Forex is a currency market where the exchange rates of countries' currencies are bought and sold. It is derived from the English words Foreign Exchange. The global forex market, with a daily transaction volume of 5.5 trillion dollars, is the most liquid financial market in the world. Those actively involved in the forex markets include central banks, commercial banks, portfolio management companies, brokerage firms, international funds, large investment firms, and individual investors.
In forex transactions, two currencies are always used, which are also referred to as currency pairs. The pricing of the currency pair is determined by the value of the first currency in relation to the value of the second currency. Investors aim to profit from price movements by analyzing the appreciation or depreciation of the currency pair in the future.
For example, if an investor believes the US Dollar will appreciate against the Turkish Lira, they would buy USD and sell TRY on the platform. This would be represented as USDTRY Buy on the platform.
We list the advantages of forex transactions below.
You can trade 24/5 on the platform with the currency pairs, commodities, and CFD products offered to you.
The global forex market, with a daily transaction volume of 7.5 trillion dollars, is larger than the total world stock and bond markets. This means the market is free from manipulative movements.
It is possible to profit by making buy or sell transactions based on both rising and falling price movements.
We provide investors with narrow spread rates, allowing them to maintain their investments with low costs.
Demo Forex offers the possibility for investors to trade with leverage ratios of up to 1:400 in the forex markets. For example, using a 1:500 leverage ratio, you can open a 500,000 USD investment with 1,000 USD.
All of our investors can follow real-time market developments and released economic data through our market analysis page.
If you want to learn more about the detailed advantages, you can contact us via the forms on the site.
