Forex is a worldwide trading market that makes it possible to trade currencies online at any time of the day.
The Forex market is never down. From the early mornings in Wellington (NZ), to lunch time hours in London (UK), up until the late nights in New York (USA), this worldwide online trading market can be found up and running at all hours.
Your Forex Account
A Forex account provides you with the opportunity to join in with this never sleeping market. Trading with Forex is simple, and when you create your first Forex account you can choose to trade on the website, your mobile or to download the FOREXTrader PRO Platform.
All platforms allow you to check the currency markets a week ahead so you can be on top of the news and be informed about events that may influence the markets during the following week. You also have access to real-time pricing charts and round the clock updated news and research.
Besides offering tutorial videos and round the clock news and charts, any platform you trade on will also display your account summary. This summary includes your balance, realized gain and loss, unrealized gain and loss and your margin balance. This way you will always know where you stand and be in control of your trades.
How Does It Work?
The Forex trading market is simply the simultaneous action of buying one type of goods and selling another. As the world’s different currencies are always fluctuating in value against each other, the profit lies in buying and selling while using the fluctuations to your advantage.