usa forex trading

Forex, or FX, stands for the foreign exchange market. This is a 24-hour market in which
currencies are traded in cash, which is known as a spot market. There is no central,
standard trading center, such as, a stock exchange. Instead, trade is conducted
"over-the-counter" via an international network of dealers. Until recently, the
forex market was confined to larger traders: major, international commercial and
investment banks; international corporations; international money brokers; currency
traders. When the United States went off the gold standard in 1971, investors
immediately recognized new opportunities for making profits. Every year, more
companies start up that cater to smaller institutions and investors so they may
participate in spot forex trading.
A prime factor to take into account before participating in the spot market is
your temperament. A risk-aversive customer is not suitable for this marketplace.
You should consider not only your experience in the investment world, but your
objectives, and your capacity to absorb financial losses. Certainly, you should
never invest any amount of money you cannot afford to lose.