Markets
Forex
The Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded. It actually determines the exchange rate for currencies worldwide. People participating in forex trading can either buy, sell, exchange or speculate on currency pairs such as EUR/USD and GBP/USD and eventually towards what you believe could potentially be more profitable.
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Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital.These products may not be suitable for everyone and you should ensure that you understand the risks involved.
How to Trade Forex?
Currencies always trade in pairs – one against the other. If one appreciates in value, it does so at the expense of the other.If you believe that a currency pair such as the British pound will rise against the US dollar you can place a buy trade on GBP/USD. If the price rises, you will make a profit for every point that GBP appreciates against the USD. If the market falls, then you will make a loss for every point the price moves against you. Our trading platform tells you in real-time how much profit or loss you are making.