Forex company what you need to know

Forex company what you need to know

Forex company,Forex trading company, Forex company,

   Top places of exchange Forex trading company

No commissions.
    Usually, the merchant is not responsible for the commission of almost all types. The brokers through which the distribution operates, usually accounting for less than 0.1 percent of the cost per transaction, in large brokers, may even be less than 0.07 percent, of course, depends on the lever , Which is discussed in more detail below
    Without intermediaries. The foreign exchange market as we call it in eFXto is the spot market, which means you trade directly with the market.

   Flexible lot The minimum contract transaction is very flexible in the currency compared to other markets. And also choose the size of your operation. This allows you to participate with accounts as small as $ 50, you can even negotiate with pennies! (Although it is not good to operate with such small beads, you will discover along the way).

    24 hours. From Sunday afternoon to Friday afternoon, it can be done at any time of the day, even in principle, there is no time to close the transaction.

    Influence. A small amount of capital can control a much larger volume of foreign exchange transactions, this is due to the high level of leverage available in this market. For example, with a leverage of 100: 1, you can perform 100 000 pieces of the operation with a deposit of only one thousand. But it is a double-edged sword, the use of high leverage can lead to big gains or big losses.
    High liquidity. With such a huge market, the liquidity it offers is so huge. This means that, under normal market conditions, buy or sell instantly.

    Mini and micro commerce. You can start Forex trading with the mini or micro that require small minimum deposit accounts, $ 500 or less. This makes it accessible to almost everyone, however, to operate with adequate risk control, we can recommend a higher initial deposit, you will understand.

How to trade Forex in Forex company Currency Opportunities:

What is your opinion?Same as stocks, you can change currency based on your views on currency values (or price you think the currency will have in the future). However, what distinguishes the currency is that you can operate upward and downward trends. If you think a coin will rise, you can buy it. If you think your price will fall, you can sell it. In addition, since the currency is so large, finding buyers and sellers is much easier than in other markets subject to liquidity.For example, you may have heard that China devalues its currency to attract foreign investment. If you believe that the trend will continue, you can make one of the exchange trades: selling the Chinese yuan in exchange for another currency, for example, the US dollar. The more the yuan is against the dollar, the more its profits are high. On the other hand, if the yuan appreciates after having sold in exchange for dollars, they will suffer losses and fail to market.Currency trading. How to buy and sell currencies.

You have your opinion. And now?
Open your Forex trading company free Forex platform and trade in your opinion.All currency transactions involve two currencies, since you bet the value of one currency against another. Think of the EUR / USD pair, the pair of the most traded currencies in the world. The euro, the pair's first currency is the base, while the USD is the currency of listing. When you see a quote on your platform, the price shows the amount is 1 euro in US dollars. In quotes, prices are always two: one buying and selling the other, and the difference between them is known as the spread. When you click buy or sell, buy or sell the first currency in par.Let's say you think the value of the euro will rise against the US dollar. This pair is the EUR / USD pair. Since the euro is the first currency, you buy the EUR / USD pair. On the other hand, if you believe that the value of the euro will fall against the dollar, you could sell the EUR / USD pair.If the purchase price of EUR / USD is 0.70644 and the selling price of 0.70640, which means that the spread is 0.4 points. When the price moves in your favor or against you, you should take into account the spread to calculate your winnings or losses.