FOREX exists wherever one currency is traded for another. It is the largest and most liquid financial market in the world. BUY at low price SELL at high price HOLD position when market is in congestion or has no clear trend.
FOREX exists wherever one currency is traded for another. It is the largest and most liquid financial market in the world. BUY at low price SELL at high price HOLD position when market is in congestion or has no clear trend.
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FOREX exists wherever one currency is traded for another. It is the largest and most liquid financial market in the world. BUY at low price SELL at high price HOLD position when market is in congestion or has no clear trend.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
referred to as the “FOREX” or “FX”, exists wherever one currency is traded for another. It is the largest and most liquid financial market in the world. Market Participants Banks Commercial Companies Central Banks Hedge Funds Investment Management Firms Retail FOREX Brokers Other Non-bank FOREX Companies Nature of the Business
The business is about gaining profits
from the fluctuation or movement of one currency to another.
Est. (250K) Act.(32K) Features of the Business 1. Stability
- unaffected by local economic cycles
- with ready market buyers/sellers
24 hours a day 5 days a week
- market is so vast no one can claim
monopoly or control over price Features of the Business 2. Extreme Liquidity - you can liquidate or take your profits anytime at the price you want
- it is the largest market in the world with
average daily trade in the global FOREX and related markets and was continuously growing and was last reported to be over of US$ 4 trillion in April 2007 by the Bank for International Settlement. Features of the Business 3. Security of Money
- fund is deposited in a custodian bank
- fund is not made part of the operational
outlay of the company
- no holding period, no taxes
- you can withdraw anytime
Features of the Business 4. Flexibility
- you can transact business anytime
and anywhere
- you can enter or exit the market
anytime
- you can do the business in 3 ways
BUY, SELL or HOLD Features of the Business 5. Transparency
- the business is done online through
a trading facility called FX Station
- you have access to your account
anytime anywhere Features of the Business 6. Absolute Control of the Business
- Client with sole access to trading account.
- Password can be changed at client’s
discretion
- Prior consultation and approval is deemed
necessary before a broker/trader opens and executes a business transaction for the client. Features of the Business 7. Easy to Start Up
- no need to worry about DTI/SEC
registration, permits, receipts, invoices, manpower, inventories, markets and other expenditures
- everything is set up and operational
- can start the trading the moment you sign
the trading agreement and deposit the required fund or capital to the custodian banks. Features of the Business
8. Unlimited Profit Potential Prepared By: Mishell Mc Vey-Hally Sy Bang Business Executive/FOREX Trader