Forex (or FX) is traded on margin, typically 100:1 leverage. This means you only have to allocate a very small proportion of the value of your position to secure a trade, while maintaining full exposure to the market. In effect you are increasing your profit (and loss) potential.
FX trading is a true 24-hour market, beginning in New Zealand followed by Sydney, and moving around the world to Tokyo, London and New York. Unlike any other financial markets, investors can respond to currency fluctuations caused by economic, political and social events at the time they occur, without having to wait for markets to open.
The FX market is open 24 hours. It is the most heavily traded financial market in the world, with a daily average turnover of well over US$2 trillion. With so many market participants trading over 24 hours, the FX market is more liquid than any other financial market.
For example if you trade a particular currency pair, whether it is for $10,000 or $10,000,000 trade, you will typically receive the same FOX WORLD MARKETquoted price, which may not be the case for CFDs over less liquid markets such as the share market.
By trading FX with FOX WORLD MARKET, a private trader can capitalise on the principle of leverage. For a cash deposit or initial margin, you can control a position many times larger than the size of the deposit. An initial margin is required to maintain each position you enter. The amount of margin for each position is determined on a daily basis by the volatility of each of the currencies. The initial margin may vary upwards from 1% of the face value of the underlying position.
FOX WORLD MARKETtrading platform enables trading of Forex together with other asset classes from a single integrated platform. FOX WORLD MARKEToffers a wealth of market information and all the tools needed to successfully trade.
FOX WORLD MARKETprovide regular analysis and market updates to help our clients understand and profit from current trends and upcoming news. This strategy and analysis is backed up by reliable and timely news feeds from Dow Jones Newswire, Market News International and more.
With FOX WORLD MARKETyou can trade 24 hours a day. FOX WORLD MARKETdealing desk is open from Monday at 7am AEST until Saturday 9am AEST. With the ability to trade during the Asian, European and U.S. market hours, traders have the advantage of customising their own trading schedule.
FOX WORLD MARKEToffers Forex trading on margins starting at 1% allowing you to efficiently utilise your trading capital.
Our exceptional customer service will provide you with the information and support you need for to trade successfully.
FOX WORLD MARKETgives more live tradable prices. Trade on streaming executable rates and know what price a trade will be dealt on up front.
FOX WORLD MARKETaggregates liquidity from top Tier-1 providers allowing us to provide highly competitive Bid/Ask spreads.