What is forex?

Philippines
May 8, 2009 10:20am CST
How to invest in them? is this really working?
5 responses
@diamania (7011)
• Netherlands
8 May 09
It's a financial market where you can invest into currency. According to stories i've heard you can earn big money through it but it requires a deposit first.
• Philippines
8 May 09
is there a minimum balance to invest? can i use a debit card to invest?
@oudine2 (147)
• Argentina
5 Jun 09
You can earn money, and you can also loose money. You can loose more money that the one invested in it. You have to lear to trade, donĀ“t just jump in the market, you will only loose your money. You should start with a demo account, with virtual money (not real money). If you want a few bucks to start trading live you can check my profile, that broker gives you 5 dollars for free. But I strongly recommend to start with the virtual funds until you have a winning strategy. Of course you can also get that 5 dollars and trade them, and if you are really lucky you can make some money. You have to know about leverage, money management, trading psychology, and you should have a trading system. Good luck!
@sssrrr (91)
• Turkey
22 May 09
good earns housing estate from easily
@net_ankit (643)
• India
8 May 09
Forex is totally related to foreign currency trade, So If you are intrested to know about that then search it on internet, you will find good information.
• Cebu, Philippines
22 May 09
As what I've heard it's a market where you can invest and make a lot of money..but it requires expertise and you can also start small in that coz it's also in a high risks..it will depend how the exchange works