Enter the world’s largest market and trade over 60 currency pairs
What is Forex?
Foreign currency, or Forex for short, is simply a market that allows you to exchange one currency for another. When a currency “sells” one, there is a buyer for that currency elsewhere. Now, the exchange rate between these two currencies is important when trading Forex. The exchange rate fluctuates constantly, and it is these fluctuations that allow market speculators to profit from trading.
With a daily trading volume of 6.5 trillion dollars, the Forex market is very huge! For example, it outperforms the New York Stock Exchange (NYSE), which if we compare it to it, we will find that its daily turnover is only $ 22.4 billion.
The large size of the Forex market attracts a wide range of different participants, including central banks, investment managers, hedge funds, companies, brokers, retail traders – and 90% of market participants are currency speculators!
Why TRADERZZ trade with Forex
How to trade Forex
The value of each currency depends on supply and demand for it, and therefore on the determination of the “exchange rate” between two currencies, which fluctuates constantly. The exchange rate is the value of one currency against another.
It is the exchange rate that determines the amount of currency that you will get against another currency. For example, how many pounds will you get for the amount of euros you own?
Now, when you trade forex, you will trade on currency pairs. Therefore, there will be two different currencies, and you will expect one value for another.
Learn to trade Forex
Forex trading hours
There are 4 separate trading sessions: Sydney, Tokyo, London, and New York.
So, you can trade 24 hours a day, 5 days a week (markets are closed on weekends).
Start trading with
Joining is easy and fast
Make a deposit
Choose a payment method, fund your trading account, then start trading
Once your documents are approved, open a live trading account.
Complete the registration, then log in to your client area and upload the required documents.
REGISTERED OFFICE ADDRESS: 71-75 Shelton Street – London – Greater London – WC2H 9JQ – UNITED KINGDOM
High risk warning: Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before making a decision to trade in CFDs, you should carefully consider your trading goals, level of experience and risk appetite. It is possible to bear losses that exceed the invested capital, and therefore you should not deposit funds that you cannot afford to lose. Please ensure that you fully understand the risks and take appropriate care to manage your risks.
We strongly advise you to seek independent financial, legal and tax advice before embarking on any trading in a currency or precious metals. The contents of this website should not be construed as advice by traderzz or any of its affiliates, directors, officers or employees.