December 22, 2010

Invest in Forex

Invest in Forex


photo by Nathan T.Baker at http://www.flickr.com/photos/nathanbaker/

Interested to know more about how to invest in forex, or foreign exchange, in Singapore? What are the factors that are required to invest in forex profitably? What are the pitfalls to avoid before you invest in forex? Should you perform forex trading (trade Forex) or do forex investing? To learn these and more on how to invest in forex, read on...

Invest in Forex

Source: TerraSeeds Market Technician Pte Ltd.
Author: Mardiah Mohamed
1/10/2010


Singapore is the fourth largest FX Centre in the world and the second largest in Asia after Tokyo. It is legal to trade Forex in Singapore.

In this Article I will share with you what are the things to look out before you embark on your Forex trading journey in Singapore.

Since it is legal to trade Forex in Singapore, we have seen many brokers setting up here. It is easy to find brokers regulated by the Monetary Authority of Singapore (MAS) to trade with. Regulated brokers are required by MAS to place customers’ funds in a segregated account so the money is protected.
In order to trade Forex, the trader has to trade through a broker.

Choosing a broker

There are important points to take note.


... read more

Author: Mardiah

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