Forex is the foreign exchange market, traded 24 hours a day, 5 days a week by banks, institutions, and individual traders. Learn more about the world’s most traded market with a turnover of $* trillion per day. Портал, присвячений торгівлі на форекс і бінарних опціонах: роботи, прибуткові торгові системи, рекомендації професіоналів.
Our basic principle is work in the interests of the client and providing optimal conditions for a comfortable and profitable Forex trade. Our clients use the best forex broker trading technologies. They have constant access to the information data and major news from the world leading informational agencies. Our great team of analytics every day publishes an impressive amount of extremely useful information of technical and fundamental analysis, as well as economic news.
Today our services are used by Forex clients around the world: Among them are beginners of the Forex trading and professionals of this financial market. By opening an account with PaxForex broker, you get full access to all features of the online brokers Forex market, CFD, futures trading and commodity markets goods. After a simple registration process, you will get complete freedom in choosing the account that best fits your individual needs.
In addition, we offer a very wide variety of Forex bonuses, which you can use immediately. Our employees are working every day with our customers and provide them with comprehensive support. Regularly updated news of the financial markets, the economic calendar of events and all types of market analytics provide our Forex clients access to the latest information they need to make the right decisions in their trading process.
We also believe that beginning FX trader will have with us great opportunities to gain experience, deep knowledge together with risk-free trading on demo and free bonus accounts. This will bring them a big confidence and a wish to earn more by investing and opening our standard Forex accounts. PaxForex is determined to maintain the selected rate and increase the pace of development. We hope that this will help us to win the confidence of traders in new regions of the world and to hold our Forex market leadership.
When trading forex as in most endeavors, it is important to start at the end and work backward to create your plan and figure out what type of trader you should be.
In the heat of the moment, making objective decisions about your trades can be difficult, leaving you at the mercy of emotion and gut feeling. A trading plan helps you make logical decisions, even when the stakes are high. A good trading plan can act as your own personal decision-making tool, helping you decide what, when and how much you should trade. As a forex trader, you need Here are the key factors to keep in mind today for Australian Dollar trades: Economists predicted a figure of Alright, I totally get it.
There are plenty of bad bosses around. Rather, currency trading is conducted electronically over-the-counter OTC , which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone.
This means that when the trading day in the U. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly. Spot Market and the Forwards and Futures Markets There are actually three ways that institutions, corporations and individuals trade forex: The forex trading in the spot market always has been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on.
In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers , the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators.
When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.
What is the spot market? More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations both locally and internationally , as well as the perception of the future performance of one currency against another.
When a deal is finalized, this is known as a "spot deal". It is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value.
After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present rather than the future , these trades actually take two days for settlement.
What are the forwards and futures markets? Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement. In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.
A good trading plan can act as your own personal decision-making tool, helping you decide what, when and how much you should trade. All IB accounts have Currency Conversion, which let you convert one currency to another without using leverage.
PaxForex is determined to maintain the selected rate and increase the pace of development.