1m 16s: Lenght

Learn about online trading and find out how it works. Simply watch this fun, intriguing video and then visit http://bit.ly/1QA1DwJ for more info. Capital is at risk What is forex? "Forex" is a popular acronym for foreign exchange; the different currencies used in different countries. Do you remember the last time you traveled abroad? Did you buy the local currency? Buying foreign currencies is called ‘currency exchange’ or ‘forex trading’. And just like Gold or Silver, forex can be bought at a certain price and sold at a profit when it value increases. For example: if the exchange rate of Dollars to Euros is 1:2, you’ll need two Dollars to ‘buy’ one Euro. If the exchange rate then increases to 1:3 – “selling” or exchanging your Euro back to Dollars will give you three dollars. That’s a profit! Nowadays, people all over the world trade forex as a form of investment, and make a second income from their potential profits.