Forex4u
Global banking & finance review forex4you ให้คุณยีโаёаёѓаёіаёєа№ђаёћаёґа№€аёўаёјаёіаёўа№„ด้โดยฃำ฼๐ป็น leader (ผู้นำ)а№ѓаё™ social trading аё‚аёаё‡ share4you ใิะ฼ับ฼ำยได้ค่ำคаёаёўаёўаёґаёљаёљаё±а№€аё™аё€аёіаёѓ follower (ผู้ตำย)а№ѓаё™аё—аёёаёѓаёѓаёіаёјаё„аё±аё”аёґаёаёѓаёєаё±аёќаёќаёіаё“а№ђаё—аёјаё” คุณฺำยำ฼ถตั้งค่ำคаёаёўаёўаёґаёљаёљаё±а№€аё™аёєаёіаё«аёјаё±аёљаёѓаёіаёјаё„аё±аё”аёґаёаёѓаёєаё±аёќаёќаёіаё“๐ท฼ดได้ด้วยตัว๐аёаё‡ $2,$4,$6 аё«аёјаё·аё $8 аё•а№€аё 1 standard lot ยิ่งยีจำนวนผู้ติดตำยยำฃขึ้น ฼ำยได้ขаёаё‡аё„ุณฃ็จะยิ่งทวีคูณยำฃขึ้น
New forex bonuses
Аёўаёаё”ฃำ฼ใบ้บ฼ิฃำ฼ที่ผ่ำนยำ
Leverage аёўаёіаёѓаё–аё¶аё‡ 1:2000
Spread а№ѓаё„аёљ
Аёўаёµаёљаёјаёґаёѓаёіаёј copy trade
Аё›аёјаё°аёўаё§аёґаёњаёґаё„аёіаёєаё±а№€аё‡а№ђаёћаёµаёўаё‡ 0.1 аё§аёґаё™аёіаё—аёµ
Аёџаёјаёµ! А№ђаё„аёјаё·а№€аёаё‡аёўаё·аёаё§аёґа№ђаё„аёјаёіаё°аё«а№њаё•аёґаёіаё”
Аё•аёјаёіаёєаёіаёја№ѓаё«а№‰а№ђаё—аёјаё”аёўаёіаёѓаёѓаё§а№€аёі 150+ аёљаё™аёґаё”
Аёљаёјаёґаёѓаёіаёјаё•аёґаёаё” 24/5
А№‚аёљаё™аё±аёєа№ђаё‡аёґаё™аёќаёіаёѓаё–аё¶аё‡ 100%
Аёўаёµ webinar а№ѓаёґаё° seminar ทั้งปี
А№ђаёґаё·аёаёѓа№„ด้จำฃ 5 аё›аёјаё°а№ђаё аё—аёљаё±аёќаёљаёµ
Аё”้วยบ฼ิฃำ฼๐ท฼ดаёаёаё™а№„аёґаё™а№њаёѓаё±аёљ forex4you
Аё„ุณฺำยำ฼ถซื้аёаё‚ำยได้ยำฃฃว่ำ 150 аё•аёјаёіаёєаёіаёј - forex, commodities, indices а№ѓаёґаё° stocks
Аё«аёўаё§аё” forex
Аёўаёіаёѓаёѓаё§а№€аёі 50 аё„аё№а№€а№ђаё‡аёґаё™
Аё«аёўаё§аё” commodity
Gold, brent, WTI and more
Аё«аёўаё§аё” indices
Аё«аёўаё§аё” stock
Аёўаёіаёѓаёѓаё§а№€аёі 50 аёљаёјаёґаё©аё±аё—
Аё„ุณฺำยำ฼ถ๐ท฼ดได้จำฃหิำฃหิำยใพิตฟаёаёја№њаёўаёћаёја№‰аёаёўа№†аёѓаё±аё™
А№ђаёћаёґа№€аёўаёјаёіаёўа№„ด้ขаёаё‡аё„ุณด้วยฃำ฼ใบ฼๜ฺัฝฝำนฃำ฼๐ท฼ด
Аёєаёја№‰аёіаё‡аёјаёіаёўа№„ด้ยำฃขึ้น
Forex4you ให้คุณยีโаёаёѓаёіаёєа№ђаёћаёґа№€аёўаёјаёіаёўа№„ด้โดยฃำ฼๐ป็น leader (ผู้นำ)а№ѓаё™ social trading аё‚аёаё‡ share4you ใิะ฼ับ฼ำยได้ค่ำคаёаёўаёўаёґаёљаёљаё±а№€аё™аё€аёіаёѓ follower (ผู้ตำย)а№ѓаё™аё—аёёаёѓаёѓаёіаёјаё„аё±аё”аёґаёаёѓаёєаё±аёќаёќаёіаё“а№ђаё—аёјаё” คุณฺำยำ฼ถตั้งค่ำคаёаёўаёўаёґаёљаёљаё±а№€аё™аёєаёіаё«аёјаё±аёљаёѓаёіаёјаё„аё±аё”аёґаёаёѓаёєаё±аёќаёќаёіаё“๐ท฼ดได้ด้วยตัว๐аёаё‡ $2,$4,$6 аё«аёјаё·аё $8 аё•а№€аё 1 standard lot ยิ่งยีจำนวนผู้ติดตำยยำฃขึ้น ฼ำยได้ขаёаё‡аё„ุณฃ็จะยิ่งทวีคูณยำฃขึ้น
Share4you leaders
А№„ว้วำงใจฃับโบ฼ฃ๐ฃаёаёја№њаё—ี่ได้ยำต฼ฐำน฼ะดับโิฃ
А№‚аёљаёјаёѓа№ђаёѓаёаёја№Њ forex аё—аёµа№€аё”аёµаё—аёµа№€аёєаёёаё”а№ѓаё™а№ђаёа№ђаёљаёµаёўаё›аёјаё°аё€аёіаё›аёµ 2020
Global banking & finance review
А№‚аё›аёја№ѓаёѓаёјаёўаёћаёіаёја№њаё—а№ђаё™аёаёја№њаёљаёґаёћаёћаё±аё™аёаёўаёґаё•аёјаё—аёµа№€аё”аёµаё—аёµа№€аёєаёёаё”
А№‚аё›аёја№ѓаёѓаёјаёўаёћаёіаёја№њаё—а№ђаё™аёаёја№њаёљаёґаёћаёћаё±аё™аёаёўаёґаё•аёјаё—аёµа№€аё”аёµаё—аёµа№€аёєаёёаё”
Аёќаёіаёѓаё–аёаё™а№ђаё‡аёґаё™а№„ด้ติаёаё” 24/7
Аё„ุณฺำยำ฼ถยั่นใจได้ว่ำ๐฼ำบ฼ิฃำ฼฼วด๐฼็ว ยีฃำ฼ป฼ะยวิผิข้аёаёўаё№аёґаё—ีฺ่ำยำ฼ถติดตำยได้ а№ѓаёґаё°а№ђаёјаёіаё—аёіаё‡аёіаё™аёја№€аё§аёўаёѓаё±аёљаёјаё°аёљаёљаёаёаё™а№„ิน๜ที่๐ป็นที่นิยยด้วย฼ะบบฃำ฼ถаёаё™а№ђаё‡аёґаё™аё•аёґаёаё” 24/7
А№„ว้วำงใจฃับโบ฼ฃ๐ฃаёаёја№њаё—ี่ได้ยำต฼ฐำน฼ะดับโิฃ
CFD ๐ป็นต฼ำฺำ฼ที่ยีควำย๐ฺี่ยง โป฼ดุึฃษำข้аёаёўаё№аёґаёѓа№€аёаё™а№ђаёјаёґа№€аёўаё•а№‰аё™а№ђаё—аёјаё”
Аёћаёљаёѓаё±аёљаёљаё™ social media
Аёќа№€аёіаёўаёљаёјаёґаёѓаёіаёјаёґаё№аёѓаё„้ำ ตั้งใต่ 07:00 – 22:00 | аё—аёёаёѓаё§аё±аё™аё€аё±аё™аё—аёја№Њ – аёёаёёаёѓаёја№Њ
Forex4you В© copyright 2007-2021 E-global trade & finance group, inc.
First floor, mandar house, johnson's ghut, P.O. Box 3257, road town, tortola, british virgin islands
phone: +1-284-494-1576
fax: +1-284-495-4753
E-global trade & finance group, inc. А№„ด้฼ับаёаё™аёёаёќаёіаё•а№ѓаёґаё°аёаёўаё№а№€а№ѓаё•а№‰аёѓаёіаёјаёѓаёіаёѓаё±аёљаё”аё№а№ѓаёґаё€аёіаёѓаё„аё“аё°аёѓаёјаёјаёўаёѓаёіаёјаёѓаёіаёѓаё±аёљаёљаёјаёґаёѓаёіаёјаё—аёіаё‡аёѓаёіаёја№ђаё‡аёґаё™ (BVI FSC) จำฃฃพหยำยว่ำด้วยหิัฃท฼ัพย๜ใิะаёаёёаёјаёѓаёґаё€аёѓаёіаёјаёґаё‡аё—аёёаё™ а№ѓаёљаёаё™аёёаёќаёіаё•а№ђаёґаё‚аё—аёµа№€ SIBA/L/12/1027
Аё„аёіа№ђаё•аё·аёаё™: аёѓаёіаёја№ђаё—аёјаё”а№ѓаё™аё•аёґаёіаё” forex аёўаёµаё„аё§аёіаёўа№ђаёєаёµа№€аёўаё‡аёєаё№аё‡ ซึ่ง฼วยถึงฃำ฼ฺูฝ๐ฺีย๐งินิงทุนทั้งหยด ฃำ฼๐ท฼ดนั้นаёаёіаё€аё€аё°а№„аёўа№€а№ђаё«аёўаёіаё°аёєаёіаё«аёјаё±аёљаё™аё±аёѓа№ђаё—аёјаё”а№ѓаёґаё°аё™аё±аёѓаёґаё‡аё—аёёаё™аёљаёіаё‡аё—а№€аёіаё™ аёўаёґа№€аё‡ leverage а№ђаёћаёґа№€аёў ควำย๐ฺี่ยงฃ็๐พิ่ย๐ป็น๐งำตำยตัว аёѓаёјаёёаё“аёіаёа№€аёіаё™а№ѓаёґаё°аё—ำควำย๐ข้ำใจให้บัด๐จนฃับ аёѓаёіаёја№ђаё›аёґаё”а№ђаёњаёўаё„аё§аёіаёўа№ђаёєаёµа№€аёўаё‡.
TFG global limited (61 agiou pavlou street, 1st floor, office 6, 1107 nicosia, cyprus) ได้บ฼฼ิุข้аёаё•аёѓаёґаё‡аёѓаё±аёљ E-global trade & finance group, inc.
Аёєаёіаё«аёјаё±аёљаёњаё№а№‰аёаёўаё№а№€аёаёіаёёаё±аёўа№ѓаё™аёєаё«аёјаё±аёђаёа№ђаёўаёјаёґаёѓаёі, аёќаёµа№€аё›аёёа№€аё™, а№ѓаё„аё™аёіаё”аёі, аёаёаёєа№ђаё•аёја№ђаёґаёµаёў, ใิะยุโ฼ป ไยฺ่ำยำ฼ถใบ้บ฼ิฃำ฼ได้ share4you & forex4you а№ђаё„аёјаё·а№€аёаё‡аё«аёўаёіаёўаёѓаёіаёјаё„้ำทั้งหยด๐ป็นขаёаё‡ E-global trade & finance group, inc.
Trade major US tech stocks this earnings season
Why are traders choosing FOREX.Com?
Global market leader
Connecting traders to the currency markets since 2001
Professional accounts
Discover the FOREX.Com
pro service
Innovative & award-winning
Our new mobile app offers one-swipe trading and lightning fast execution
Financial strength you can depend on
Your FOREX.Com account gives you access to our full suite of downloadable, web, and mobile apps.
Trade on one of the world's most popular trading platforms with access to dedicated support and integrated trading tools exclusive to FOREX.Com.
Leverage our experts
Our global research team identifies the information that drives markets so you can forecast potential price movement and seize forex trading opportunities.
Top stories
After big policy decisions last month, january's meeting is expected.
A weaker price on a in crude oil on the.
Joe biden's economic, geopolitical and social policies will be dramatically.
Ready to learn about forex?
New trader?
Welcome, we’ll show you how forex works and why you should trade it.
Have some experience?
Let’s create a trading plan that will help you stay on track and meet your goals.
Want to go deep on strategy?
Great, we have guides on specific strategies and how to use them.
Open an account in as little as 5 minutes
Tell us about yourself
Fund your account
Start trading
*based on active metatrader servers per broker, apr 2019. **based on CFD spreads and financing competitor comparison on 28/08/19.
Try a demo account
Your form is being processed.
By opening this demo account you confirm your acceptance of our demo account terms and conditions, privacy policy and disclosures.
It's your world. Trade it.
I would like to learn about
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.
FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.
FOREX.Com is a trademark of GAIN capital UK ltd.
This website uses cookies to provide you with the very best experience and to know you better. By visiting our website with your browser set to allow cookies, you consent to our use of cookies as described in our privacy policy.
FOREX.Com products and services are not intended for belgium residents.
We use cookies, and by continuing to use this site or clicking "agree" you agree to their use. Full details are in our cookie policy.
Forex trading: A beginner's guide
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the bank for international settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.
Key takeaways
- The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.
- Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.
- Currencies trade against each other as exchange rate pairs. For example, EUR/USD.
- Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.
- Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.
What is the forex market?
The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. And want to buy cheese from france, either you or the company that you buy the cheese from has to pay the french for the cheese in euros (EUR). This means that the U.S. Importer would have to exchange the equivalent value of U.S. Dollars (USD) into euros. The same goes for traveling. A french tourist in egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the egyptian pound, at the current exchange rate.
One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of london, new york, tokyo, zurich, frankfurt, hong kong, singapore, paris and sydney—across almost every time zone. This means that when the trading day in the U.S. Ends, the forex market begins anew in tokyo and hong kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.
A brief history of forex
Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at bretton woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.
Commercial and investment banks conduct most of the trading in the forex markets on behalf of their clients, but there are also speculative opportunities for trading one currency against another for professional and individual investors.
Spot market and the forwards & futures markets
There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.
More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal." it is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement.
Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement.
In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.
In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the chicago mercantile exchange. In the U.S., the national futures association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement.
Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.
Note that you'll often see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous and all refer to the forex market.
Forex for hedging
Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.
To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U.S.-made blenders in europe when the exchange rate between the euro and the dollar (EUR/USD) is €1 to $1 at parity.
The blender costs $100 to manufacture, and the U.S. Firm plans to sell it for €150—which is competitive with other blenders that were made in europe. If this plan is successful, the company will make $50 in profit because the EUR/USD exchange rate is even. Unfortunately, the USD begins to rise in value versus the euro until the EUR/USD exchange rate is 0.80, which means it now costs $0.80 to buy €1.00.
The problem the company faces is that while it still costs $100 to make the blender, the company can only sell the product at the competitive price of €150, which when translated back into dollars is only $120 (€150 X 0.80 = $120). A stronger dollar resulted in a much smaller profit than expected.
The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.
Hedging of this kind can be done in the currency futures market. The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.
Forex for speculation
Factors like interest rates, trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, which creates daily volatility in the forex markets. An opportunity exists to profit from changes that may increase or reduce one currency's value compared to another. A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs.
Imagine a trader who expects interest rates to rise in the U.S. Compared to australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. Will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.
Assume that the trader is correct and interest rates rise, which decreases the AUD/USD exchange rate to 0.50. This means that it requires $0.50 USD to buy $1.00 AUD. If the investor had shorted the AUD and went long the USD, he or she would have profited from the change in value.
Currency as an asset class
There are two distinct features to currencies as an asset class:
- You can earn the interest rate differential between two currencies.
- You can profit from changes in the exchange rate.
An investor can profit from the difference between two interest rates in two different economies by buying the currency with the higher interest rate and shorting the currency with the lower interest rate. Prior to the 2008 financial crisis, it was very common to short the japanese yen (JPY) and buy british pounds (GBP) because the interest rate differential was very large. This strategy is sometimes referred to as a "carry trade."
Why we can trade currencies
Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.
Forex trading: A beginner’s guide
Forex trading risks
Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated.
The interbank market is made up of banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.
Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.
Most small retail traders trade with relatively small and semi-unregulated forex brokers/dealers, which can (and sometimes do) re-quote prices and even trade against their own customers. Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe.
Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. Or the U.K. (dealers in the U.S. And U.K. Have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.
Pros and challenges of trading forex
Pro: the forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity. this makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.
Challenge: banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio but not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Extreme amounts of leverage have led to many dealers becoming insolvent unexpectedly.
Pro: the forex market is traded 24 hours a day, five days a week—starting each day in australia and ending in new york. The major centers are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york.
Challenge: trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness to grasp the fundamentals that drive currency values.
The bottom line
For traders—especially those with limited funds—day trading or swing trading in small amounts is easier in the forex market than other markets. For those with longer-term horizons and larger funds, long-term fundamentals-based trading or a carry trade can be profitable. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis may help new forex traders to become more profitable.
FOREX4U
Your complete guide to profitable forex trading
Get all the tools you need to start succeeding in the forex markets today
Are you tired of out-of-date trading advice and forex strategies that just don’t work?
Do you need a safe place to ask questions and get feedback on your trading?
The forex4u website is a free resource packed to the rafters with invaluable information to help you become a better forex trader. And it’s run by a community of experienced, professional traders who know exactly what’s required to help you succeed.
If you have questions, we’re here to help. Plus, by signing up to our monthly newsletter on the right, you’ll also have the opportunity to learn from the world-class currency traders and fund managers we interview.
Boost your profitability, right now. Discover how you can increase your skill set and take your performance to the next level . . . And beyond!
Jump start your trading performance with the forex4u strategy guide
Do you ever wonder how professional money managers are able to produce the stellar returns that you read about? Exactly what strategies top hedge funds use to consistently beat the market? The forex4u strategy guide has the answers, with complete details of quantitative systems that will help you to hit home runs time and again.
Quit settling for average profits. The forex4u strategy guide has made our readers a lot of money – and it can do the same for you. It’s not free. But if you value performance and want to trade with a high probability strategy that actually works, then this is the blueprint for success that will separate you from the herd.
View historical trading performance, or find out more about what’s included. The longer you wait, the more money you’re leaving on the table.
Find an exceptional forex broker who can help you achieve your trading goals
Forex brokers aren’t made equal. There are a lot of disreputable and unregulated firms out there, and it can be hard to know who to trust. Just to make things worse, brokerages operate under a variety of models to execute your trades, and some never even submit your orders to the real market.
The good news is, as complicated as it might appear, we’ve done all the legwork to put together a shortlist of great firms.
Read broker reviews, compare account features, and get access to some of the best promotions and bonus offers. What are you waiting for?
Do you want to learn about a highly profitable forex strategy used by successful hedge fund traders?
* we’ll only email you once – to provide your free report.
Main menu
FREE STRATEGY REPORT
Do you want to learn about a highly profitable forex strategy used by successful hedge fund traders?
THE FOREX4U STRATEGY GUIDE
Learn how to combine winning strategies from professional hedge fund traders to make a living from the foreign exchange markets
FOREX4U
Your complete guide to profitable forex trading
Forex4u broker review
Finding a good forex broker isn’t easy . . .
There are literally hundreds of firms out there to choose from, and it can be hard to sort the wheat from the chaff. On the surface, a lot of brokers can look very similar, but dig a little deeper and you’ll find that some aren’t fully regulated, use dealing desk execution to manipulate your orders, or operate a market maker model that creates huge conflicts of interest.
So how can you avoid risky and unprofessional firms, and find a broker that you know you can trust and rely on?
Good news – we’ve done the hard work for you, reviewing pretty much every major product and service on the market to find a handful of firms that won’t let you down! And to make things even easier still, we’ve picked out an outstanding forex broker in each category we examined – that’s a shortlist of five great firms to choose from.
Once you’ve found the broker that looks a best match for your needs, click on the links below to read a full length review on our sister site, or get started opening your account and access some of the great bonus offers and promotions.
Find A forex broker
FREE STRATEGY REPORT
Do you want to learn about a highly profitable forex strategy used by successful hedge fund traders?
THE FOREX4U STRATEGY GUIDE
Learn how to combine winning strategies from professional hedge fund traders to make a living from the foreign exchange markets
Дђгўy lг thгґng tin chгnh thб»©c
chгєng tгґi lг nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ.
Дђгўy lг thгґng tin chгnh thб»©c
chгєng tгґi lг nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ.
Forex4you Д‘Ж°б»јc global banking & finance review vinh danh lг nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ 2020.
Sao phбєјi chб»ќn ai khгўc mг khгґng chб»ќn giao dб»‹ch cг№ng nhб»їng Д‘iб»ѓu kiện tuyệt vб»ќi?
Forex4you Д‘Ж°б»јc global banking & finance review vinh danh lг nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ 2020.
Sao phбєјi chб»ќn ai khгўc mг khгґng chб»ќn giao dб»‹ch cг№ng nhб»їng Д‘iб»ѓu kiện tuyệt vб»ќi?
Forex4you Д‘Ж°б»јc global banking & finance review vinh danh lг nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ 2020.
Sao phбєјi chб»ќn ai khгўc mг khгґng chб»ќn giao dб»‹ch cг№ng nhб»їng Д‘iб»ѓu kiện tuyệt vб»ќi?
Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm
Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm
Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm
Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ Д‘гўy tбєґt cбєј nhг giao dб»‹ch б»џ thгўi lan, việt nam vг бє¤n дђб»™ cе©ng Д‘б»ѓu cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm vб»›i chгєng tгґi
Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ Д‘гўy tбєґt cбєј nhг giao dб»‹ch б»џ thгўi lan, việt nam vг бє¤n дђб»™ cе©ng Д‘б»ѓu cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm vб»›i chгєng tгґi
Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ Д‘гўy tбєґt cбєј nhг giao dб»‹ch б»џ thгўi lan, việt nam vг бє¤n дђб»™ cе©ng Д‘б»ѓu cгі thб»ѓ Д‘дѓng kгѕ tг i khoбєјn miб»…n phг qua Д‘гєm vб»›i chгєng tгґi
Cuб»™c thi anh hг№ng giao dб»‹ch
Cuб»™c thi anh hг№ng giao dб»‹ch
Cuб»™c thi anh hг№ng giao dб»‹ch
HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi thж°б»џng bбє±ng tiб»ѓn mбє·t trб»‹ giгў lгєn tб»›i 400 USD trong mб»—i vгіng thi.
HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi thж°б»џng bбє±ng tiб»ѓn mбє·t trб»‹ giгў lгєn tб»›i 400 USD trong mб»—i vгіng thi.
HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi thж°б»џng bбє±ng tiб»ѓn mбє·t trб»‹ giгў lгєn tб»›i 400 USD trong mб»—i vгіng thi.
- Phгўмђn thж°ЖЎМ‰ng trao tay
- Thбєїng giбєјi thж°б»џng
- TГ i khoбєјn miб»…n phг swap
- Cuб»™c thi anh hг№ng giao dб»‹ch
Hгјy Д‘б»ѓ nhб»їng con sб»‘ lгєn tiбєїng!
Tб»•ng tг i khoбєјn Д‘ГЈ mб»џ
Tổng lệnh giao dịch đưỼc thực hiện
Mб»џ lệnh trong thб»‹ trж°б»ќng
Дђгіn bбє©y lгєn Д‘бєїn 1:2000
Giгјn cгўch nhб»Џ
Dб»‹ch vụ sao chг©p giao dб»‹ch
Lệnh thб»±c thi tб»« 0.1 giгўy
Б»ёng dỴng phгўn tгch miб»…n phг
150+ cгґng cụ giao dб»‹ch
Hб»— trб»Ј 24/5
Thж°б»џng thгєm Д‘бєїn 100% khi nбєўp tiб»ѓn
Lб»›p hб»ќc trб»±c tuyбєїn vг hб»™i thбєјo
Chб»ќn tб»« 5 loбєўi tг i khoбєјn
Giao dб»‹ch online vб»›i forex4you
Bбєўn cгі quyб»ѓn giao dб»‹ch vб»›i hжўn 150 cгґng cụ trong: ngoбєўi hб»‘i, HГ ng hoгў, chỉ sб»‘ vг cб»• phiбєїu.
Giao dб»‹ch ngoбєўi hб»‘i
Giao dб»‹ch cгўc loбєўi hг ng hoгў
VГ ng, dбє§u BRENT, WTI vг hжўn thбєї nб»їa
Giao dб»‹ch cгўc chỉ sб»‘
Giao dб»‹ch cб»• phiбєїu
Hжўn 50 cб»• phбє§n cгґng ty
Mб»™t tг i khoбєјn giao dб»‹ch trгєn Д‘a nб»ѓn tбєјng
Bбєўn cгі thб»ѓ giao dб»‹ch bбєґt cб»© б»џ Д‘гўu, bбєґt cб»© khi nг o bбєўn muб»‘n! Bбєўn sбєѕ cгі quyб»ѓn truy cбєp vг o cгўc nб»ѓn tбєјng giao dб»‹ch khгўc nhau trгєn cг№ng mб»™t tг i khoбєјn
Nhгўn thu nhбєp của bбєўn bбє±ng cгўch chia sбє» giao dб»‹ch
Kiбєїm Д‘Ж°б»јc nhiб»ѓu hжўn thay vг¬ chỉ cгі lб»јi nhuбєn!
Forex4you cho bбєўn cжў hб»™i Д‘б»ѓ nhгўn thu nhбєp bбє±ng cгўch trб»џ thг nh mб»™t leader trгєn mбєўng xгј hб»™i giao dб»‹ch share4you. Nhбєn thu nhбєp thб»© hai hoбє·c mб»™t cгўch gб»ќi khгўc lг hoa hб»“ng cho mб»—i lot Д‘Ж°б»јc sao chг©p tб»« bбєўn. Дђбє·t sб»‘ tiб»ѓn hoa hб»“ng cho mб»—i lot Д‘Ж°б»јc ai Д‘гі sao chг©p. Hoa hб»“ng cгі thб»ѓ: $2, $4, $6 vг $8 mб»—i lot tiгєu chuбє©n. CГ ng nhiб»ѓu follower sao chг©p bбєўn, thu nhбєp cг ng tдѓng. Khгґng giб»›i khoбєјn hoa hб»“ng Д‘Ж°б»јc nhбєn.
Share4you leaders
Giao dб»‹ch vб»›i nhг mгґi giб»›i toг n cбє§u uy tгn nhбєґt
Nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu ГЃ 2020
Ngгўn hг ng toг n cбє§u vг дђгўnh giгў tг i chгnh
Chж°жўng trг¬nh liгєn kбєїt Д‘б»‘i tгўc tб»‘t nhбєґt
Tбєўp chг kinh doanh toг n cбє§u 2020
Chж°жўng trг¬nh liгєn kбєїt forex tб»‘t nhбєґt
Rгєt tiб»ѓn của bбєўn 24/7
Bбєўn cгі thб»ѓ chбєїc chбєїn, chгєng tгґi cung quy trг¬nh chuyб»ѓn khoбєјn nhanh, cгі thб»ѓ theo dгµi vг chгєng tгґi lг m việc vб»›i tбєґt cбєј cгўc loбєўi chuyб»ѓn khoбєјn trб»±c tuyбєїn phб»• biбєїn nhбєґt. Hệ thб»‘ng rгєt tiб»ѓn hoбєўt Д‘б»™ng 24/7.
Giao dб»‹ch vб»›i nhг mгґi giб»›i toг n cбє§u uy tгn nhбєґt
Giao dб»‹ch cfds lг m tдѓng khбєј nдѓng rủi ro vг thбєґt thoгўt
TГ¬m chгєng tгґi trгєn mбєўng XГЈ hб»™i
Forex4you В© copyright 2007-2020 E-global trade & finance group, inc, BVI.
First floor, mandar house, johnson's ghut, P.O. Box 3257, road town, tortola, british virgin islands
дђiện thoбєўi: +1-284-494-1576
fax: +1-284-495-4753
E-global trade & finance group, inc. Д‘Ж°б»јc ủy quyб»ѓn vг quy Д‘б»‹nh bб»џi BVI FSC theo дђбєўo luбєt giao dб»‹ch chб»©ng khoгўn vг дђбє§u TЖ°, 2010 giбєґy phг©p sб»‘: SIBA/L/12/1027.
Cбєјnh bгўo rủi ro: giao dб»‹ch trгєn thб»‹ trж°б»ќng ngoбєўi hб»‘i tб»“n tбєўi rủi ro Д‘гўng kб»ѓ, bao gб»“m cбєј việc cгі thб»ѓ mбєґt vб»‘n hoг n toг n. Giao dб»‹ch cгі thб»ѓ khгґng phг№ hб»јp vб»›i tбєґt cбєј cгўc nhг Д‘бє§u tж°. Mб»©c Д‘б»™ cao của Д‘гіn bбє©y cгі khбєј nдѓng lг m tдѓng rủi ro. Vui lгіng Д‘б»ќc vг Д‘бєјm bбєјo bбєўn hiб»ѓu Д‘бє§y đủ tuyгєn bб»‘ rủi ro của chгєng tгґi.
TFG global limited (61 agiou pavlou street, 1st floor, office 6, 1107 nicosia, cyprus) Д‘ГЈ thiбєїt lбєp thб»џa thuбєn hб»јp tгўc vб»›i E-global trade & finance group, inc.
Dб»‹ch vụ nг y khгґng dг nh cho cж° dгўn hoa kб»і, nhбєt bбєјn, canada, гљc vг chгўu Г‚u. Share4you & forex4you lг thж°жўng hiệu của E-global trade & finance group, inc.
The service is not provided in your country of residence.
Trade with the global forex trading specialist
Why FOREX.Com?
Metatrader
Trade over 500 markets including equities, indices, FX and commodities on the new and improved MT5
Competitive pricing
Maximize your potential with straightforward pricing choices to suit your trading style
Active trader
Earn rebates and one-on-one professional support when you qualify for our active trader program
Financial strength you can depend on
Your FOREX.Com account gives you access to our full suite of downloadable, web, and mobile apps.
Trade on one of the world's most popular trading platforms with access to dedicated support and integrated trading tools exclusive to FOREX.Com.
Leverage our experts
Our global research team identifies the information that drives markets so you can forecast potential price movement and seize forex trading opportunities.
Ready to learn about forex?
New trader?
Welcome, we’ll show you how forex works and why you should trade it.
Have some experience?
Let’s create a trading plan that will help you stay on track and meet your goals.
Want to go deep on strategy?
Great, we have guides on specific strategies and how to use them.
Not sure where to start?
Take our short quiz and get matched resources that fit your trading style.
Open an account in as little as 5 minutes
Tell us about yourself
Fund your account
Start trading
Go to content for my region
Try a demo account
Your form is being processed.
It's your world. Trade it.
I would like to learn about
Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Contracts for difference (cfds) are not available to US residents.
FOREX.Com is a trading name of GAIN global markets inc. Which is authorized and regulated by the cayman islands monetary authority under the securities investment business law of the cayman islands (as revised) with license number 25033.
FOREX.Com may, from time to time, offer payment processing services with respect to card deposits through its affiliate, GAIN capital UK ltd, devon house, 58 st katharine’s way, london, E1W 1JP, united kingdom.
GAIN global markets inc. Is part of the GAIN capital holdings, inc. Group of companies, which has its principal place of business at 135 US hwy 202/206, bedminster, NJ 07921, USA. All are separate but affiliated subsidiaries of stonex group inc.
Forex trading: A beginner's guide
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the bank for international settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.
Key takeaways
- The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.
- Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.
- Currencies trade against each other as exchange rate pairs. For example, EUR/USD.
- Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.
- Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.
What is the forex market?
The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. And want to buy cheese from france, either you or the company that you buy the cheese from has to pay the french for the cheese in euros (EUR). This means that the U.S. Importer would have to exchange the equivalent value of U.S. Dollars (USD) into euros. The same goes for traveling. A french tourist in egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the egyptian pound, at the current exchange rate.
One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of london, new york, tokyo, zurich, frankfurt, hong kong, singapore, paris and sydney—across almost every time zone. This means that when the trading day in the U.S. Ends, the forex market begins anew in tokyo and hong kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.
A brief history of forex
Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at bretton woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.
Commercial and investment banks conduct most of the trading in the forex markets on behalf of their clients, but there are also speculative opportunities for trading one currency against another for professional and individual investors.
Spot market and the forwards & futures markets
There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.
More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal." it is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement.
Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement.
In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.
In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the chicago mercantile exchange. In the U.S., the national futures association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement.
Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.
Note that you'll often see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous and all refer to the forex market.
Forex for hedging
Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.
To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U.S.-made blenders in europe when the exchange rate between the euro and the dollar (EUR/USD) is €1 to $1 at parity.
The blender costs $100 to manufacture, and the U.S. Firm plans to sell it for €150—which is competitive with other blenders that were made in europe. If this plan is successful, the company will make $50 in profit because the EUR/USD exchange rate is even. Unfortunately, the USD begins to rise in value versus the euro until the EUR/USD exchange rate is 0.80, which means it now costs $0.80 to buy €1.00.
The problem the company faces is that while it still costs $100 to make the blender, the company can only sell the product at the competitive price of €150, which when translated back into dollars is only $120 (€150 X 0.80 = $120). A stronger dollar resulted in a much smaller profit than expected.
The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.
Hedging of this kind can be done in the currency futures market. The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.
Forex for speculation
Factors like interest rates, trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, which creates daily volatility in the forex markets. An opportunity exists to profit from changes that may increase or reduce one currency's value compared to another. A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs.
Imagine a trader who expects interest rates to rise in the U.S. Compared to australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. Will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.
Assume that the trader is correct and interest rates rise, which decreases the AUD/USD exchange rate to 0.50. This means that it requires $0.50 USD to buy $1.00 AUD. If the investor had shorted the AUD and went long the USD, he or she would have profited from the change in value.
Currency as an asset class
There are two distinct features to currencies as an asset class:
- You can earn the interest rate differential between two currencies.
- You can profit from changes in the exchange rate.
An investor can profit from the difference between two interest rates in two different economies by buying the currency with the higher interest rate and shorting the currency with the lower interest rate. Prior to the 2008 financial crisis, it was very common to short the japanese yen (JPY) and buy british pounds (GBP) because the interest rate differential was very large. This strategy is sometimes referred to as a "carry trade."
Why we can trade currencies
Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.
Forex trading: A beginner’s guide
Forex trading risks
Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated.
The interbank market is made up of banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.
Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.
Most small retail traders trade with relatively small and semi-unregulated forex brokers/dealers, which can (and sometimes do) re-quote prices and even trade against their own customers. Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe.
Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. Or the U.K. (dealers in the U.S. And U.K. Have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.
Pros and challenges of trading forex
Pro: the forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity. this makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.
Challenge: banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio but not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Extreme amounts of leverage have led to many dealers becoming insolvent unexpectedly.
Pro: the forex market is traded 24 hours a day, five days a week—starting each day in australia and ending in new york. The major centers are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york.
Challenge: trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness to grasp the fundamentals that drive currency values.
The bottom line
For traders—especially those with limited funds—day trading or swing trading in small amounts is easier in the forex market than other markets. For those with longer-term horizons and larger funds, long-term fundamentals-based trading or a carry trade can be profitable. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis may help new forex traders to become more profitable.
Get up to €246 more when you transfer with OFX
We offer bank-beating rates, so you can keep more of your money.
Why not try us for your next transfer?
What our customers say
We don't work 9 - 5 either. Business moves fast. So do we. Get ofxpert help 24/7.
Register in less than 5 minutes
Why choose OFX?
Money transferred to date
OFX customers around the world
Experience making global money transfers
Fast transfers
Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours
Track your money
Monitor your transfer with the OFX app, website, SMS or email notifications
Zero transfer fees*
When you make a transfer with us
Send money to:
- United states
- Australia
- United kingdom
- Canada
- Europe
- India
- China
- New zealand
- Hong kong
- Singapore
- Japan
- Germany
- France
- Taiwan
- Denmark
- Saudi arabia
Check how your currency is trending
There was a problem loading the data, please try again.
There are no results to display.
Register in less than 5 minutes
Popular currencies:
Global offices
4th floor
the white chapel building
10 whitechapel high st, london
E1 8QS
united kingdom
77 sir john rogerson's quay, block C,
grand canal docklands,
dublin, D02 VK60,
ireland
49 stevenson st
13th floor
san francisco
CA, 94105
USA
Level 19
60 margaret st
sydney
NSW 2000
australia
Suite 1002
145 king st west
toronto, ON
M5H 1J8
canada
29F, bonham circus
40-44 bonham strand,
sheung wan,
hong kong
Get live exchange rates, transfer money and track your transfers on the go with our mobile app.
© 2020. Ukforex ltd. All rights reserved. *third party fees may apply.
©ukforex limited (trading as “OFX”) is: registered in england and wales (company no. 04631395). Our registered office is at 4th floor, the white chapel building, 10 whitechapel high st, london E1 8QS. We are authorised by the financial conduct authority as an electronic money institution (firm ref. No. 902028).
Expanding the possibilities,
achieving the impossible
The impossible
and unthinkable.
Endless
opportunities
A brand new
horizon
Expanding the possibilities,
achieving the impossible
The impossible
and unthinkable.
Endless
opportunities
A brand new
horizon
The right
timing
Our doors are open to create a new beginning. We aligned possibilities using advanced algorithms in the financial market because, in the forex market, time is money.
The right
team
The CFX visionary team is committed to delivering exceptional results, focused being one step ahead. We are building an FX trading platform for the long-term, setting up the standard to change the fortune of future generations to come!
The right
technology
A completely unique approach to EA (forex software) and AI development. Outstanding results, closely monitored and measured by the CFX trading team of dedicated professionals. No whitelabel or 3rd party technology employed.
PART OF SOMETHING BIGGER
The complex world of forex just got a lot easier with cash forex group
The 5 trillion dollar a day forex attracts millions of people with a shared dream of financial freedom. Cash forex group is artfully combining the technical expertise required for forex success, with a dedicated corporate team, state-of-the-art headquarters and a passion for helping those with a strong desire to improve their lives.
WELCOME TO THE TRADING
academy
We have developed much more than an online forex learning center. CFX has combined academy learning with real forex success with our trade contracts. CFX members may choose to participate in the CFX automated trading platform and benefit from all CFX trade technology while they progress through their trade academy packs curriculum. Learning at your own pace has never been so rewarding. You can earn while you learn.
Knowledge
Knowledge is the foundation of your future success. The CFX academy will be your partner in maintaining your foundation for a lifetime of financial success.
Execution
With your foundation in place, develop the skills of a profitable trader so you are taking the proper actions when the time is right.
Achievement
Imagine having the skills required to understand and profit in the largest financial market in the world. Graduating through the CFX academy will be one of your most valued lifetime achievements.
SOMETHING DIFFERENT, something new.
Key platform features that set us apart
in the forex marketplace
Fast payments
Experiencing trading success from the CFX platform is critically important to all our members, equally important is being able to access trading gains. CFX makes using forex gains easy for all, regardless of your technical abilities!
Layered security
Our passion is to assist you in your success; however, our technicians also make sure all platforms are protected with state-of-the-art security ensuring long-term results for our global membership.
Proprietary technology
EA’s and other trading technology is designed exclusively at CFX by our own team of experts. All systems are developed and refined exclusively for CFX member use.
Transparent reporting
Access trade results easily and check CFX historical trade results. Webtv with up to date trade ticker in member back-office! And copy trade connect you directly to our results.
Become an acetrader in 4 steps
Register
Login
Learn
Testimonials
This has been the most transparent and professional project we have ever been a part of. From the transparency of the owners, the trading operation, the brokers and other partners, has been nothing but 100% across the board. We really are building a legacy company!.
Luigi bruni and justin halladay
I have been involved in 5 different opportunities in the last 20 years, and all 5 have not finished their road map, CASHFX is so different in many ways, the directors are transparent about all aspects of the business, and we get paid exactly when they say we get paid, I LOVE this company and I look forward to a bright future for my team in my country.
GAVIN NESBITT
Hi…my name is lee O'shea. Prior to starting this project I was extremely lethargic and having a difficult time to find myself financially. I literally had NO energy desire or passion to work online. Since starting with cashforex 7 months ago, I've got more money, more time than I know what to do with, I NEVER find a day, where i find myself not learning and earning and growing. The best part is…I now have found huge success financially and I get to enjoy learning how to trade and to be apart of fully automated trading with CFX!! I now am so blessed to spend so much more time to play with my young kids, which is something I wasn't doing at all until joining cashforex
Lee O'shea
I saw a friend positing photos on a social media with a porsche. I love cars so I was intrigued. I texted him to know what it was about. He showed me cash FX. I started my business in cash FX as a 500$ pack acetrader. I just closed my 3rd week with 1,200$ of commissions and a 2,000$ pack. There's nothing like this in this sector. Weekly withdrawals, no monthly fees, online meetings with the traders, owners, top earners. The transparency is unequalled. Nothing comes close. What are you waiting for?
Normand beaudry
My name is arno duijvesteijn and I joined cashfx from august 1th. I'm making this journey with my daughter bianca. We started both with a $300 package. I've now a 5K package and bianca is having a 10K. Hopefully I will reach the rank executive soon and bianca will follow direct behind me. We have developed a strategy with several people in panama to have the best benefits of cashfx and that is working very well for me.
Arno duijvesteijn
My name is MALACHY OZOEMENA ONAH, ( A.K.A don malachi) I joined CASHFX this january 2020 and the experience with the company has been awesome, one of the things that entice me most in this company is their TRANSPARENCY, this is one of the best online company i have ever joined with good management team, wonderful and powerful leaders, good back office, powerful and sustainable marketing plan, prompt payment with easy withdrawals. Am looking forward to doing great business with cashfx now and many years to come. Am really proud to be a member of CASHFX and will make sure that everyone I know in my country joins this company.
MALACHY ONAH
Morning, everyone. I started last friday. I received a fast start bonus of $150, uni-level bonus of $15 plus $20 on my trading pool, $185 in my first week. It works and I’m brand new.
I started on the 1st of january and as of today I have $208. Fast start $120, uni-level $27 and trading $61. I only bought a $300 package and I’m already getting ready to upgrade to a $500 package. It works. Couldn't be happier. Yes, will do. Very very happy with everything I’m seeing with cashfx. This will be the very first genuine, long term legacy business in the financial market which puts us in an incredible position to capitalise on the huge explosion that’s about to happen in the coming months. Happy days!
Kerry strachan
I joined cashfx on the 08/08/2019 and started with $500. My account is now at $18,629. I also achieved a leadership rank of executive and was paid $675 in bitcoin. I am soon to achieve manager and may either opt for the rolex watch or the cash prize of $7,500. Cashfx has seriously blown me away and it continues to get better.
Shaun grundlingh
I want to share my testimonials also. I started with $300 pack and when I saw how this amazing company worked, I bought the 5k package and in the end of 2019 I have upgraded to at least 20k.
I joined cashfx on the 26/07/2019 and started with $500 I am currently on the $10k package and my account is now at $21,830. I have achieved a leadership rank of executive. I am soon to achieve manager. Cashfx has seriously blown me away!
Luchia van den berg
My journey with cashfx started when my upline cindy told me about it. I started with a $300 package and I’m already on a $1000 package all profits from cashfx. Been paid every saturday without delay
Willem deale
Have the cashfx group’s
ultimate experience
so, let's see, what we have: forex, CFD trading หุ้น, аё”аё±аёљаё™аёµаё•аёґаёіаё”, น้ำยัน, аё—аёаё‡ а№ѓаёґаё° ๐฼ิ่ยต้นฃำ฼๐ท฼ด forex аёаёаё™а№„аёґаё™а№њаёѓаё±аёљ forex4you, forex broker ที่ได้฼ับใบаёаё™аёёаёќаёіаё•. At forex4u
Contents of the article
- New forex bonuses
- ...
- Leverage аёўаёіаёѓаё–аё¶аё‡ 1:2000
- Spread а№ѓаё„аёљ
- Аёўаёµаёљаёјаёґаёѓаёіаёј copy trade
- ...
- Аёџаёјаёµ!...
- ...
- Аёљаёјаёґаёѓаёіаёјаё•аёґаёаё” 24/5
- А№‚аёљаё™аё±аёєа№ђаё‡аёґаё™аёќаёіаёѓаё–аё¶аё‡ 100%
- Аёўаёµ webinar а№ѓаёґаё° seminar...
- ...
- Аё«аёўаё§аё” forex
- Аё«аёўаё§аё” commodity
- Аё«аёўаё§аё” indices
- Аё«аёўаё§аё” stock
- ...
- ...
- ...
- Share4you leaders
- ...
- ...
- Trade major US tech stocks this earnings season
- Why are traders choosing FOREX.Com?
- Financial strength you can depend on
- Leverage our experts
- Ready to learn about forex?
- New trader?
- Have some experience?
- Want to go deep on strategy?
- Open an account in as little as 5 minutes
- Try a demo account
- Forex trading: A beginner's guide
- What is the forex market?
- A brief history of forex
- Spot market and the forwards & futures markets
- Forex for hedging
- Forex for speculation
- Currency as an asset class
- Why we can trade currencies
- Forex trading risks
- Pros and challenges of trading forex
- The bottom line
- FOREX4U
- Your complete guide to profitable forex trading
- Get all the tools you need to start succeeding in...
- Jump start your trading performance with the...
- Find an exceptional forex broker who can help you...
- Main menu
- FOREX4U
- Your complete guide to profitable forex trading
- Forex4u broker review
- Find A forex broker
- Дђгўy lг thгґng tin chгnh thб»©c chгєng...
- Дђгўy lг thгґng tin chгnh thб»©c chгєng...
- Forex4you Д‘Ж°б»јc global banking & finance...
- Forex4you Д‘Ж°б»јc global banking & finance...
- Forex4you Д‘Ж°б»јc global banking & finance...
- Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ...
- Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ...
- Giб»ќ Д‘гўy mб»ќi ngж°б»ќi cгі thб»ѓ Д‘дѓng kгѕ...
- Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ...
- Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ...
- Bбєўn yгєu cбє§u, chгєng tгґi nghe bбєўn! Giб»ќ...
- Cuб»™c thi anh hг№ng giao dб»‹ch
- Cuб»™c thi anh hг№ng giao dб»‹ch
- Cuб»™c thi anh hг№ng giao dб»‹ch
- HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi...
- HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi...
- HГ nh Д‘б»™ng ngay vг giг nh cгўc giбєјi...
- Hгјy Д‘б»ѓ nhб»їng con sб»‘ lгєn tiбєїng!
- Дђгіn bбє©y lгєn Д‘бєїn 1:2000
- Giгјn cгўch nhб»Џ
- Dб»‹ch vụ sao chг©p giao dб»‹ch
- Lệnh thб»±c thi tб»« 0.1 giгўy
- Б»ёng dỴng phгўn tгch miб»…n phг
- 150+ cгґng cụ giao dб»‹ch
- Hб»— trб»Ј 24/5
- Thж°б»џng thгєm Д‘бєїn 100% khi nбєўp tiб»ѓn
- Lб»›p hб»ќc trб»±c tuyбєїn vг hб»™i thбєјo
- Giao dб»‹ch online vб»›i forex4you
- Giao dб»‹ch ngoбєўi hб»‘i
- Giao dб»‹ch cгўc loбєўi hг ng hoгў
- Giao dб»‹ch cгўc chỉ sб»‘
- Giao dб»‹ch cб»• phiбєїu
- Mб»™t tг i khoбєјn giao dб»‹ch trгєn Д‘a nб»ѓn...
- Nhгўn thu nhбєp của bбєўn bбє±ng cгўch chia...
- Kiбєїm Д‘Ж°б»јc nhiб»ѓu hжўn thay vг¬ chỉ cгі...
- Share4you leaders
- Giao dб»‹ch vб»›i nhг mгґi giб»›i toг n cбє§u uy...
- Nhг mгґi giб»›i ngoбєўi hб»‘i tб»‘t nhбєґt chгўu...
- Chж°жўng trг¬nh liгєn kбєїt Д‘б»‘i tгўc tб»‘t...
- Chж°жўng trг¬nh liгєn kбєїt forex tб»‘t nhбєґt
- Rгєt tiб»ѓn của bбєўn 24/7
- Trade with the global forex trading specialist
- Why FOREX.Com?
- Financial strength you can depend on
- Leverage our experts
- Ready to learn about forex?
- New trader?
- Have some experience?
- Want to go deep on strategy?
- Not sure where to start?
- Open an account in as little as 5 minutes
- Try a demo account
- Forex trading: A beginner's guide
- What is the forex market?
- A brief history of forex
- Spot market and the forwards & futures markets
- Forex for hedging
- Forex for speculation
- Currency as an asset class
- Why we can trade currencies
- Forex trading risks
- Pros and challenges of trading forex
- The bottom line
- Get up to €246 more when you transfer with OFX
- What our customers say
- Why choose OFX?
- Money transferred to date
- OFX customers around the world
- Experience making global money transfers
- Fast transfers
- Track your money
- Zero transfer fees*
- Send money to:
- Check how your currency is trending
- Popular currencies:
- Expanding the possibilities,
- The impossible and...
- Endless opportunities
- A brand newhorizon
- Expanding the possibilities,
- The impossible and...
- Endless opportunities
- A brand newhorizon
- The righttiming
- The right team
- The right technology
- The complex world of forex just got a lot easier...
- WELCOME TO THE TRADINGacademy
- SOMETHING DIFFERENT, something new.
- Become an acetrader in 4 steps
- Testimonials
- Have the cashfx group’s
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.