The Way The World Moves Money is Constantly Changing
Therefore, many currency speculators rely on the availability of enormous leverage to increase the value of potential movements. In the retail forex market, leverage can be as much as Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity , foreign exchange brokers have been able to make high leverage an industry standard in order to make the movements meaningful for currency traders.
Extreme liquidity and the availability of high leverage have helped to spur the market's rapid growth and made it the ideal place for many traders. Positions can be opened and closed within minutes or can be held for months.
Currency prices are based on objective considerations of supply and demand and cannot be manipulated easily because the size of the market does not allow even the largest players, such as central banks, to move prices at will.
The forex market provides plenty of opportunity for investors. More than ever we are committed to helping our customers navigate through, and thrive within, the ever-changing world we live in today. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this website. O FX provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.
Trading some of the more obscure pairs may present liquidity concerns. Forex trading doesn't usually require payment of an exchange or license fee, but you will be required to deposit margin for the position. The Standard account can either be an individual or joint account. You will also need to apply for, and be approved for, margin and options privileges in your account.
This feature-packed trading platform lets you monitor the forex markets, plan your strategy, and implement it in one convenient, easy-to-use, and integrated place. One of the unique features of thinkorswim is custom forex pairing.
For any trader, developing and sticking to a strategy that works for them is crucial. Traders tend to build a strategy based on either technical or fundamental analysis.