The Main Prospect & How Forexing Works

he main prospect is to try and to buy whenever a rate of trading between currencies declines. For example on July, 2003 the rate of U.S. dollars to Euros was 1.0367 and lets say you bought 1000 Euros, that is about $1036.70 U.S. dollars. One year later, the exchange rate for Euros to U.S. dollars changed and is now 1.3074, and lets say you sell your euros. You basically made a profit of $270.70 over a course of year. Of course the the time the rate changes may vary and may not take a year, this is just an example of how Forexing exchanging works. You can test how Forexing works with a practice account before you get into the real thing with this demo account here.