e-GoldSense Ltd. is a regulated Marshall Islands financial institution since 2007, currently providing tax-free offshore investments, with a shareholder capital of 5 000 000 USD. The operations behind e-GoldSense Ltd. are managed by strict regulations and our corporate philosophy is based on the highest of standards with regard to our business practices.
These regulations require that financial trading firms maintain enough liquid reserve capital to cover their deposits and operate under a fair and equitable principle of trade. Today, when technology enables us to do business with people who we have never met in person, trust and good name becomes the most valued commodity.
As a financial institution, e-GoldSense Ltd. offers accounts to private individuals and corporate clients. The accounts can be opened in USD. e-GoldSense Ltd. offers its clients one different convenient ways to fund their accounts (LibertyReserve – These are the quickest and easiest ways to fund your e-GoldSense Ltd. account). All new accounts must meet the minimum deposit requirements. You can find more information about us at the “Frequently Asked Questions” section.
About the Forex Market
The currency market is huge with an estimated USD 3.98 trillion traded every day. This is far larger than both the Stock and Futures markets combined. With this level of turnover, there is always movement in the Forex markets and the chance to make profits, even when other markets are stagnant.
The forex market is unique in that traders can access a 24-hour market very conveniently, without having to wait for the markets to open. At any time, there is always a major financial center open where banks, hedge funds, corporations, and individual speculators are trading currencies. Traders can trade during anytime of the day or night, and do not have to wait for any markets to be opened before placing their trades. This is particularly beneficial to people who hold nine-to-five jobs since they can trade it without any problems in the evening or night.
Forex Examples
Opening a position
We decide to go long dollar against the yen. The quote is 104.97/105.02. We buy one contract (equivalent of $100,000) at 105.02. To open this position, we just need to supply a deposit of $1000 (1% of $100,000).
We decide to go long dollar against the yen. The quote is 104.97/105.02. We buy one contract (equivalent of $100,000) at 105.02. To open this position, we just need to supply a deposit of $1000 (1% of $100,000).
Interest adjustments
If the position remains open overnight (when we run our day-end processing) our trading account is debited or credited daily to reflect the effect of the interest rate differential between the dollar and the yen. Dollar interest rates are higher than yen rates and we receive interest for holding a long position in the higher rate currency, so the interest adjustment is credited to our trading account.
If the position remains open overnight (when we run our day-end processing) our trading account is debited or credited daily to reflect the effect of the interest rate differential between the dollar and the yen. Dollar interest rates are higher than yen rates and we receive interest for holding a long position in the higher rate currency, so the interest adjustment is credited to our trading account.
Closing the position
One week later, USDJPY has risen to 106.85/106.90 and we take our profit by selling one contract at 106.85. Our profit on the trade is calculated as follows:
One week later, USDJPY has risen to 106.85/106.90 and we take our profit by selling one contract at 106.85. Our profit on the trade is calculated as follows:
Calculating profilts Buy 1 contract at 105.02 (¥10,502,000)
1% margin required ($1,000)
1% margin required ($1,000)
Sell 1 contract at 106.85 (¥10,685,000)
¥183,000/106.85 = $1,712.68
¥183,000/106.85 = $1,712.68
Total Profit = $1712.68* Return On Capital of 71.27% in just a week!
* approximately
