The foreign exchange market (forex) or (fx) is a global market
for the trading of currencies,This market simply is the exchange of one for another at an agreed exchange price on the over-the-counter.
Forex is the world’s most traded market, with an average turnover in excess of US$4.9 trillion per day
If we look the New York Stock Exchange, which has a daily turnover of around US$50 billion and it’s easy to see how the foreign exchange market is the biggest financial market in the world
Essentially, forex trading is the act of simultaneously buying one currency while selling another, primarily for the purpose of speculation. Currency values rise “appreciate” and fall “depreciate” against each other due to a number of factors including economics and geopolitics .
the primary goal of forex traders is to make profits from these changes in the value of one currency against another
Unlike most financial markets, forex market has no physical location or central exchange and trades 24 hours a day through a global network of businesses, banks and individuals. This means that currency prices are constantly fluctuating in value against each other, offering multiple trading opportunities
One of the great features behind forex’s popularity is that forex markets are open 24 hours a day from Sunday evening to Friday night.
Trading follows the clock, opening on Monday morning in New Zealand, progressing to Asian trade spearheaded out of Tokyo , Japan and Singapore, before moving to London and closing on Friday evening in New York
How to earn money on Forex without the initial investment? At first glance, the question seems to be silly. Everyone knows that the Forex is the foreign exchange market where currencies are freely bought and sold. So in order to earn some cash on the market for the first you must have a currency of one country and only then, it turns to be profitable to exchange it for another currency. Based on my experience I would say that to do so is not only possible, but also necessary. I am sure that everyone will find the most suitable way to start making money or at least will learn how to do it.
Let’s clear up the issue “Is it real to trade on Forex without investments”?
Yes, it is real. Nevertheless, earning money without investing will not bring substantial income to the trader, and therefore, if a trader has decided to become a serious player on the currency market, sooner or later he should open a real trading account. There should also be mentioned that it is possible to make money without investment but money will come not from the open market but from the brokers. So what the ways for earning money are available on Forex for a newbie without investments? Let us consider them closely:
1. No deposit account
. Broker opens a “No deposit account” for you with a minimum amount of money on it. You will not be able to withdraw the money from such type of account (that would be too easy game), but you will be able to try your hand at real trade. If your trading is successful than you will be able to withdraw funds from your account. Thus, the trader has not only an opportunity to trade on Forex without investments, but also get the most valuable experience with the trading platform. For a start, you need to find some funds at least for a cent account and make small deposit replenishment. There is not a complete list of brokers, which offer No Deposit bonuses for beginners
The bonus amount often ranges from $ 5 to $ 70. However, these funds are allocated to the fact that the trader will be able to start trading on Forex without investments and then make his money on the account at the same dealing center. The generosity of brokers – it is nothing else but a PR campaign for customers attraction. Choose a company, register and begin to increase your depositClick Here
Rafi Hossain
প্রতিদিন ১ ডলার থেকে ১০ ডলার পর্যন্ত ইনকাম করতে নিচের ভিডিওটা মনোযোগ দিয়ে দেখুন
https://www.youtube.com/watch?v=mS8PkgNRFGg