Forex Trading, The New Oil Discovery In Ghana

The news of oil discovery in any nation brings smiles to the faces of its people who are eager and ready to put their name on the list of oil rich nations of the world. In some parts of the world, the story becomes different as it turns to be more of a curse than a blessing.

In Africa one wonders whether our people are really benefiting from such finds and what plans we are putting in place to have a larger stake in such landmark resources.

Ghana the newly African country to have discovered oil seems to be doing everything possible to take advantage of its new black gold. On the other hand there is a new discovery, one that seems to be putting money directly into the pockets of his people and some few individuals that are taking advantage of this platform on the African market.

Markets are places where goods are traded and the same goes with Forex. In forex market the 'goods' are the currencies of various countries (as well as gold and silver) for a example you might buy euro with US dollars of might sell Japanese Yen for Canadian dollars.

Of course you don't have to purchase or sell actual physical currency: you trade and work with your own base currency by the power of the internet. Forex has become a high profitable worldwide internet related business and the largest, fastest growing trade organization in the world.

Its daily turnover is more than 2.5 trillion dollars; the participants in this market are the central and commercial banks, corporation, international investors, hedge funds and some few individuals.

In Ghana, the story of any internet business seems not to go down well due to many cases of fraud but this is becoming a thing of the past as more people are gaining education and training. At the Future Pip training centre I was shock to find people who have left their traditional jobs to attend a free basic training in Forex trading.

According to Mr. Simeon Odo head of Operation, Future Pip Ltd, those involved in forex are aware of the potential of having a high profitable business on the side to your traditional job.

A good forex brokerage is one with a successful margin, derivative and risk management executives with so many years of experience on the online trading platform these he said are the brains behind Future Pip coupled with a great track record of trading providing money managers, institutions and individual traders across the globe with world class trading platform and services.

As part of their social responsibilities Future Pip organizes one day free training every Wednesdays to educate the general public especially those with no knowledge of forex. With his well regulated award winning Metatrader 4 platform, No dealing desk, leverage up to 500:1, no minimum account balance, multi-bank liquidity and pricing one is sure of a good forex trading with expert advisors on the side.

Mr. Simeon also add that for those who are not sure for such venture there is a free practice account of 100,000 USD of what they call the demo account to prepare anyone who really want to make extra cash or start a new business.

There are also special training from basic to professional grade for the Ghanaian market and the world as a whole.

For the records daily retail forex volume reached $125 billion in 2009, up from $10 billion in 2001, 3% of the overall $4 trillion forex market.

FX market is expected to reach $10 trillion per day by 2020 according to the Aite Group, Bank for International Settlements, UBS Research. Some of our students are already in business making up to $50 dollars a day.

Thanks to improve market access reduce transaction cost and more efficient execution one is sure of seeing his profit. Forex is indeed a risk investment venture but at Future our automatic margin tracker is there to protect our traders from going equity negative.

Forex he said is all about buying low and selling high and the profit potential comes from the fluctuations (changes) in the currency exchange market. Future Pip will always be ready to give you all the technical support even after your training and a 24/7 customer service stand by not forgetting a flexible method of deposit and withdrawal that suit both local and international fx traders.

When ask what are the like benefits of Forex to our economy as country, Mr. Simeon added that it is a sure way of ending unemployment among the youth who use their time surfing social media networks like facebook when that can be use making money at click with the right platform like that of future Pip. He went on to say as country our remittance level can go higher as a result of earnings and withdrawals in our local currency.

Future Pip he said has a lot of drawn up programs for the year to increase the knowledge base of Ghanaians when it comes to Forex trading. All you need to do log on our website www.futurepipfx.com or any of social media sites and educate yourself and do not be deceive by anyone with any platform seeking to double your money there is nothing like that in forex. So go on get your part of the deal and start making money remember not put all your investment in one basket.