What is Forex?
The foreign exchange market, or the "FX" market, is where the buying and selling of different currencies takes place. The price of one currency in terms of another is called an exchange rate.
What is Margin?
"Margin" means a difference. Forex Margin trading means that one trades currencies backed by a fractional deposit of money (the deposit serves as collateral to your account). The margin is measured in percentages from the total value of the position, for example a 1% margin of a $1,000,000 USD/JPY position is $10,000. What this means is that in order for somebody to buy $1,000,000 of USD/JPY one would need to put down $10,000 or 1% margin.
We offer trading in the following currency pairs:
EUR/USD |
GBP/CHF |
USD/JPY |
AUD/JPY |
GBP/USD |
EUR/AUD |
USD/CHF |
EUR/CAD |
USD/CAD |
NZD/JPY |
AUD/USD |
CAD/JPY |
EUR/GBP |
GBP/CAD |
EUR/JPY |
GBP/NZD |
GBP/JPY |
GBP/AUD |
CHF/JPY |
AUD/NZD |
EUR/CHF |
AUD/CHF |
NZD/USD |
USD/MXN |