What Is Forex?

By Forexter

Whenever we encounter the terminology 'FOREX', layman would call it Foreign Exchange, which technically isn’t wrong. But in the investment world, we label Forex as a form of exchange for the global decentralized trading of international currencies. The word FOREX is sensitive and would have different reaction based on different age group. The young (age between 18 – 35) would find that it is an activity which has high risk with high returns, it is a game of “daringness” which might not be suitable for the majorities.

The middle age (between 35 – 50) would assume that FOREX is a scam, which is somehow true as there are many unforeseeable ‘traps’ that has been laid down by scammers, and their hard earned money would turn from INVESTMENTS to LOSSES. As a matter of fact, these are quite rampant nowadays. I’ve came across a so called “Legal Forex Brokers” which encourages its clients to introduce more clients under their wings to earn the Referral Fees, as such, it would sound like some Pyramid Scheme because the whole intention is to get more recruits rather than earning money from Forex Trading. They (the middle age group) would also find this type of investment troublesome as they would have a proper job to do and this form of investment does require an extensive amount of time to prevent unforeseen changes in the market. 

The elderly age ( 50 and above) would be interesting, they are quite extreme as some has the ‘guts’ or courage to actually join without understanding it or some are quite reluctant although they understand how the mechanism works. They (the elderly) are indeed the group which Invest ACE are worried about as they may not have the ability to sustain the pressure of the market and they may lose all their retirement savings should they are not equipped with proper knowledge, capital and strategy.

Invest ACE has done some research and would like to share out with readers on how to ensure oneself being prepared for this kind of investment:

FOREX

Main Activities:      To trade various currencies (EUR, USD, GBP, JPY, AUD, NZD, CHF and etc.) between a wide range of buyers and sellers around the clock (except on weekends).

Minimum Deposit: Varies, some brokers may start from as low as USD 1.

Projected Returns: With the difference in terms of skills, experience and strategy, some would earn 3-5% monthly or more than 100%.

Risks: High but manageable with proper knowledge and mindset.

How we rate this form of investment:

Return	High
Risk	High but Manageable
Initial Deposit	Low
Conclusion	*** We believe in the phrase “Do Not Put All Eggs Into One Basket” especially Forex to yield a certain percentage of risks. We advise investors to allocate possibly 20% of the investment fund to check on your level of acceptance of the volatility in the market. Most legal brokers will provide a “Demo” account which enables investors to try on their product / trading platform before really embarking oneself into the trading market. Some brokers will even provide training courses which would benefit investors as they would share relevant information and analysis of the market to ease the burden of investors.
Plus Points	Some brokers do have a “Fund Manager” who will trade on behalf of the investors. Usually this service is rendered on a “profit sharing” basis and also “Capital Loss Policy”.

With Invest ACE, we will keep investors posted with the latest updates, trading hints and signals on the major trading currencies via Meta Trader 4 (MT4) platform. We will post charts, analysis, and also the reasoning behind our actions taken. All signals and hints would be provided for by one of our administrators (Forexter) who is a Forex Fund Manager in a United Kingdom Forex Trading Brokerage firm.

Disclaimer: The “signals” and“hints” mentioned above are solely based on Invest ACE’s personal technical analysis with the aid of professional training, decades of experience and meticulous foresight; Invest ACE shall NOT be held liable for any losses (financially or otherwise) incurred by any parties relying on aforementioned analysis without prior professional consultation. Should you wish to find out more on how to invest wisely, do not hesitate to contact Invest ACE via investace126@gmail.com.