November 1st 2011 – The Forex market is a unique market for a number of reasons. Not only is it open for trading 24 hours a day, 5 days a week, unlike any stock markets, it is possible to trade foreign exchange pairs without having to pay commission on any of the deals. However, like any form of trading there is a risk to offset the potential gains, and it is advised that anybody wishing to enter the trading arena be armed with the latest information and strategies to help them trade more effectively and with minimal potential loss.
Learning the basics of the Foreign Exchange market can be done online. Everest Forex offers a range of online tutorials that enable users to get to grips with the basics before moving on to learn some of the advanced strategies that can be used to minimize loss and increase profit potential. The new trader can pick up everything they need to know including a background on the market, explanation of the plentiful terminology, and how to use data like technical analyses to predict price movements.
Everest Forex also offers a bonus program that offers new users $100 of real trading money once they complete a trading simulation. Traders are first taught the basics of the trading system before sitting a simulation. Those that pass are then awarded bronze membership of the Everest Forex system which includes a $100 bonus. The bonus does not require users to deposit any money and it is real trading cash, rather than practice money or simulation money.
Everest Forex continues to pay bonuses to users too. The more currency a trader trades, the more points they receive in the Everest system and with Silver and, eventually, Gold Membership, additional bonuses are paid. Introducing new friends to the Everest system is another way to earn bonuses with $50 more trading currency.
Everest Forex Ltd
Benson Street Quay,
Tel: + 353 1 898 2900