January 22nd, 2010
First of all: 75% of our readers and followers on Twitter are familiar the advantages of the FOREX market. However beginners are not, so this especially for you guys.
Besides many other positive aspects there are a few facts which stand out from the rest: Liquidity, absence of market manipulation, nonstop trading activity, no bull & bear cycles. Lets take a closer look at these factors.
1. Liquidity:
The Forex market is by far the most liquid market place in the world. Only the daily retail volume – which accounts for approx. 3% of the total volume – is about 100bn USD (yes, per day). Thus investors are always able to buy and sell at very competitive prices. The spread in the Forex market is usually not higher than two pips (otherwise change your broker!) for the mai n currency pairs comprising EUR, USD, JPY, GBP, CHF. Read the rest of this entry »
Tags: currency trading, Forex, Liquidity, Market manipulation, Trading
Posted in Forex Market | Comments Off
January 9th, 2010
Even though our name was reconsidered again and again, its probably not self explaining without seeing the first release. So let us bring some light into the darkness.
Fx is just a common abbreviation for FOREX. So what has Forex to do with bees? Actually nothing, and also in our case its just a symbol to describe the main vision behind our platform. Bees are no loners, they live in hives to survive. Through mutual assistance single bees survive and also ensure the survival of the whole hive. Without a hive bees are lost and will die rather sooner than later.
So the magic word for both FxBees.com and bees is: Collaboration. However we do not collaborate in collecting nectar, FxBees.com is about collaboration on the FOREX market. In the following postings you will learn more about what makes FxBees.com so unique!
Tags: Bees, Collaboration, Forex, FxBees, Hive
Posted in FxBees inside | Comments Off
January 8th, 2010
Arriving on the home stretch towards the launch of our FxBees.com beta release, we considered it the right time to give FxBees.com a voice. From now on we will report about our progress, startup insights, interesting Forex news on a regular base.
If you came here by following our tweets, you already proved your interest in the FOREX market. If not, dont worry, we will show you very soon, why FOREX outrules every other market. In any case you might ask yourself: What is this all about? What does FxBees.com stand for? What is the main idea? These are all good questions, deserving an answer – but too many for one blog post! So check back for answers regularly and you will understand pretty quick, how FxBees.com is going to revolutionize the FOREX market.
Tags: Forex Market, FxBees, Startup
Posted in FxBees inside | Comments Off