Where to Invest Your Money Online

What is Forex?

FOREX or Foreign Exchange market refers to an international exchange market where currencies are bought and sold.

Why Forex?

FOREX is a distinctive market for a number of reasons. First, it is one of the minority markets with very few qualifications that it is free of external controls and that it cannot be manipulated. It is the largest liquid financial market, with trade reaching from 1 to 1.5 trillion US dollars a day. Secondly, the liquidity of the market means that unlike some rarely traded stock, traders are able to open and close positions within a few seconds as there are always willing buyers and sellers.
Another unique characteristic of the FOREX money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer-term cautious investors, while others make use of massive credit lines to seek large short-term gains.

Why open a free demo account?

You should open Forex free demo account so that you can practice how it is done. Just like playing in a basketball tournament, you need a lot of practice so that you could win the game. As the saying goes, practice makes perfect.

Open a free practice account on any of the following:

1.) Forex Capital Markets - http://www.fxcm.com/open-free-100k.jsp
2.) AvaFX - http://www.avafx.com/lp/?tag=GOOGCL-NUS&ds2=forex%20demo%20account@Exact&ef_id=Clix_-_Forex_Non-US@Forex_Demo&gclid=CM3v8a76wpsCFcktpAodqzQU_Q
3.) Easy-Forex - https://secure.easy-forex.com/Int/en/RegisterJoin.aspx?gclid=CNj0t-H6wpsCFZMwpAodbW0KBg
4.) GCITrading - http://www.gcitrading.com/forex-demo.htm?gclid=COT1-4j7wpsCFYctpAodqUUiAQ
5.) GlobalForex - http://www.globalforex.com/trading.htm

For additional know how on Forex:

Forex Mentor offers a complete home study DVD video seminar package on all the information you need to trade your own Forex account profitably. It includes hours of instruction on three DVDs, a detailed 150-page study guide, trading tips, access to Fore Mentor’s member area and a one month free phone consultation.
Forex Mentor’s coach and author, Peter Bain, is a passionate commodity and currency trader, learned trading in the early days from top traders in trading houses. Peter Bain has developed a system, the Pivot program that consists of the same techniques used by many trading houses today. His system has been commended as one of the leading tools to trade the Forex market.