Trade on the most liquid financial market worldwide.
The forex market is more liquid than any other financial market as it opens to participants globally and at all times, making its trading volume the highest with a turnover of US$ 5 trillion daily. Foreign exchange is often referred to as forex or FX, and is the domain in which the exchange of money between two countries takes place at a mutually agreed rate.
Forex is an Over-the-Counter Market (OTC)
Each trade does not go through an exchange and forex trading is settled "on the spot", as opposed to at a set date in the future. Forex gives options to enter a buy or sell trade whenever, without restrictions, offering opportunities to gain from short-selling currencies.
Trade with Leverage
Leverage gives the ability to hold larger positions than the initial deposit, allowing traders to hold positions with only a fraction of the value required. With the larger tradable fund in your platform for trading, you are able to trade more than what you have initially deposited.
Lot Size Specification
A standard lot for forex represents 100,000 units of the base currency. The minimum required lot is one micro lot, which is 0.01 of a standard lot or 1,000 units of the base currency.
Trading in Different Currencies
Profit and Loss will be automatically calculated in your default currency using post rate for conversion.