Thứ Ba, 5 tháng 4, 2011

Forex trade with your Neteller eWallet

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Perhaps while roaming about online, you’ve come across sites talking about Forex trading. Maybe you’re wondering how it works and if it’s something you'd enjoy doing.
Simply put, Forex trading is trading and investing in foreign currencies, specifically in the exchange rates between them. All Forex transactions involve pairs of currencies, buying one while simultaneously selling another. The opportunity for profit comes in the ever-fluctuating foreign currency exchange rates.
The eight currencies most often traded are US dollars (USD), Euros (EUR), British pounds (GBP), Japanese yen (JPY), Canadian dollars (CAD), Swiss Francs (CHF), New Zealand dollars (NZD) and Australian dollars (AUD).

How much can I invest?

Forex trading doesn’t require a large investment: some sites will let you trade for as little as 25 USD. How you control large amounts of money with such a small investment involves an investment procedure called leverage, in which traders are given the option to trade on borrowed capital. For example, with a leverage of 1:100, for every dollar you invest a broker invests a further 99, letting you control an amount of 10,000 USD with a 100 USD investment. This can greatly increase your potential profit, but also increases the risk to your investment.
The important trick is to learn to read the trends in the market. Being able to tell which currency pairs are increasing in value, knowing when to buy and sell, is crucial in navigating such a volatile market. Make sure to do your research before getting started.

Use your eWallet for security

One way to keep your money safe while Forex trading is to use your NETELLER eWallet. As with any online trading, Forex is a volatile market full of risk, and so you should be careful not to invest more than you can afford to lose. Loading your Forex trading money into your eWallet can help make sure that you’re only using the money you’ve saved for trading. Then you can transfer your profits back into your bank account, withdraw them with a prepaid card, whatever you like.
NETELLER is available as a payment option on many different Forex trading sites. Check ourmerchant directory or click here to learn about the latest additions.
Forex trading can be an exciting and fast-paced market, so if you think it’s right for you NETELLER can help you get started. Just do your legwork and trade safely.

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