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WELCOME TO GOLDBERG FOREX GROUP
Currency Exchange also referred to as Foreign Exchange, FX, or Forex, is the trading of one currency against another. The Currency Exchange Market is an inter-bank or inter-dealer market that was established in 1971 when floating exchange rates began to materialize. In addition, it is an Over-The-Counter market, meaning that transactions are conducted between two counter parties that agree to trade via the telephone or electronic network. Trading is thus not centralized, as is the case with many stock markets or as the case for currency futures or options, which trade on special exchanges. Currencies are traded every day for numerous reasons. For example:
Consumers typically come into contact with currency exchange when they travel. They go to a bank or currency exchange bureau to convert one currency (typically, their "home currency") into another (i.e. the currency of the country they intend to travel to) so they can pay for goods and services in the foreign country.
Businesses typically have to convert currencies when they conduct business outside their home country. For example, if they export goods to another country and receive payment in the currency of that foreign country, then the payment must often be converted back to the home currency. Similarly, if they have to import goods or services, then businesses will often have to pay in a foreign currency, requiring them to first convert their home currency into the foreign currency.
Links these are some links to sites that are providing links to our web site. Feel free to browse through them or to search through our site to meet your needs.
Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Goldberg Forex is not responsible for communication failures or delays when trading via the Internet. Goldberg Forex employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Goldberg Forex is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Goldberg Forex has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.Forex trading involves substantial risk of loss and is not suitable for all investors.
Copyright 2002 - Goldberg Forex Group - All Rights Reserved - Privacy Policy
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