Forex is short for Foreign Exchange and refers to a decentralized market that spans the globe and is considered the most liquid worldwide. Exchange rates fluctuate continuously due to ever changing market forces of supply and demand. Forex traders buy a currency pair if they think the exchange rate will rise and sell it if they think the opposite will happen. Unlike the Stock market, the Forex market never sleeps and remains open around the world for 24 hours per day and 5 days a week. Actually, the daily volume of the FOREX is triple the size of all other investment markets combined! Brokers offer variable spreads which means that the spreads are subject to current market conditions. Forex trading is in essence trading currencies for one another. As such, an XM client sells one currency against another at a current market rate.
Attract and retain clients with this contextual, innovative and highly relevant online identity. Position your brand in a way that will help consumers see and appreciate the greater value of your brand over competing ones in the market. Give yourself an edge with tips on managing risk, refining your trading plan and much more.
Leverage is the key for profiting in Forex. Forex dealers often allow their clients to trade with high margin. Margin trading refers to the leverage amount given to the traders to make purchase in the FOREX market. Typical FOREX margins can go up to 100 to 1 or even 200 to 1 where traders are given the power to buy 100 to 200 times more than what they can afford. With high leverage rates in Forex market, traders often find themselves controlling a big sum of money with a little cash put on the table.
If prices are quoted to the hundredths of cents, how can you see any significant return on your investment when you trade forex? The answer is leverage. Risk Warning: Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.
Company incorporated in England & Wales No.04072877 with registered office as above. Commissions for forex trades are calculated off the trade value and then converted and charged to the base currency of the account. As a money manager looking for new clients, use your public system page as a resume of your trading skills.