Buy and sell currency
Make money buying or selling dollar and other currencies
If you are thinking about making money by placing bets (speculate) on future events (e.g. upcoming economic statistics), earn a passive income by following market movements or take active part by surfing the waves of the market, there is one market far better then all other - the currency market or Forex (foreign exchange).
The currency market is as close as you get to conditions defining a perfect market.
Currencies are traded in pairs, when you buy one currency you are simultaneously selling another. It is equally easy to make money buying dollar as it is selling.
Trading currencies is fun and exciting!
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The currency market and its superior advantages over other markets
Enormous liquidity
The daily turnover on the currency market is estimated to be over 2 trillion dollars.
No single player can manipulate the market
Not even the central bank issuing a currency can in the long run rig the exchange rate.
Easily understood
Statistics effecting currency rates are publicized daily on fixed hours. The expected outcome are known and the possible effect on the market of a statistical number coming out better or worse then expected can be predicted. If you have the slightest interest in world economics and politics you will without a doubt enjoy becoming a member of the global currency market.
Currency rates moves on changes in expectations of future interest rates, inflation and the general risk apatite.
Minimal investment - unlimited profit potential
With a starting capital of as little as $100 you can within a few minutes become a player on the currency market.
This how to get started;
1. Open a trading account
2. Make a deposit; you get better rates if you open a pro account ($250) but you are unsure you can start out with a supermini account ($100). The initial deposit is not a fee, it is your capital and you are fee to use it for leveraged trading right away!
2.
Set up a target for how much money you want to earn each day.
3. Take a decision on risk level and how much to leverage your capital (10-200 times).
4. Wait for the right moment to act and execute you first order!
5. Activate trailing stop and loss functionality to lock in profits and minimize losses.
One popular trading strategy you may find interesting is called carry trading, where profits are made from interest differentials between countries.
The market for buying and selling currencies - FOREX (Foreign Exchange) is the largest and fastest growing market in the world with daily reported volume of over $2 trillion changing hands between buyers and sellers across the globe. |
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Participants in the currency market
Currencies are traded by banks, organizations, investors and thanks to technological innovations, like the internet a growing number of private individuals - and perhaps within a few minutes you yourself!
How to make money on currencies?
As in any market - buy low and sell high. If you use Forexyards trading platform you can leverage you capital up to 200 times. This is where the potential of this market lies, since the market is super liquid positions can be closed automatically and instantly and thus allowing trading with very high leverage. Maximizing the leverage potential and one percentage change in the currency rate can generate profits of 200 %.
How do i begin trading currencies?
Sign up with ForexYard and make a deposit with your credit card or a wire transfer. If you make a deposit through your credit card you can begin trading immediately.
In addition to all major currency pairs you will also be able to trade gold, silver and oil.
How big are the risks?
You can never loose more than your invested capital, you account is protected from negative balance. Make sure you have a sound strategy for your trades and make use of stop loss
How high are the fees?
You pay absolutely no fees at all; Forexyard makes money on the small difference between the rates it can get on the market and the rate offered to customers. It is in fact in everyone´s interest that you become a successful trader.
How much most the exchange rate move in order to make a profit?
Example: dollar/yen, assume that rate on which you can trade is 107.28-33. This means that you can sell yen for dollar at a rate of 107.28 of buy dollar at rate of 107.33. The difference or spread in our example between bid and ask are less then 0.05%. In order for the position to be profitable the currency pair most move 5 pips (the smallest change in an exchange rate is called pip). Popular trading currency pairs like dollar/yen can move up or down more then one percent in one day.
How much money can i make?
Suppose you sell $20000 against any other currency that you believe will appreciate (increase in value) against the dollar. The margin requirement for this deal would be $100. If the dollar drops by one percent you have made a profit of $200 which is equal to a return your investment by 200 %.
When is the currency market open?
The currency market is open around the clock from Saturday 5 p.m. to Friday 5 p.m.
Start trading
To become a currency trader is easy, by applying for a Forexyard supermini account you can participate in the market with as little as $100 and in just a few minutes.
1. Signup with Forexyard
2. Make a deposit with you credit card
3. That's it!
Why Forexyard?
Forexyard is well known as one of the premier online brokerages operating in today's market.
- Instant deposit with credit card
- Start trading in minutes
- Fixed spreads in all markets, all the time
- Continuous quoting, with no price freezes
- Executable quotes
- No slippage on market, limit, and stop orders
- Negative balance protection
- 24-hour trader support
- No software download needed
- Trade Gold, silver and oil
- Very important and valuable: Daily analysis reports & articles

Alternative markets?
The Stockmarket - The market for insider information
Surprising and unpredictable movements in stock prices are caused by one of the Achilles heel of the stock market - the distorted information. Speculators are making money on information not known to the market and thus not priced in the value of the stock. If you do not have access to information, real or made up that drives the market you will be suffering losses of reason you can not explain. Stay away from the stock market; it is a market in the interest of the investment banks and not the choice of a professional investor.
Futures, CFDs and options - High margins, expensive and complicated conditions
Forget about these ill working and expensive markets and do as the professional investors all over the world - take part of the currency market.
Open an account and become a market participant now
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