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How and where can I invest in foreign currencies?
Where can I invest in or buy foreign currencies securely on the internet? Or where at least can I learn more about such investing?
I am interested in buying foreign currencies and holding them until their value against other currencies (hopefully) improves. For example buying euros, pounds or yen and sitting on them. Does anyone know where I can do this online?Incoming search terms for the article:
10 Responses to “How and where can I invest in foreign currencies?”
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deji a July 1st, 2010 at 2:45 pm
you can get a very good investment in nigeria…..in forbes magazine it was stated that 92% of those that invested in Nigeria made 200% of there initial investment i think u know what that means?…………..it means good money???lol buzz me for more details
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Jason F July 4th, 2010 at 4:31 am
The easiest way to buy them is through ADRs (American Depositary Receipt)
They trade on the US exchange in US dollars, but represent shares of foreign compainies.
They have them for most sizeable foreign companies. If you want to go with a smaller cap company – you have to go in and get a quote from that exchange and convert the dollars.
Most brokerages will do it for you – but will probably charge extra for the trouble.
Good luck
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Myself I’m day trader and I did investe in the currencies
short term kind of investment or trading. one of the way
to start this kind of career is in FXCM.com , ask them
for demo accounts where you can practice without risking
you own money. They have there lot of opportunities to
learn , Make that you do not start trade on real money
any after you are doing well on paper.Good Luck.
Dror -
andrew July 4th, 2010 at 11:31 am
do you mean to invest in forex market with out actaully having the money on hand. You can trade the forex cash market. . You cancheck out forums moneytec.com elitetrader.com .
I use cmcforex.com as my broker. -
Q : [How and where can I invest in foreign currencies?,....
**Where can I invest in or buy foreign currencies securely on
the internet?.
** Or where at least can I learn more about such investing? ].
A : { See>>.
Hence;
1)-** Just. the best way to buy foreign currencies is going
through ADR (American Depositary Receipt).
*Since, they trade on the US exchanges in US dollars,
* But they represent shares of foreign companies.
*They have them for most sizable foreign companies.
2)-** If you want to go with a smaller capacities company –
you should go in , and get a quote from that exchange and
convert the dollars.
**Since, most brokerages will do it for you -
*But, they will probably charge extra for their services, too!.
3)-** [ Go to Google Search,
Site : [ invest in / buy foreign currencies / usa / uk / etc. ],
to learn for additional info / details ! ] }.
OK
Mercy
A77p
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Shelly July 9th, 2010 at 12:36 pm
I will leave the website for the information I am about to give you in the source box.
A great alternative to investing directly in foreign currencies is to invest in International CD’s. The investment is gauranteed by the Government of the country you are investing in. The risk comes from the currency fluctuation.
However, let us look at the Icelandic Krona. It has a APY of 12.14%. In order for you to lose money, the US dollar has to move up against the Krona by more than 12.14%. If the Krona moves up against the US Dollar, you get your 12.14% interest, plus the currency growth.
Do you see how you are getting the best of both worlds?
I strongly recommend this instead of investing in currency. There appears to be much more safety this way.
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Derrek M July 10th, 2010 at 4:43 pm
I had the same problem as you have.
I had a good amount of money, but didn’t knew where to invest it.
So I looked around for something that gave me a great return towards a low risk.
And the only thing I could find was a mannaged account.
Here you can follow up my results of every day:I’m verry excited because I already have 56% ROI in Two months time.
My moneymannager is giving me great support, and answer all of my questions almost immediatly.
Annyway feel free to contact me (derrekmay at gmail.com) and I’ll bring you in direct contact with my money mannager. -
you may also check this source as an alternative to forex trading.
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evermore July 15th, 2010 at 5:30 am
You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account.
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