Why Trade Forex?

•24 hour tradingOne of the major advantages of trading Forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.•Superior liquidityThe Forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market,...

Collection of personal information

We collect information required to open an account, to transact business effectively and to safeguard your privacy. To do this, we gather information to help us assess your needs and preferences.The information we collect directly from you includes information required to communicate with you, including your name, mailing address, telephone number, e-mail address. In addition, we collect information...

More Forex trading examples :

The investor follows the cross rate between the EUR and the Japanese yen. He believes that this market is headed for a fall. As he is not quite confident of this trade, he uses less of the leverage available on his deposit. He chooses to ask the dealer for a quote in EUR 1,000,000. This requires a margin of EUR 1,000,000 x 5% = EUR 10,000 = approx. USD 52,500 (EUR /USD 1.05).The dealer quotes 112.05-10....

British Pound stronger than majors

The British pound was generally strong compared to the majors, though the action, most of the currency was at its fall versus the U.S. dollar and the Japanese yen. Apparently, the pound sterling is to remain extremely volatile next week before the Bank of England (BOE) completion rate on Thursday at 7:00 ET. The BOE is expected to maintain the same rate of 0.50%, but this will not even market influential...

US Dollar and Japanese Yen stayed the strongest

The Japanese yen and U.S. dollar were the strongest in the majors on a day when the U.S. stock indices pushed more than 2.5 percent. This shows that market relations and risk aversion are active. In fact, the CBOE ViX index of instability, an alarm measures of the market, rose more than 30 for the first time since July. FX carry trade down again, as NZDJPY fell sharply by 3.74%, while CADJPY and AUDJPY...

What is forex?

The largest financial market in the world, Foreign Exchange market, Forex or FX market, all the terms are used to describe the business of trading of the world's various currencies, with more than $2 trillion changing hands every day. Being an international foreign exchange market, Forex is a market where money is sold and bought freely. FOREX was launched in the 1970s, to become the biggest liquid...

Forex Trading – More Technical than Intuitive

The FX, Forex or foreign exchange, is all vis-à-vis money. Foreign currency from all around the world is available to be bought or sold here. Any individual Forex trader or big and powerful business firms can buy or sell currency freely, on this currency exchange platform.When dealing in foreign currency exchange, there is an ongoing cycle of buying and selling in the market. A trader can buy one...