The definition of foreign exchange
Forex refers to the OTC market while buying a currency and selling another currency. The currencies utilized in the OTC markets trading units are issued by the national government or central bank. The money value of a unit is used as a measure of the transaction
Pricing in Forex Market
Foreign exchange markets and prices are mainly affected and influenced by the flow of various trading and investment between various countries. To a certain extent, the exchange price is also affected by various national economies and their economic policies, factors such as interest rate adjustments, inflation, political instability have a direct correlation to Foreign exchange rates (these factors also seriously affect the stock and bond markets).
What makes forex so appealing
Changes in economic climate and policies generally only produce a short-term impact on the exchange, so when these mitigating factors eventually lead on to the stock and bond markets they adversely trend. While the foreign exchange market can provide to investors more choice and opportunities.
Because of the deep liquidity available in the forex market, you can trade forex with considerable leverage (up to 500:1). This can allow you to take advantage of even the smallest moves in the market. Leverage is a double-edged sword, of course, as it can significantly increase your losses as well as your gains.
TRADE FOREX 24/5
Trading goes on all around the world during different countries business hours. You can trade major currencies at any time, 24 hours per day, 5 days per week. it means that there is also something happening at almost any time of the day or night
We don’t charge any commission per opened or closed trade.
24 hour trading
Invest in online trading with no interruption. The Forex market is available 24 hours a day for trading from any desktop or mobile device.
100XFX offers Default 1:100 Leverage. Higher leverage (1:200) is available upon request, subject to the Company’s approval.
Whatever your trading experience, we provide complete interactive Education tools that empower your knowledge level.