FX Markets

WHAT IS FOREX TRADING?

FX trading means exchanging one currency for another. For example, selling US Dollars to buy British Pounds or Euros. It always involves two currencies, known as a currency pair. 

When trading Forex you are anticipating the movement of currency- in either direction- since you can either "buy" a currency or "sell" it. 

 

Globally open, 24-HOURS A DAY:

The forex market begins when New Zealand’s financial institutions open and then continues through the day as other financial institutions open across Asia, Europe and, finally, the Americas. This cycle continues through the working week, with overlapping time zones ensuring that the trading window for forex is wide. Trading is available 24 hours a day, five days a week.

 

REASONS TO TRADE FX: 

Forex is attractive to investors either speculating (trading for profit) or hedging against other investments for the following reasons: 

 - The market is the world’s largest and most liquid.

 - Trading takes place 24 hours a day, five days a week.

 - A centralized and transparent system is offered to traders.

 - Choice of over 60 popularly traded currency pairs.

 - Technological advances allow the simplicity of trading.

 - There is the potential to profit from long or short selling.

 - Leveraging allows for the maximizing of returns on the minimal initial investment.

 

HOW TO TRADE FOREX: 

Forex trading is always done with currency pairs. At AK Global Markets, you can trade with over 60 different currency pairs. The first currency listed is the base currency, while the second is the quote currency. Thus you decide whether to buy and “go long” or sell and “go short”, depending on whether you expect currencies to increase or decrease in value, based on market factors, economic events, news, and trading strategy. 

 

Buy and sell effective working mechanism:

- Buy: When you expect the base currency will increase in value or the quote currency will decrease in value against it, profits will rise as the exchange price increases.

- Sell: When you expect the base currency will decrease in value or the quote currency will increase against the base, profits will rise with every point the exchange price falls.

 

WHAT ARE PIPS, SPREAD, MARGIN AND STOP LOSSES?

There are few more important terms to understand when trading forex.

- Pips: When a currency price is displayed, the digits after the decimal point are the “price interest points”. These measure the change in the exchange rate for currency pairs.

 

- Spread: Currency pairs have two prices, the sell or “bid” price and buy or “offer” price. The spread is the difference between them and the cost of the trade.

 

- Margin or leverage: You only need to hold a small proportion of the amount required to open a forex trade. The percentage is decided by the leverage or margin settings agreed upon when opening an account, with leverage up to 30:1 available at AK Global Markets. 

 

- Stop Losses/Limit Orders: Protect forex trades with a stop loss, that closes out trades at a set price worse than the current market level to minimize losses. Limit orders lock in prices by closing out trades when they reach a set level better than the current market.

 

WHY CHOOSE AK GLOBAL MARKETS AS YOUR FOREX BROKER?

 

There are various reasons to choose AK Global Markets as your forex broker, whether you’re a new trader or experienced one:

 

- Regulated by the Central Bank of the UAE, the Financial Conduct Authority (FCA) in the UK and the Securities & Futures Commission (SFC) in Hong Kong.

 

- Customizable leverage up to 500:1, with leverage selected when opening an account.

 

- OREX and MT4 platform choice for trading forex on the desktop, smartphone or tablet.

 

- Advanced charting and analysis, with over 50 indicators available and the ability to build your own

Institutional standards of customer care.

 

FLEXIBLE FOREX TRADING:

 

With AK Global Markets as your forex broker, a range of flexible options are available. The forex market is open 24/5 and with our OREX trading platform, which can be downloaded for free on iOS, Android, and Windows devices, you can trade from anywhere. Moreover, you will receive forex alerts based on price, volume and other market movements to stay up to date and trade on your chosen currencies almost instantly when an opportunity arises. Mini, micro and standard lot sizes can be traded from your OREX or MT4 platform on over 60 currency pairs. A choice of trading accounts can be compared to help you decide which best meets your requirements based on their individual features. While advanced charting, analysis, and other tools can help you implement any type of forex trading strategy, either short or long-term, with the ability to go long or short on currencies as well. 

 

 

Open an AK Global Markets forex account to take advantage of the wide range of excellent features and services we provide.

bank1
bank visa
bank55
bank66