Open orders on Forex
Why trade Forex
Forex, shortly known as FX, is the largest financial market in the world. There are individuals, companies and financial institutions who participate in the market by exchanging one currency for another. The profits are generated by the difference in the sell and buy price. Forex is open 24 hours a day, Sunday-Friday. The daily transaction of Forex is around £3 trillion. The Forex market is very active compared to stocks market or any other market. It is traded over the counter, which means that currencies are not listed on any exchange. It is a global market, there is no one central location, even though the majority of trades goes through London, New York and Tokyo.
Forex traders have frequent opportunities to take advantage of price movements according to the high volumes of trade activity and the rich number of buyers and sellers in the market. Some of the factors which influence the price of the currencies are the decisions the central bank might take, the relationships between states also.
Trading Hours of Forex Exchanges:
New York Forex Exchanges availability: 13:00 to 22:00 GMT
London Forex Exchanges availability: 08:00 to 17:00 GMT
Tokyo Forex Exchanges availability: 00:00 to 09:00 GMT
Sydney Forex Exchanges availability: 22:00 to 07:00 GMT
Forex Live Prices
Trading on Forex is the same as trading other assets, here you are buying or selling one currency for another. You do not own the currency; you will trade on the price. The key advantage of trading Forex over other assets is that currencies can be traded in relatively small lot sizes – 1000 units or one micro lot. Trading Forex with Market Ltd will allow you use leverage up to 1:500, which will help you multiple your profits while investing smaller amount of capital.
Why trading Forex with Market Ltd?
► While many of our competitors change spreads depending on the market conditions, we have fixed ranges of spreads. You will start with a one-time decided spread range and these will be the spreads you will pay during all the time you are trading with us.
► Webtrader platform allows traders to open, manage trades freely. More, you can keep a trade pending, so you expose it in the market once you think the conditions are right. One click and you are right in the spot.
► Think about the lowest price you are fine with and set stop-loss to automatically close the position when the predefined price is reached. It is considered as one of the most brilliant tools for risk management. We offer it with the platforms without any additional fees.
► Go long or short with the most liquid asset of the financial market, Forex pairs. Open positions on the giant of the financial market, with a total daily transaction up to $5 trillion. Trade the most liquid pairs, as they are differently called, the majors- EUR/USD, GBP/USD, USD/JPY.
► Create a winning trading portfolio with various FX currencies. Choose among major, minor and exotics pairs. Create a strong trading basement with Forex trading. You can stick with a pair you know the best or many of them.
► The market is open 24 hours, from Monday to Friday. Forex trading starts with Australia exchange, Asia and then Europe, followed by the US market until it is closed on the weekend. During the summer, Forex starts on Sunday at 9:00pm GMT, and it is closed at 9:00pm GMT on Friday. During winter time, it starts at 10:00pm and closes at 10pm accordingly.
The range of financial instruments
The EUR/USD is the ticker for the euro – dollar currency pair. It represents one of the majors in Forex and since it shows the world’s largest economies and trading amounts, it has the highest levels of liquidity. It is, in fact, the most liquid pair and offers low spreads to traders who wants to choose it as their main trading asset. The logic of the pair is the same as for the other pairs, it shows how much of the second currency it is needed in order to buy one unit of the main currency. When it is said that the currency is getting stronger, it means that you need to pay more US dollars in order to buy one euro and when the price of the EUR/USD is falling, it means that the value of the euro is declining relative to the US dollar.
Trade the markets instantly with a cutting-edge trading platform.
Open your account with Market Ltd Webtrader and rock the market anytime a possibility pops up. Anytime, anywhere you are. You only need internet connection, a smart device and your account activated.