Facebook is the world's largest social network. It was established in 2004 by Mark Zuckerberg and his roommates Dustin Moskovitz, Eduardo Saverin, Andrew McCollum, and Chris Hughes, while studying at the Harvard University. Originally, the site was named Thefacebook and was only available for Harvard University Students. Later on, it opened up for registration for other Boston Universities and, then, for US secondary school students. Since September 2006, Facebook is accessible to all internet users from around the world, aged 13 years and above.
Registered users can create a profile, add other users, post photos and status updates, exchange messages, share videos and create groups. They can, also, join user groups with common interests and categorise their ‘friends’ into lists. As of September 2014, the social networking site had 1.35 billion active users and 1.12 billion mobile active users per month. Facebook held its IPO in 2012 and started selling shares three months later, reaching a record market capitalization of $104 billion.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.