Hello everyone!
I decided to post here because I don�t know if this is a silly question, but nothing else to do, trust a lot in the forums so a great broker can this answer this for me.
I�ve been hearing about that options for forex or forex options, but I don�t know what they are, Q is, What is (or are) option�s forex? Does somebody can help me??
Very thank you.
Hello oharas,
Read this it will help you to under stand about trading in forex in options.
In finance, a foreign exchange option (commonly condensed to just Forex option or currency option) is a imitative financial tool where the holder has the right but not the compulsion to exchange money denominated in one currency into an additional currency at a pre-agreed swap over rate on a particular date.
The Forex options market is the earnest, largest and liquid market for options of any kind in the globe. Most of the Forex options volume is traded OTC and is frivolously regulated, but a portion is traded on exchanges like the International Securities Exchange, Philadelphia Stock Exchange, or the Chicago Mercantile Exchange for options on futures contracts. The worldwide market for exchange-traded currency options was notionally valued by the Bank for International Settlements at $158,300 billion in 2005.
These are tools for a trader to limit the risk, for investor Fx options help to minimize losses and to raise profits, they are extremely popular at periods of economic reporting. Also they have an unlimited profit potential. They are so great, I think is the fashion of Fx, when trader know how to use the can be a potential tool to gain good money.