TRADE ON THE LARGEST FINANCIAL MARKET IN THE WORLD, WITH OPPORTUNITIES ACROSS MULTIPLE TIME ZONES.
Forex, or foreign exchange, is a marketplace for trading currencies. It is also the largest financial market in the world, where trillions of dollars are traded every day. Forex markets do not rely on one central institution. Instead, forex is traded by a network of banks across four major forex trading centers in different time zones – New York, Sydney, Tokyo and London. This means you can trade forex all hours of a day.
Because We Give You An Extensive Collection Of Currency Pairs – As Many As 50. We Also Give You Very Tight Spreads – Of 0.6 Pips. Basically, This Means You Can Take Advantage Of The Smallest Movements In Currency, And Not Just The Big Dips And Rises. :
Simple. Forex is easy, accessible, and fast. It’s a great way to make calls on how a currency will behave based on economic news. The market is also very active, which means you’ll never run out of liquidity, and you’ll always have a counter party for your trade. Also, because global forex markets are in different time zones, you can trade 24/7; at any point in time, there is a major market open.
That’s not all. If you’re just starting out your trading journey, or are a casual trader, we give you all the support you need through a well-stocked education section. You can also open a demo account to practice trades before investing real money. For advanced traders, we offer all the advanced functionality of MetaTrader 4 – the world’s leading forex trading platform – with excellent leverage and low spreads. MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online, retail foreign exchange, speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients.
We Can Loosely Analyze A Stock In This Ways :
|Name||Ticker||Price||24H Volume||24H change||Graph 24H|
With SatoshiFX, we give you up to 1:1000 leverage on selected products. This means that for every dollar you put in, we multiply that by a thousand to make your trade more powerful. Another way of stating the same thing is to say that your margin requirement for this trade is 0.1% i.e. 0.1% of the trade must be your own money. In MetaTrader 4, one lot is 100,000 units of currency. So to buy 1 lot, you’d need to invest 100 EUR/USD which we will amplify. Once you’ve bought 100,000 EUR/USD, there will be two outcomes, let’s take a look.
So let’s say that you’ve looked at market reports, or read the financial headlines, and you’ve decided that the US dollar is going to move against the Euro. In particular, you think that the US dollar will fall against the Euro, and the Euro will grow stronger. So you pick your EUR/USD pair. The first currency in the pair is your base currency, i.e. the currency you decide to buy and sell in. For example: “EUR/USD = 1.25” means that one EUR is exchanged for 1.25 USD.
Initial EUR/USD price = 1.3552
The dollar falls, which means the EUR/USD ratio changes to 1.3580 - you get more dollars to every Euro.
The difference is 1.3580 – 1.3552 = .0028(100) = 28 ticks (A tick is the smallest possible price movement in any market). In this market, a tick equivalent to 1/10,000 of a unit.
This would be your profit on the trade:
= 100,000 units x 28/10,000
= 100,000 x 0.0028
= USD 280
Initial EUR/USD price = 1.3552
The dollar rises, which means the EUR/USD ratio changes to 1.3515, i.e. you get fewer dollars to every Euro.
The difference is 1.3552 – 1.3515 = .0037(100) = 37 ticks. In this market, a tick is equivalent to 1/10,000 of a unit.
This would be your loss on the trade:
= 100,000 units x 37/10,000
= 100,000 x 0.0037
= USD 370