FOREX is the acronym for Foreign Exchange, the largest financial market with global reach where currencies are traded electronically 24 hours a day.
Until recent years the foreign exchange market was only available to larger financial institutions, governments, and corporations, which traded currencies to settle large financial or commercial related transactions. Technology, legal framework, and financial strength were part of the required elements that kept this activity from reaching individuals.
As a result of the evolution of information and technology, currency trading is now available for individuals to engage in the lucrative activity of proprietary currency trading, speculating on the value of a currency for a short period of time. Individuals participate from their homes or offices in either full time or part time trading.
How does FOREX work?
Currency Trading is the main activity in the foreign exchange market where buyers and sellers meet primarily in an over the counter (OTC) environment. Currencies are exchanged in large volumes for commercial or financial reasons.
The value of a currency fluctuates constantly and is influenced by many factors. When a successful position is entered, the earnings could easily outperform many other financial instruments. Currency traders sell and buy currencies with the objective of capitalizing from intra-day volatility. In simple terms, traders try to buy low and sell high.
Computer software offering fast entries and exits will help you in increasing profits that exceed as much as 100% of your net principal. You control your own money and you manage your own risk without having to depend on anybody.
Some reasons to learn how to trade FOREX
- Only a few major currency swaps are traded as opposed to thousands of stocks
- FOREX price movements are unrelated to the stock market
- The return on your investments is not what you expected
- Trade part time or full time, 24 hours a day, five days a week
- Trade from home or anywhere you want
- Be your own boss
- No restrictions on short selling. FOREX trading is profitable in both rising and falling stock markets
- 24-hour liquidity in just minutes
Forex Currency Institute (FCI) has designed it’s course curriculum so that anybody can attend, understand, and learn how to trade in the foreign currency exchange (FOREX) market.
The one-day intensive course is offered twice a month at our Austin facility. The course is scheduled on the second and fourth Thursday from 8 AM to 6 PM. The course includes a follow-up one-on-one coaching and tutoring; and one full year of membership in the FCI alumni and self-investor group. The self-investor group meets once a month at the FCI Austin facility.
FCI’s students will have the opportunity as part of the course, to trade with real-time charts and trading stations, giving them a first-hand exposure to the excitement of real trading, applying everything they learned during the course, and sharing a question and answer session.
Course Curriculum Overview
- Introduction to the Foreign Currency Exchange Market
- Downloading software
- What is Forex
- Forecasting Market
- Creating a Workstation for trading
- Fundamentals of trading
- Economic fundamentals
- Introduction to technical analysis
- Advanced trading charts and indicators
- Fibonacci numerical sequences
- Money management principles
- Six steps to success
- Getting started with a trading station (live trading)
- The business of trading (start your own business or your investment strategy)
- More tools and disciplines used to trade successfully in the Forex market
“I used to work for a large company, tired of always the same, after learning about the FOREX through FCI’s course and being a part of the alumni-investor group membership, in a short period of time I was able to leave my job and dedicate my full time and attention to FOREX, which now provides me with the financial freedom I was looking for!”
N.R. Houston, TX
“FOREX provides me with great additional income just doing it part-time from home. I learned that a good education is a key to success in the FOREX market. My wife and I enjoy trading together and will soon be able to do it full time.”
M.O. Tomball, TX
“I finally was able to find a market in where I can get the returns I wanted and much more! I used to have Mutual Funds earning a very low return, and sometimes even losing. I liquidated my Mutual Funds to invest in FOREX and I have been able to make a healthy amount of money since then.”
T.S. San Antonio, TX
“I trade only an average of 4 hours a day and I am making $300 to $500 per day. I use the rest of my time doing what I always wanted to do? playing golf.”
R.C. Austin, TX
“I didn’t have the capital to start by myself, so I invited few friends to join this great opportunity, we each put the same amount of money, after a short amount of time we got our investment back and each of us is getting a nice revenue check every month.”
C.O. Houston, TX
” FXCI’s support has helped me a lot. I improved my success to failure ratio by 50% in just the last two months” ”
S. H. Canyon Lake, TX
” I find FXCI’s Investors’ Club a way to relax and do my FOREX trading in a very comfortable environment, learning through sharing my successes and losses with others. ”
D. H. Cedar Park, TX
” I have been a FXCI member for six months. I started with a demo account and now I have had my regular 1% account for the last four months with a handsome profit thanks to FXCI’s tutoring and one on one support program. ”
G. J. Austin, TX
” I find FXCI’s Investors’ Club a great way to trade FOREX. I network with other FOREX investors, I get the help and the support at the moment that I need it. My sucess rate has increased considerably since I joined FXCI. ”
J. P. Austin, TX
Frequently Asked Questions (FAQ) Page
Q: How much money do I need to start FOREX trading?
A: You can start with as little as $300.00 U.S.D. opening a “mini” account. This type of account will help you start and become more familiar investing real money, once you feel comfortable dealing with your own money, then you can increase your account limit according to your risk appetite.
Q: Do I need to start with real money right away?
A: No, FCI will set you up with a “demo” account during the course so you can trade with live charts and pretend money for a period of 30 days until you feel comfortable enough to trade real money.
Q: Do I get guidance and support from FCI once I start FOREX trading?
A: Yes, you will not be on your own. FCI will give you FULL trading support via fax and online for the first 30 days after the course.
Q: What happens if after the first 30 days of the course I still need help or I have not understood everything?
A: You have one full year to attend FCI’s course as many times as you need to refresh everything you learned on the first one, at no additional cost to you.
Q: Do I need to have experience trading?
A: No, you do not need to have any previous experience in trading, if fact, a large percentage of FCI’s students had no past experience trading. FCI’s course is designed to be beginner-friendly with a very easy to learn format.
Q: Why is Forex so popular?
A: Because Forex offers the freedoms that other business opportunities don’t offer. You can do it from home, work, or almost anywhere. Work the hours you want since the Foreign Exchange Market is open 24-hours a day, 6 days a week. Forex traders can potentially earn a very high income without having to worry about inventories, employees, collections, and other business-related issues.