Forex is an abbreviation for “foreign exchange market”, often referred to a FX when buying one currency and selling another. A short time ago, FX trading was available only to banks, other large financial institutions and only the very wealthy. Now it is accessible to everyone with a computer or a smart device and an internet connection.
Why do we trade currencies?
•With a daily volume of $4.8 trillion as of January 2015, it is the world’s largest market
•Tight spreads/super fast execution
•Forex Market has many trading options both for rising and falling market price
Forex is the most widespread form of online trading and at DeltaFXMarkets we offer you 60+ of the most common currency pairs tradable on your customizable MT5 platform.
•Major currency pairs are the most liquid pairs to trade which include the US Dollar. Such as the EUR/USD and the USD/JPY.
•Minor currency pairs do not include the USD and are known as crosses. Such as the EUR/GBP or the EUR/JPY.
•With us you can also trade exotic currency pairs, such as USD/NOK. They are made up of a major currency coupled with the currency of a developing economy.
Trading on FX means that you are buying the difference or spread between the two currencies.
For most currencies, as a rule the daily volatility is low. Global currencies usually move less than a percentage point within one trading day. Thus, the FX market one of the least volatile markets in the world.
In DeltaFXMarkets we guarantee that all transactions are fully automated which means your trades are executed efficiently and settled instantly. We call this “fast reliable trading”.
100% automated with no re-quotes or rejections unless upper and lower bounds are set to protect against price volatility.
There is no dealing desk or algorithmic software intervention to direct trade in favour of the broker.