting quantitative easing on a fairly large scale.”

How it Works
Under quantitative easing, the Federal Reserve will flood the banking system with new money to promote lending. The action is usually taken when lowering interest rates is no longer effective because they already are at or near zero.


Central banks add cash by buying up large quantities of securities, mortgages, government debt, commercial loans, and even stocks from banks and financial institutions giving them plenty of money to lend. The Fed hopes the move will ‘prime the pump’ of the Interbank Forex market and get banks lending again.

Easing of Frozen Credit Markets
Recently the tool has been used by Japan to stimulate the economy and to fight inflation. Much of the global economic crisis is caused by frozen credit markets. Many corporations find themselves unable to secure loans necessary for day to day operations. The credit crunch has adversely affected the Interbank Forex market and banks have been unwilling to lend to each other.


Quantitative easing helped Japan to stimulate their economy and to make sure there was no shortage of liquidity. The Fed hopes it will do the same for the beleaguered US economy and stimulate lending on Interbank Forex markets.

Information About Choosing Forex Software

If you are going to jump into the online Forex trading game then make sure that you have software that will not let you down. It is important to have a platform that gives you correct information about prices and makes Foreign exchange trades fast and with ease. The 2 types of Forex software that are available are those that are web-based and those that are client-based.

Also be sure that you have a fast Internet connection because this market moves pretty quickly. If you are using a dial-up connection and want to do online forex trading, then think again.

Client-based software is just as good as any other but it can only be accessed on the computer that you install it to. The advantage of using web-based software is that you can use it on any computer with the simplicity of logging onto a server. This type of software is also more secure and is less likely to acquire viruses.

Always be certain that the software you choose provides quotes in real time and that it has the capability of buying and selling with speed. Also be sure that your software is always up-to-date, because even the smallest change in the program can make a difference in how well you trade.

It is recommended that beginners first learn the market and take small risks to become familiar with it. Once you are certain that you want to play the game, then find the software that is right for you and start to get serious. Always remember that it takes money to make money, so do not enter the market with hesitant feelings.

somo important tips about the fors trading

Better strategy to win the forex trading game is picking a forex trading system and sticking to it. Try to follow the guide lines and look for long term trends in the currency market. A perfect trader in forex is one who can understand these factors and feel the pulse of the market before striking gold.

Forex stand for Foreign Exchange Market (FX) which is always marked for its geographical dispersion. Currencies from all over the world are bought and sold for profit in the forex market. Investors are the real players in forex trading. Forex market welcomes the investors of all income size and any background. If you are thinking to make profit in the forex market you should have a sound knowledge of the currency market.

To start your global Forex trading you need to open a Forex account first. Just fill in the application form and sign the margin agreement which let’s the broker intervene at any time. Here are some tips one must know before dealing with the forex trading or forex exchange

Know your forex trading market

Know about the currencies that you want to trade with. Try to get the details about the country whose currency you’re trading in the forex market. The more you know about the country more profit you can make, currency you are trading with. With the knowledge of the country you can better understands the strategies of the market and will be able to predict the movement of the money.

Pick a forex trading system - and stick with it

The better strategy to win the forex trading game is picking a forex trading system and sticking to it. Being a forex trader one should analyze the market and certain calculated risks associated with the market. Market analysis is based on technical analysis which is the interpretation of facts and data based on the data generated by the market. Fundamental analysis seeks to trace out the factors and conditions which influence the market economy and play a pivotal role in altering opinions. Several economic, political, social events affect the forex and its workings. A perfect trader in forex is one who can understand these factors and feel the pulse of the market before striking gold.

Practice makes one perfect

Practice makes one perfect whether it is forex trading or some other field. Take some time to be a smart player of the currency trading game. If you are not making profit initially, never make a rush.

Keep your eye on the margin

If you are not properly aware of the margin trading try to keep away. It is often said to be a great way to lose a lot of money quickly. Stay away from forex margin trading until you are not properly aware of it. In forex trading, the bottom line is how much money you made at the end of the day.

One should try to start with Micro Forex

Micro forex is a boon for the beginners in the forex trading. With the help of micro forex trading, a novice with limited knowledge can make profit in the forex trading market.

Try to Keep the Trading System Simple and look for Long Term Trends

Your trading must be as simple as possible. Try to follow the guide lines and look for long term trends in the currency market. Analyze the market efficiently and then invest.

Forex is the largest market place of Currency trading. While currency trading in Forex Market or dwelling over currency market, one should mull over the present scenario and future prospects of the country, currency of which he is trading.