Forex Trading
Forex trading with low and stable spread
Forex Trading?
The Forex market stands out as the world’s largest and most heavily traded financial market. It boasts an average daily turnover surpassing 5 trillion USD.
Market Size
The Forex market is the world's largest financial market, with a daily turnover exceeding 5 trillion USD, making it highly liquid and dynamic.
Currency Trading Concept
In Forex trading, participants speculate on exchange rates, engaging in buying and selling currency pairs. This process is comparable to stock trading, but instead of shares, traders deal with different currencies.
Forex with Us
Forex Trading
In other markets, short selling can be achieved through derivatives like CFDs, but in forex, it's a natural component. This stems from the fact that you're consistently trading one currency (termed the quote currency) in exchange for another (known as the base currency). The value of a forex pair indicates the amount the base currency is valued at in terms of the quote currency.
Unlike the stock market, the Forex market is open 24 hours a day. Forex operates on a continuous computer network, allowing trades day and night. It's an over-the-counter (OTC) market without a central exchange. Since forex operates on a global scale, you can consistently leverage the trading hours of various active sessions.
With FlowBank you can trade FX pairs using CFDs, which is a leveraged product. Leveraging gives you the ability to amplify your trading potential. This means that you are only paying a fraction of the full value of your position up front. For instance, to obtain a CFD on EUR/CHF you may only need to deposit 1.5% of the positions full value. This initial deposit is known as margin.
The Forex Market with its vast trading volume, sees an average daily turnover of $5 trillion. Liquidity in Forex refers to the amount of ease and efficiency with which a currency pair can be bought or sold in the FX market without causing significant price fluctuations. This means that traders can execute traders at prices that reflect the current market conditions.
At FlowBank you can trade over 50+ FX pairs from one single multi-currency account. You can find a list of all of our currency pairs on our pricing list here.
Trading Forex?
Open an account
Make a deposit
Start Trading