ETFs

Eight Super-Easy Ways to Buy Currencies on the NYSE

Currency Exchange Traded Funds are the latest product leading the revolution.

Currency Exchange traded funds or ETFs have opened the world of currency trading to everyone who has a standard stock brokerage account. It’s as easy as buying any regular stock! There’s no need for special currency trading accounts anymore.

Eight currency ETFs are now available and I’m sure this list will grow as ETFs become more popular. Right now, these ETFs include: euro (FXE), British pound (FXB), Mexican peso (FXM), Swedish krona (FXS), Australian dollar (FXA), Canadian dollar (FXC), Japanese Yen (FXY) and Swiss franc (FXF). All are traded on the New York Stock Exchange.

It’s a product that delivers exactly what investors like us want: low cost, easy access, efficiently priced and constant liquidity. Plus, ETFs offer investment strategies that are limited only by your imagination. And the potential return blows away the pitiful 3% or 4% you receive if you parked your cash in a money market account.

For those who want more then overviews but suggestions on exactly what and how to trade, our Currency Capitalist newsletter is the best place to start.

Each month The Currency Capitalist and editor Chuck Butler will bring you vital information about the forces that are driving currencies – and in depth analysis of the forces driving one of the “Big Eight” every month. Information and insights you won’t hear anywhere else. Plus a crystal clear explanation of what it all means, exactly what opportunities are arising from them and how to profit. Click here to learn more.