Forex Blog

An alternative way to play Forex is by investing into ETFs - so called Exchange Traded Funds. An ETF is usually a stock based fund, but the Market is developing fast and companies like Proshares provide ETFs as proxies for commodities, precious metals and currencies. One of the most commonly traded ETFs is ULE a double leveraged fund who increases in value when the Euro gains. There are various other Forex ETFs available providing positive or inverse performance gains. The advantage is the lower leverage resulting in smaller risk. Unfortunately, those FX ETF tools can only be traded on the New York Stock Exchange with limited trading hours. Some of the fund allow participation in interest gains. My favorite fund is the Pro Shares Ultra Silver ETF AGQ. I like to trade Silver during liquid market hours as the spread is much more attractive than trading XAGUSD on a FX platform. Nice action for daytrading! ETFs can be purchased over most stock brokers including discount brokerage company Sogotrade.