Forex FAQ's

1. What are Financial Markets?

Financial or capital markets are markets for products which are related to securities or other financial instruments and are typically traded on exchanges around the world. These include products such as Forex, Oil/Gas, Metals, Commodities, Indices and Stocks and a wide variety of these products are available for trading through our partners.

2. What is Forex?

Forex stands for "Foreign Exchange Market". Forex is the International foreign exchange market where currencies are being sold and bought by investors freely, Forex is known to be the biggest and most liquid financial market in the world with around $4 Trillion being traded in the Forex Market daily. Forex investors' trade via the telephone or online for efficiency and effectiveness. Thanks to modern day technology clients can trace their investments through their computer and see results in real-time. The Forex market is open 24 hours a day throughout the working week which makes trading much easier and profitable for global participants. The market schedule of the Forex Market is related to the time zone of its functional market such as London, New York, Hong Kong, Tokyo and Sydney. The Forex market is one of the fastest growing financial markets for both retail and professional investors.

3. Why should I trade on Forex?

Different investors choose Forex trading over trading in other types of markets for a variety of reasons. The Forex market is flexible enough for both novice traders and experienced traders to profit from, so anyone can learn to trade currencies.

• Compared to other markets, Forex has a high profit opportunity, therefore allowing investors to maximize returns for the same amount of capital.
• Trading times are flexible. Which means if you're an early riser who's up before the sun, you don't have to wait for the opening bell to start making money and making the most of your day. If you're nocturnal and go to bed at 4 a.m., you can trade right up till bedtime. If you decide to relocate to the other side of the world, you can still trade in the same market. No fuss, no muss.
• The Forex market is in it's nature global. Forget about BRIC mutual funds, trade BRIC currencies directly. At least you know what you're buying.
• Any financial expert will tell you to diversify your investments. The only real way to do this is by trading currencies. Why? Because trading currencies is trading in a neutral zone. What could be more diverse than trading the common denominator of everything?

4. How do I start trading on Forex?

1. Set up a trading account with a reputable trading house
2. Start trading!

Yes, it's that simple. Reputable trading houses will have their own online platforms to connect you to the market and will guide you step-by-step through the trading process. Look for a trading house that complies with regulatory bodies, e.g., UK's FCA. Be careful to note any hidden fees or costs that could eat away at your profits. The best trading houses are transparent about costs and will not hide costs just to get people to trade.