The word Forex (FX) consists of two parts - exchange (exchange) and (foreign) foreign currency. The main principle is that the currency price changes as traders constantly exchange currencies at a favorable rate. The market participants are many funds and organizations, and there are no rigid rules and fixed rates.

 

The trading turnover is the largest in the world (daily from 4 to 7 billion dollars). Neither the stock market nor even the market of metals (gold, silver, etc.) can compare with such volume, but at the same time, the fluctuations of currency rates are lower than on the stock market. 

 

The main pairs traded on the online platform are EUR/USD, GBP/USD, USD/JPY, USD/CHF and USD/CAD. But, it is also possible to trade cross rates where there is no US dollar.

 

For traders to catch a favorable moment, it is necessary to take into account many factors. For example: the fluctuation of the U.S. dollar rate is influenced by the economic and political situation in the U.S., and the euro is influenced by the situation in the European Union. News from these regions can affect both the increase and decrease in supply and demand. Our platform provides analytical tools, educational resources, and support services, which simplifies the decision-making process for the trader.

 

IMPORTANT!!! Leverage or a loan, which is a loan provided by a broker to an investor to conduct a transaction for an amount greater than the investor has on his account (for example 1:500 or when the broker adds 500 more dollars to your 1 dollar), is quite an effective tool, but you need to know how to use it, because the wrong strategy can lead to losses.

 

You can start trading even with a relatively small capital of $100.

 

How you can start your trading on the Forex market?

• register on the platform
• replenish your account (with fiat currencies (USA/EUR/GBP etc. or cryptocurrencies)
• start trading and make a profit (Sell - sell, Buy - buy).