Thread: Why FOREX? - Page 2

Originally Posted by GamblingProfesional

@eForex thx for the information about how the forex market works However, I still do not know how binary options works This product is like forex´s martingale...

Hello Gp, Binary options is nothing but paying out fixed returns. As the name suggests (binary, 0,1) you either win or you lose.
I wrote an article here on Binary Options for further reading if you want to know more.

Originally Posted by brbbX

Forex seems to have huge potential, I just think that getting customers costs way more

Monetary costs, depends on how you intend to promote a forex broker. In other aspects, promoting forex is just as similar to promoting any other product. The difference being that it would take much longer time for conversion if you're looking at a trader who is opening a standard account or higher.

Hi,

I think anyone can choose any kind of business and its mainly depend upon the interest of the person that he want to step into which field. Its not at all necessary that we have to follow any kind of fashion. It is your choice and decision which depends upon your knowledge and capabilities.

Why Become a Forex Affiliate?

A less crowded market:

Whereas the Forex trading market has been around for many years,
Forex affiliate programs are relatively new. Affiliates who join with us
are entering a less crowded market than online gaming which gives you
more opportunities to create rewarding new niches for yourself.
The Forex affiliate market of today is where the gambling affiliate market
was 6-7 years ago; not yet too crowded but growing at an incredible pace.

Legality:

Forex trading is a legitimate form of speculating on financial markets and
this means that it is not affected by laws which restrict gambling or casinos
online. A Forex company that is fully regulated is much easier to promote –
meaning more conversions for you.

Market growth:

Today, Forex is one of the fastest growing online industries. Forex trading
is available wherever there is an internet connection. As a result, millions
of people who’ve never considered financial investment before are being
drawn to the simplicity and profitability which the Forex market can offer.

Global foreign exchange market turnover was 20% higher in April 2010 than
in April 2007, with average daily turnover of $4.0 trillion compared to $3.3
trillion, those numbers are shown in the Triennial Central Bank Survey 2010.
At the same time, the total e-trading volume generated by research
participants more than doubled.

If any Poker or Casino webmaster/affiliate needs to over come any fears and step into the unknown of the Forex Market,then I will be more than happy to answer all your questions.........or as many as possible......lol

Just simple send me a PM or add me for a friendly chat via Skype in the coming days = ironman20001

I hope all who had a wonderful time even though it was not possible for me to attend!

Cheers Keith