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Friday, June 13, 2008

FXClub.com - Free Practice Forex Trading Account

I’m kind of strange I guess… I love the stock market. I watch CNBC, read financial magazines, books, newspapers, and browse market related internet sites. Even though I invest in the stock market like many people I don’t have a clue about Forex Trading. Forex Trading is The Foreign Exchange Currency Market. Currency, Forex, or FX exist wherever one currency is traded for another. “It is the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. (http://en.wikipedia.org/wiki/Foreign_exchange_market).” Currencies are traded against one another on the Foreign Exchange Currency Market. Lets say you have dollars and you buy EUROS. If those EUROS go up, you just made yourself some money! The nice part about Forex trading is unlike the stock market if one currency goes down there is always another currency going up.

Learn and trade Forex with free $100k demo account


So here’s where FXClub.com comes in. FX Club offers a free account where you practice trading currency with funny money. If you are feeling more confident in your abilities you can start trading your own money on FXClub’s web site.

Forex Club Financial Company, Inc. is located in the United States at 1200 South Avenue, Suite 203, Staten Island, New York 10314. You can call them US Toll-Free: 1-800-881-3809, or email them at info@fxclub.com. FX Club offers free training videos as well as the free practice account. This blog is all about making money and since the stock market is so volatile right now there isn’t a better time to get into or at least try currency trading. The least a practice account can give you is additional knowledge in a field you previously knew nothing about.

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