Easy Choice
With four major currency pairs (EUR/USD, GBP/USD, USD/JPY and USD/CHF), Forex is a fairly simple trading instrument. Unlike stocks where you have thousands of portfolios you can sharpen your skills one just a few pairs before you more onto more exotic currencies, precious metals or energy commodities.
Non-stop Liquid Market
Forex is the basis of world economies which is what makes it such a vast and liquid market. This is good news for the trader as it means there are fewer price gaps and unpredictable spikes. The currency markets overlap around the world giving you 24 hour access 5 days of the week. This gives greater flexibility to your trading and allows you to take advantage of market opportunities as they arise.
Opportunities and Risks
The price of currencies fluctuate constantly but at small amounts. Leverage is what allows you to optimize profits – but it also carries extra risk! With 1:100 leverage, you have $100 for every $1 you invest allowing you to magnify your profits (but beware, also your loss). As currencies are sold in pairs – you can profit in rising or falling markets, whether you are buying or selling a currency. The key is to buy when a currency is low and sell it back once it is high. easy-forex® includes Stop Loss and Take Profit orders to help traders with their risk management.
Start easy
Trading Forex online is instant and with real-time prices you can open and close deals at the click of a button. You can enter with low minimum deposits, pay with your credit card and begin trading almost immediately. There are no commissions, clearing or exchange fees for you to pay; as a Market Maker, easy-forex® makes its money from the spread and rolling fees (where deals are open past market closing for the day).
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