The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc.
Yes, you can get in on the action with traders and trading bots that are making 20%, 30% and even 50% ROI on a monthly basis. I have found a few investor groups that their fee is based on their ability to make you money. I feel it is important to diversify your investment, here are two Forex trading groups I participate in.
Arrived FX Forex Automation
PAMM (percent allocation management module)
I highly recommend Wayne Creel owner of Arrived FX which uses technology to do micro trades at the speed of light.
There are 3 options for you to utilize to suit your risk tolerance.
- Captain Carter - Low risk, ROI 8-10% monthly.
- LuckyGold - Medium risk, ROI 10-20% monthly. (all known issues have been resolved)
- MultiVerse - Medium risk, ROI 10-200% monthly. (200% not a typo). Trades 1-3 times per month per currency pair. 32 pairs.
If you would like to chat or have a 3-way call with Wayne please let me know...Rick 407-733-3502.
Never miss a Trade! From the time that the trader sends the call to it being placed into your brokers account is about 100-200 milliseconds.
Before Traders are allowed on Arrive FX they are tracked anonymously for at least 1-2 months. If they are profitable by at least 15% a month then they are invited to join.