Forex refers to trading in foreign exchange markets, i.e. trading with currency. The name Forex originates from the English term Foreign Exchange, which means: currency or coins. With daily sales of more than 4 trillion US dollars, it is the largest liquid financial market in the world. You can also take advantage of the changes in value in the international foreign exchange market.
Make the most of the advantages offered by FCI Markets Inc:
The trading of currency is based on the simultaneous nature of the purchase and sale of different currencies on the interbank market. These transactions generate the exchange rates, therefore the value of any currency can be expressed in terms of any other currency. Currencies are always traded in pairs. Therefore, it is not possible to buy or sell just dollars. Euros are bought or sold for dollars, dollars for yen, etc.
Forex trading uses the so-called leverage effects. A leverage of 1:200, for example, means that the trade becomes effective on the amount of capital invested multiplied by 200. Thus the opportunities of making a profit increase substantially. The decisive advantage of trading currency is in the limitation of losses (stop-loss-orders), whilst the opportunities for making profits are unlimited.
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