Start Trading Forex

With the Finotec Online Forex Trading Platform, trading forex had never been so easy! At Finotec, we provide you with many resources and tools to help you enhance your skills and trade successfully. Most importantly, Finotec offers you one of the best trading systems available today. You can trade forex in one click and view your open positions any time, in a user-friendly and secure environment. So start trading now!

Example:
You expect a strengthening of the euro against the dollar and you decide to buy $100,000 worth of EUR/USD. Let's assume that you were right and that the rate moves from 1.3540 to 1.3610. It has moved 70 pips. (1.3610-1.3540=0.0070.) In this case, each pip is equal to $10 (please note that the value of one pip varies depending on the transaction size and the currency pair traded).
Your profit: 70 x $10= $700.
EUR/USD (Sell : 1.3537 , Buy: 1.3540 , Amount: 100,000)

Forex trading online has become an investment vehicle of choice for many individual investors. Like any other speculative activity, it involves a certain level of risk (which you can control by setting your own Risk Management policy) but it also allows for huge profits. So don't waste anymore time! Enter the world of forex with Finotec and start investing money for your future and with higher returns!

The investor's goal in Forex trading is to profit from foreign currency movements. Forex trading or currency trading is always done in currency pairs. For example, the exchange rate of EUR/USD on Aug 26th, 2003 was 1.0857. This number is also referred to as a "Forex rate" or just "rate" for short. If the investor had bought 1000 euros on that date, he would have paid 1085.70 U.S. dollars. One year later, the Forex rate was 1.2083, which means that the value of the euro (the numerator of the EUR/USD ratio) increased in relation to the U.S. dollar. The investor could now sell the 1000 euros in order to receive 1208.30 dollars. Therefore, the investor would have USD 122.60 more than what he had started one year earlier. However, to know if the investor made a good investment, one needs to compare this investment option to alternative investments. At the very minimum, the return on investment (ROI) should be compared to the return on a "risk-free" investment. One example of a risk-free investment is long-term U.S. government bonds since there is practically no chance for a default, i.e. the U.S. government going bankrupt or being unable or unwilling to pay its debt obligation.