In times of exchange rates, investors wish to obtain high returns by making use of such price movements. The possibility of investing in foreign exchange buying / selling is possible both with leveraged transactions and with Forex, which is the most liquid market in the world.
What is Forex?
Forex is a word derived from the abbreviation of Foreign Exchange. Sometimes referred to as FX or foreign exchange markets. Forex is a decentralized global market with a wide range of commodity trades and exchange rates around the world. Forex market is known as the largest and most liquid market in the world. It is known that the daily trading volume of Forex, where the international giant financial institutions trade except for individual investors, is around 5 trillion dollars.
What are the advantages of trading on Forex?
Forex trading has many benefits and advantages. The most important advantages of these markets – as they are quite liquid markets – can be realized immediately. In addition, Forex is one of the most well-known features that leverage foreign exchange trading among other investment instruments. Using leverage in foreign exchange transactions is a system that enables transactions with a certain amount of collateral to exceed the amount in the portfolio. leverage ratio up to 1: 10, although it depends on various currency pairs can be used in Turkey.
Another advantage of the Forex market is that you have the flexibility to invest in any foreign currency cross, regardless of the amount of foreign currency in your portfolio. You can also open positions according to market conditions with the possibility of buying or selling. In this way, you will have the opportunity to gain in both falling and rising market conditions.
The spread between the purchase price and the selling price of the foreign currency crosses in the Forex market, which can be traded 24 hours a week, is lower than the other markets. In this way, traders do not pay commission fees while trading Forex and can spread faster due to low spread.
The fact that the Forex market is seen as one of the reliable markets is that the price cannot be intervened externally in these markets. No one can control the currency crosses in such a huge market where $5 trillion is traded daily.
How to trade foreign exchange in the Forex market?
After opening an account with licensed brokerage houses that have been approved by the Capital Markets Authority, the transactions can be carried out safely. The most used platform for trading in Forex is Meta Trader. Investors can connect to Meta Trader program and trade in Forex market with their user name and password from their brokerage houses, whether they want to use their computers or smart phones and tablets.
Easily access the Forex market with Metatrader
With the NoorCM difference, commodity trader integration has been achieved to quickly and easily invest in currency crosses and various commodity markets. You can connect to NoorCM servers on Meta Trader platform and start trading immediately. In addition, for the first time in the Forex market, traders are given the opportunity to use the Forex trial account to learn the trading logic and test their trading strategies.
With the advanced features and powerful servers offered by Metatrader, one of the most used trading platforms in the world, trading in the Forex market is easy and fast.
What do you need to know before you start trading?
These markets, which offer high return opportunities, are financial markets that contain risks at the same rate. In addition, leveraged trading makes these markets more risky. Therefore, before you start trading in the Forex market, you must first become familiar with the use of the platform and learn the terms of Forex. It is also important to learn the technical analysis tools that the platform offers to investors and to interpret these technical indicators to make profitable transactions.
Investors can gain experience in their Forex Demo accounts before they start real trading in order to develop a trading strategy in the Forex market and learn about market movements. They can also attend free trainings on markets and follow regularly published market bulletins.
In addition to all these, the service, experience, customer support and features that can provide advantages in transactions are the factors that directly affect a successful investment.
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