Online Forex trading is already a prevalent form of investment with millions of traders worldwide. Almost anybody can trade Forex if they are willing to apply the basic principles of risk management.
Many of the top VESTINGFX traders have signed up as rookies with no market experience. Forex traders range from amateur investors trading part-time to expert investors handling diverse personal portfolios on a full-time basis. The VESTINGFX platform gives you the possibility to set your financial targets and control your investments.
The VESTINGFX platform connects you directly to the markets and leveraged exposure to all of the world’s leading currencies.
Currency trading is like any other form of transaction. The goal is to buy a currency at a low rate and sell it at a high rate.
You decided to buy $250 for your next US vacation with your euros. After a week, you exchange the dollars back to euros and profit from $75.
How did you do it?
When you first bought the $250 a week ago, the EUR/USD exchange rate was 0.9 EUR. After you came back from your trip, the EUR/USD exchange rate was 1.2 EUR. This 0.3 gap in exchange rates is what credited you with $75. And in other words: you bought dollars at a low rate and sold them back at a higher rate.
It is the constant fluctuations in exchange rates – and the inherent uncertainty of the forex market that makes it possible to benefit from currency trading. To trade effectively, you need to understand the fundamentals of the fundamental analysis and all the different factors that influence currencies' relative value.
VESTINGFX offers all traders no-cost trading with tight spreads. There are no hidden fees or service charges. Instead, we offer highly competitive fixed spreads on dozens of the world’s major currencies. The investment process is entirely transparent and allows hands-on account management.