Amount:
From:
To:
Result:
Find the Latest Exchange Rates for any currency:
FXproTec Universal Currency Converter is easy to use - Just input the desired "Amount", select a currency "From" (the currency you have) & "To" (the currency you want) drop-down menus and that's it - the Exchange Rate is shown automatically under "Result"
The FXproTec Universal Currency Converter's data is continuously Updated throughout the day - so you always have a benefit of the latest exchange rates.
The Currency Converter provides rates for All the World's major and exotic currencies that we just could think of.
The Currency Converter is accurate up to the fourth digit after the point (see FAQs for more)

Forex Hedging

Forex Hedging and Risk Management

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forex hedging

Successful Forex trading is not about luck, it is based on informed research and meticulous analysis.
 

Currency trading can be very lucrative or very risky depending on how knowledgeable and disciplined the trader is.
 

Trading in any leveraged and volatile instrument can be potentially a risky business. That is why risk management is so important for trading currency successfully. You simply cannot afford not to use it. Jump-into-the-water-first-and-learn-to-swim-after approach will likely not work very well in the world of forex trading, as the possibility of losing your pants can become a painful reality in no time.
 

Trying to learn from someone else’s mistakes is always more preferable than learning on your own.
 

Learn how forex hedging works.
 

Learn here about Profit/Loss Ratio

“…There is one major difference that separates the best traders from the rest. It is also a critical difference.”
 

Learn here about Loss Limits

“…So, how much funds can a trader afford to lose on any single trade?”
 

Learn here about Profit Target

“…Profit/loss – or in other words, reward/risk ratio – is an essential part of any risk management system.”
 

Learn here whether Risk=Returns?

“…I bet you have heard numerous times that the risk should be equal to the returns. Sounds like a rudimentary thing. Is it not something obvious? But what does it actually mean?”
 

Learn here about Risk Adjusted Rate of Return

“…Hedgers want to reduce their currency fluctuations exposure, and are willing to pay for this. Speculators are willing to accept these risks in a hope to cash in.”
 

Our free trading the forex e-courses are for registered members only. Registration is free and takes only a moment.

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TESTIMONIAL

“Right on target. I highly recommend this site. After reading material here for an hour I could understand more about how currency trading works than I did after reading forums for several month and taking "promotional" courses from the major forex broker.”
currency trading -R. Thompson