• HYGEN Forex
  Learn how to trade $'s & €'s.
• HYGEN Forex
  Learn to trade FOREX with Jenny Tan's workshops.
• HYGEN Forex
  Learn how to use FOREX trading software to trade at home or on the move.

What Is FOREX?

The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies.

The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.

In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of:

• It's trading volumes
• The extreme liquidity of the market
• It's geographical dispersion
• It's long trading hours: 24 hours a day except on weekends (from 20:15 UTC on Sunday until 22:00 UTC Friday)
• The variety of factors that affect exchange rates
• The low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
• The use of leverage

As such, FOREX has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks. According to the Bank for International Settlements:

Average daily turnover in the global foreign exchange markets is estimated at $3.98 trillion

The main FOREX trading center is London, but New York, Tokyo, Hong Kong and Singapore are all important centers as well. Banks throughout the world participate. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session, excluding weekends. This means you can trade FOREX at almost any time on one trading center or another.

Why You Should Learn To Trade FOREX

Successful FOREX traders can make lot's of money! With FOREX money is your motivation. Successful FOREX traders can make lot's of money! With FOREX money is your motivation. Forex broker trading tools are available to hungry players in the FOREX industry. FOREX Trading provides the highest volatility and creates massive opportunities allowing people who are well disciplined with good money management skills to trade independant of the market price moving up or going down. However, this opportunity also comes along with the risk of losing all your capital if you lack discipline and a will to succeed. Forex is an OTC (over the counter) market that operates 24 hours, 5.5 days a week with millions or billions of dollars exchanging hands within milliseconds.

Introducing Super FRX

Super FRX is an established group of like-minded, experienced FOREX traders. Super FRX's is here for you - educating and helping you to make informed decisions for successful FOREX Trading.

Education is a key to success in Forex trading. Super FRX trains you by sharing know-how and helps you master the skills of trading FOREX. The more you know and the more experience you aquire, the greater your potential proits.

Benefits Of Super FRX

• Super FRX assists you in making decisions and developing your trading plan.
• Super FRX advises you on possible trading risks, money management, trading psychology and trading discipline.
• Super FRX shares knowledge and technology to assist you in developing your potential in FOREX trading as a business.

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