Thursday, October 4, 2007

What is Forex ???

Forex is an abbreviation of Foreign Exchange. It's a comparation between two different currency. For example : Euro vs US Dolar at position 1.3

It's mean that 1 Euro is equal to 1.3 US Dolar.
Generally, the name of currency are consist only three alphabet, for example EUR for Euro or USD for US Dolar or GBP for English Poundsterling.

Many people trading this kind of forex. But as usual investment, Forex is a typical of High Risk, High Gain invest. So, be carefull if you want to join this kind of investment.

Caution ! Never believe a company which can guarantee give you fixed interest from forex !
It's nonsense and impossible, because forex is the most fluctuated investment (beside stock index of course). So just be carefull ... Be a wiseman

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