The attraction of the Equity market is
less than it has been given the downturn in both volume and volatility.
A new opportunity lies with Foreign
Currency
Exchange, the biggest financial market in the world. Spot Forex trading is highly liquid, volatile, and is in operation 24/7.
Foreign Exchange has an estimated daily turnover of over $1.5 trillion, and is growing at an average of 23% per year. Of that, up to $120 billion is in the Retail (spot) Foreign Exchange market, which is growing at over 15% per year. The most effective way to participate in the Retail Forex market is through online trading.
By 2005, 55% of all Forex trading activity will take place over the Internet (Greenwich Associates.)
Online Retail Forex trading accounts for 10% of all Retail Forex trading. The market is growing, fueled mostly by the increase in Internet
Trading
.
The Foreign Exchange market is experiencing rapid and continued growth.
The Commodities Futures Trading Commission (CFTC) has recently regulated Online Forex in the United States. This legitimization has fostered the growth and acceptance of the online Forex market. Forex trading companies outside the US, however, are still a viable selection as your trading platform because they are still required to follow the same rules as their US counterparts.
Conditions are optimal for the transition to online Retail Foreign Exchange trading, and Equal Trading offers the products you need to take advantage of this opportunity while growth is strong.
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