Know Forex Trading, Investment That Needs Big Guts. For those of you who have or even often travel abroad, may be familiar with the exchange of currency or foreign exchange (foreign exchange / forex). If you look closely, the exchange rate can go up and down or fluctuate depending on when you exchange money that you have with other currencies. The exchange rate fluctuations are then used for some as one of the instruments of investing and making a profit. Curious how? Simply put, you can invest by saving foreign currency within a certain period of time at home or in the bank and redeem it when the currency is kept up by the exchange rate. However, there are actually other ways that some investors do to reap more profits, namely by trading and trading with currency exchange (forex trading). However, instead of investing his name if without risk. With a high profit potential, the opportunity loss is quite large. To what extent are the risks and opportunities of profit?
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| Know Forex Trading Investment That Needs Big Guts |
Financial planner Eko Endarto says, forex trading is usually done derivatively or using a contract between one party with another (bilateral). The contract, in the form of a redemption agreement whose value is derived from the product into the reference value, in which case both currencies will be exchanged. Trading forex is generally done in futures exchanges because it is not physical. In contrast to forex investments in banks by exchanging physical money. First of all, you must choose an official broker from within the country or abroad that is directly covered by the commodity futures trading authority in each country. In Indonesia itself, the authority is under the Commodity Futures Trading Supervisory Agency (Bappebti).