Trading currencies can be exciting and lucrative, but if you’re just starting out, the journey can be or seen as overwhelming. Don’t worry GT247.com is here to help you and you have come to the right place.
You’ll learn and play throughout your journey with us. After learning pro trading tips and currency movement predictions, you’ll then test your knowledge with our demo accounts.
BUT WHY FOREX?
Yes, Forex has been on tongues of many South Africans. It’s trending right now but besides that there are also other good reasons to trade forex.
During a financial crisis, the stock market declines, the real estate transactions freeze, and the retail sector may suffer high losses or even bankruptcy. In contrast, Forex can remain profitable even in the worst of times because currencies are always traded in pairs. When one currency declines, there is always another currency with a rising value, regardless of the broader market conditions. Basically, what I was trying to say in that long paragraph, you are able to make money regardless of whether the market is trending up or down.
WORK WHILE LAYING ON THE BEACH
One of the main advantages of Forex Trading is that you can work from anywhere! All you need is a computer and /or a smartphone and internet. So, choose the work space and lifestyle that suits your trading goals and be your own boss!
EASY TO ENTER
Unlike any other financial market, Forex has low entry costs due the large number of market participants. Choose a broker that makes it even easier for you to start. Open an account with us. It's really EASY all you have to do is click on the link button below:
The top eight currencies every trader or investor should know: South African Rand(ZAR), U.S. Dollar (USD), Euro (EUR), Japanese Yen(JPY), British Pound (GBP), Swiss Franc (CHF), Canadian Dollar (CAD) and Australian/New Zealand Dollar (AUD/NZD). In addition, the currency exchange rates are influenced by significantly fewer factors than those that influence the stock exchange rates.
SELL AT ANY TIME
With a daily turnover of more than $5 Trillion, forex is the most liquid financial market. There is always a buyer when you want to sell and there is always a seller when you want to buy. This is highly reassuring! But it can get better, if you build more money to earn more money, which you can withdraw whenever you want!
LET'S FOREX WITH GT247.com
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Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by GT247.com at GT247 (Pty) Ltd t/a GT247.com (“GT247.com”) as general market commentary, and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. GT247.com does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information which we receive from third party data providers. You must rely solely upon your own judgment in all aspects of your trading decisions and all trades are made at your own risk. GT247.com and any of its employees will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.