Open an Account, forex trading account.

Forex trading account


Ideal for traders who want a traditional, spread pricing, currency trading experience for traders who are seeking ultra-tight spreads with fixed commissions.

My list of forex bonuses


Open an Account, forex trading account.


Open an Account, forex trading account.


Open an Account, forex trading account.


Open an account


Ideal for traders who want a traditional, spread pricing, currency trading experience


For traders who are seeking ultra-tight spreads with fixed commissions.


Not available on metatrader.


Not available on metatrader.


Recommended bal. $25,000, min. Trade size 100K


Active trader program



  • Cash rebates of up to $10/mil volume traded

  • Professional guidance from your own market strategist

  • Reimbursement of any bank fees on all wire transfers



How do I open a joint or corporate account?


What are the differences between a demo and live account?


How does FOREX.Com make money?


Try a demo account


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Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.


Contracts for difference (cfds) are not available to US residents.


FOREX.Com is a trading name of GAIN global markets inc. Which is authorized and regulated by the cayman islands monetary authority under the securities investment business law of the cayman islands (as revised) with license number 25033.


FOREX.Com may, from time to time, offer payment processing services with respect to card deposits through its affiliate, GAIN capital UK ltd, devon house, 58 st katharine’s way, london, E1W 1JP, united kingdom.


GAIN global markets inc. Is part of the GAIN capital holdings, inc. Group of companies, which has its principal place of business at 135 US hwy 202/206, bedminster, NJ 07921, USA. All are separate but affiliated subsidiaries of stonex group inc.



Why you need a forex account to trade


Woman using laptop to trade currency


Photographer is my life / getty images


A foreign exchange account, or forex account, is used to hold and trade foreign currencies. Typically, you open an account, deposit money denominated in your home country currency, and then buy and sell currency pairs.


Your purpose, of course, is to make money on your trades. Unfortunately, the majority of beginning forex traders lose money; they generally spend less than four months reaching the point where they have lost so much that they will close their trading account.


It doesn't mean that the forex market is a scam, as some critics have maintained, but forex scams do abound. Making money on highly leveraged currency trades is harder than it looks and, at a minimum, requires developing expertise that many novice traders fail to acquire.


How you open a forex trading account


The requirements for opening a forex account have become simpler since the growth of online forex trading. Today, opening a forex account is almost as simple as opening a bank account.


First, of course, you'll need to find a forex broker. All retail forex trading goes through and is managed by a brokerage. Some may be specialized forex brokers, or they might be the same brokerage you use for stock market investing and trading.


You'll need to fill out a brief questionnaire about your financial knowledge and trading intentions. You'll also need to provide an ID, and the minimum deposit your forex account institution requires. That's it. You're now free to trade.


Incidentally, many forex brokers will take your credit or debit card in lieu of cash. So, you really don't need to deposit any money at all—not that this is a good idea. If you don't have the cash now, how will you pay for losses later? Credit card debt carries high-interest rates.


Forex brokers


One of the aspects of currency trading that makes it riskier than trading in the stock market is that the entire currency trading industry is either lightly regulated or—as with some trades—not regulated at all. A consequence of that is that unless you look carefully into the reputation of the forex broker you select, you may be defrauded. There are two ways of avoiding this.


The first is to avoid specialized forex traders entirely and to trade with a general stock brokerage active in the U.S. And therefore regulated by the U.S. Securities and exchange commission (SEC).


The other way to avoid inadvertently connecting with a fraudulent broker is to proceed very carefully when considering a specialized forex brokerage. Only open an account with a U.S. Broker with a membership in the national futures association (NFA). Use the NFA's background affiliation information center to verify the brokerage and its compliance record.


Even then, it's a good idea to choose a large, well-known forex broker like forex capital markets (FXCM). FXCM—like almost all of the largest U.S. Forex brokers—offers a free practice account where you can try out potential trades without risking your capital. Some other well-known U.S. Forex brokers are citifx PRO, an affiliate of citibank, and thinkorswim. Don't be put off by the cute name, thinkorswim is a division of tdameritrade.


Before finalizing your search, compare commission rates between brokers. Transaction costs are an important factor in the profitability of trading activity.



Fxdailyreport.Com


So you have thought about it, and you have finally decided you are to start investing in forex trading? Well, forex trading can be a fascinating business, and nowadays, there is much puff about it online.


But how exactly can you get started with forex trading?


Decide on the best forex broker


This is the first and most important step in opening any forex account. You can choose the best forex broker by looking for such factors as the credibility of a broker, their trade execution, low spreads, regulation, trading platforms and styles, account types, and leverage options, among other factors.


However, deciding on the best broker doesn’t stop here. It is extremely important that you play with multiple forex demo accounts offered by different brokers. Opening demo accounts with various trading platforms will give you the chance to learn forex trading properly before investing your hard-earned money. Again, you should consider making paper trade until you start making consistent profits before committing real money. Often, newbies jump into the forex trading market and end up losing significant amounts of capital because of leverage.


So, again, it is strongly advisable to open multiple demo accounts with different brokers before opening a live account. This will not only help you choose the best broker, but it will also help you get ready for real trading.


After choosing your forex broker, the next thing is often a standard bureaucratic process which is just like opening an account at a bank:


Choose your preferred forex account type


How to Open a Forex Trading Account


You will be required to select your preferred forex trading account. There are 3 major types of forex trading accounts-the mini, standard, and managed accounts. Each has its pros and cons. You will need to choose your account type depending on such factors as your tolerance risk, how much time you will have to trade daily, and your size of starting investment, etc.


Standard accounts are the most common. Since they need sufficient up-front capital for you to trade on full lots, many brokers often offer better perks and more services for investors with a standard forex account. However, most forex brokers require a standard account to have at least $2,000 or sometimes $5,000-$10,000 as the starting minimum balance.


Mini trading accounts allow investors to make transactions by using mini lots. You can open this type of account with as low as $250-$500, with leverage of, sometimes, up to 400:1. However, it comes with relatively small rewards.


In managed accounts, the broker (or hired account manager) makes the buy and sell decisions. You will set your objectives (like your profit goals, and risk management) and your account manager will work to meet the objectives. This account type requires large minimum deposits.


Again, regardless of the type of account you decide to open, it is wise to begin free demo accounts first to familiarize yourself with various trading aspects.


Registration


You will be required to give a lot of personal information during the forex account registration process. Various countries have different regulations on forex trading to protect investors, and so brokers will ask you for some personal information to comply with the law. Here is what is typically required;


• your name
• contact information-your address, phone number, and email
• date of birth
• tax ID or social security number
• your national ID number
• employment status
• the type of currency you want to use
• net worth
• annual income
• country of citizenship
• your trading account password
• trading experiences and objectives, etc.


It is highly unlikely to find a broker that does not ask for this information, and in case you find one, be suspicious.


After giving all the required information for processing, the broker will typically require you to send them some verification documents like copies of your national ID, and perhaps a utility statement so that they can verify your address and name.


In the final steps opening a forex account, you should see risk disclosures (which you need to take very seriously). Forex trading can be a very dangerous business, and brokers are required to remind you this.


Activate your account and start trading


After your broker has received the required paperwork and information, you will receive an email directing you on how to complete your account activation. After completing this step, you will receive another email with instructions on funding your forex account, your username, and password.


Then all that is left is just logging in to your account and start trading!



Forex trading accounts


To trade online, you need to open a forex trading account. When you sign up, you will likely have to choose among several account types. The best forex trading accounts are those that suit your personal needs perfectly. On this page, we look at the forex trading account options you have. We also discuss ways in which these account options will impact your trading performance. You will learn:



  • Which is the best forex trading account?

  • Account types. What is a standard account, a funded account, a mini/micro account, a managed account, etc?

  • Geographic account type considerations.



Below are the best forex trading accounts in your location:


The top 5 forex trading accounts in the united kingdom


Opening a forex trading account


What do you need to consider when opening a new forex trading account?



  • The brokerage firm. Is it reputable or is it a known scammer?

  • The services the brokerage firm offers.

  • Costs and incentives involved.

  • The account type that best suits your needs.



Once you have gotten these issues sorted, there is 3 step process for opening an account:



  1. Fill out the application forms and provide the information your broker requires.

  2. Fund your account.

  3. Start looking for investment opportunities.



When you select a brokerage firm, you take all these factors into account. You need to know whether your would-be broker is a trustworthy destination for traders. Though fewer these days, rogue operations still exist. Creating a real money account with such a broker is flushing money down the toilet.


You also need to know what incentives your broker offers. Match up these incentives with the costs. The broker has to support the account type you prefer and it has to give you access to a proper suite of services. You may even have a preferred account funding method. The broker may or may not accept/support that method.


Services-wise, you are looking for:



  • Proper trading platforms, with solid technical analysis tools.

  • Access to education and research.

  • Trading foreign markets.

  • Special features you may want.

  • Convenience. Some brokerage firms offer face-to-face guidance. Others do not. It always makes sense from the perspective of trust, to prefer an operator with physical offices close by.



As far as incentives go, some brokers offer commission-free trading. Others may even reward you for certain achievements as a trader. You may even want to keep your savings with the broker if it rewards you for it.


Make sure you read and understand the full pricing schedule/policy of your broker.


Determining the right trading account type to meet your needs depends on what kind of trader you are, and what your objectives are.


When you fill out your application forms, be aware that you will have to provide information on your employment status, investable assets, and net worth. Some find such probing on the part of the broker quite intrusive.


You also have to provide a copy of your ID/driver’s license. If you want to trade options or gain access to margin, you may have to provide additional information.


Brokers accept several account-funding methods.



  • Various e-wallets. (neteller, paypal, skrill etc)

  • Bank transfer.

  • Electronic funds transfer.

  • Checks.



Some may accept asset transfers and even paper stock certificates.


Which is the best forex trading account?


As mentioned, the best account type for you is the one that best suits your needs and personal profile. The factors you should consider in this regard fall into two main categories.


Your investment objectives.
The type of trader you are.


Choosing a forex trading account based on your investment objectives


– most “casual” traders invest with a relatively near-term goal. The “make some money” mantra is the main driver behind such efforts. If this mantra describes your investment objectives, you likely need a traditional brokerage account. Such accounts do not offer any tax advantages. On the other hand, they do not tie up your investments long-term either.
You may also be able to trade on margin with such an account. Trading on margin involves borrowing money from the broker. The assets in your account will serve as collateral in this case. Trading on margin carries some obvious risks.


– if your goal is to secure your nest-egg for your retirement, an IRA (individual retirement account) is your option. All IRA options, such as traditional IRA, roth IRA, and rollover IRA offer you tax benefits. On the downside, you will not be able to touch this money before you are old.


Choosing a forex trading account based on what type of investor you are



  • you are an absolute beginner. And as such, not much of an investor. What you need at this stage is education. Possibly some good trading signals as well. In a word, you need an account, through which the broker can hold your hand. It could be that your ambitions are not high. Still, you need to know why you are doing what you are doing. Customer service and user interface are important factors in your account selection.

  • you are a “value” investor. Such investors buy and hold assets, to sell them when they appreciate. Such investors are not active traders. If you are a value investor, you value fundamental analysis. You have little use for charting and fancy technical indicators, however.

  • passive investing. Those who invest in index funds passively do not require much from their broker. Unlike beginners, such traders don’t need their hands held either. They just need access to index funds, and good tradable asset selection within this category.

  • high frequency trader. Active traders do not hold their positions long-term. They buy and sell with high frequency. Thus, they need all the bells and whistles their broker can offer them. They want good trading platforms with superb charting. Outstanding reporting and a highly functional interface are also musts. Technical analysis is the bread and butter of this trader category. Trading costs are also very important for active traders.


Forex trading account types


There are four basic account type categories: standard, funded, mini and managed. We will look at each in turn.


Within these categories, there are a few additional variants, such as the micro accounts. There are a handful of special account types as well, such as islamic accounts, demo accounts, and VIP accounts. Every one of these account options carries some advantages and some disadvantages.


Standard trading accounts


The name of this account option stems from the standard lots to which it gives traders access. A standard currency lot is worth $100,000. Such a lot size seemingly places this account type out of the reach of average traders.


You do not have to have $100,000 in your account to trade, however. The existence of margin and leverage means that you only have to have $1,000 to trade a standard lot.


Leverage varies based on many things. In the EU, forex leverage is capped at 1:30. In other places, brokers may offer leverage up to 1:500 even on standard accounts.


Brokers offer full services for the holders of standard accounts. Such accounts require upfront capital, so these are all depositing traders. The profit potential of this account type is significant as well.


On the downside, the same goes for loss potential. For this reason, you should only trade through a standard account if you are an experienced trader.


Funded trading accounts


Some brokers/other financial organizations fund certain traders. They provide them with starting capital, in exchange for a share of their future profits.


How does such a setup work?


Would-be funded account owners need to pass an evaluation program. If the broker’s analysts consider them to be good candidates, they grant them a funded account.


Funding can run into millions of dollars. Profit splits are in the 50% range. Funded accounts carry monthly profit targets. Traders who fulfill these targets can gain additional funding.


The broker pays out the profits periodically.


What do you need to do to secure such a funded account?



  1. Your first step is to sign up for the evaluation program.

  2. Trade through the evaluation account and reach the targets.

  3. Earn a proper funded account and start making money for you and the account provider.



Mini and micro trading accounts


A standard account features $100,000 lots. For traders who cannot afford to trade in that league, despite margin and leverage, mini accounts offer an alternative. A mini account supports mini lots. These lots are worth $10,000 each. Mini accounts usually accompany standard accounts and they target new traders.


Micro accounts take this approach a step further. They support micro-lots of $1,000. Such accounts are even more affordable than the mini ones. Like the minis, micro accounts target beginners as well.


The main advantage of mini and micro accounts resides in risk-reduction. For a mere $250-$500, you can open such a trading account. Trading in lower increments stretches your funds longer as well. This is one of the reasons why professional traders like to use such accounts. They can test their strategies in a low-risk, real-money environment.


In addition to the inherent risk-minimization benefits, mini and micro accounts let you spread your funds thinner. Thus, you can better micro-risk-manage them.


The obvious downside is that risk/loss minimization reduces profit potential as well. Such accounts are, therefore, hardly suited to cover the profit needs of professional/advanced traders.


Managed trading accounts


Forex trading account management works like this, A managed account is one that holds your funds but excludes you from decision-making. You make your deposit, and someone else – usually a broker-side expert – does the trading for you. You may be able to set objectives, however.


Why would you want to give up control through such a trading account?


– you are not an expert and you feel that the manager will do a better job than you ever could. Thus you let the manager handle your individual trading account.
– you feel that pooling your money with the funds of other investors offers you a degree of protection. Such managed accounts work like mutual funds. Managers handle the trading and they distribute the profits.


Managers rank these pooled accounts according to risk tolerance. Those looking for higher profits opt for more risky accounts. Those with a lower risk tolerance play it safer, earning less.


The main advantage of a managed account is that it allows you to cash in on the skills of a forex professional. Furthermore, you get to do it hands-off.


The disadvantage is that this forex expert will cut a commission from your profits. Managed accounts require larger deposits than regular ones. Individual accounts may require as much as $10,000. Pooled accounts are slightly cheaper at around $2,000.


Islamic trading accounts


Islam holds trading to be haram (not permitted). There are ways to turn it into halal (permitted), however.


All trading activity has to adhere to the principles of islamic finance.



  • There must not be any interest (riba) involved.

  • Exchanges involved in trading have to be immediate.

  • No gambling is allowed.

  • Risks, as well as benefits, have to be distributed.



Islamic accounts are swap-free accounts, through which transactions and the payments of costs associated with them, happen instantly. In the context of islamic trading accounts, the margin, commissions and administrative fees are not riba.


VIP accounts


Brokers reserve their VIP accounts to their most privileged clients. A VIP account holder enjoys special benefits, such as superior trading conditions. Forex brokerages often invite VIP traders to special events, treating them to special rewards.


What do you have to do to gain access to such an account?


You normally need to deposit an unusually large amount of money (often upward of $100,000). You will also need to trade frequently and perhaps meet certain trade volume requirements.


Demo accounts


A demo account is the “play money” simulation of a real account. It allows traders to test the platform and trading conditions. Some may also use such accounts to test-run certain strategies.


When you sign up for a demo account , the broker credits your account with a set amount of virtual funds. Some demo accounts offer the same functionality as a standard/mini/micro account. Others limit their users’ access to certain features.


Geographic considerations


Sometimes, your geographic location should play a role in your account type selection. Some jurisdictions may limit certain trade types. In the US, there is no CFD trading. The practice is against US securities laws.


Leverage varies greatly between EU regulated countries, the UK for example, and other parts of the world. In the EU forex margin is limited to 1:30 by ESMA, the european regulator.


In other parts of world, india and south africa for example, leverage can be offered up to 1:1000 (though 1:400 or 1:500 is more typical)


The taxes you have to pay on your profits also vary from one jurisdiction to another. Read our taxes page for more on that.



Welcome to forex.Com


Securely access and manage your account 24 hours a day, 7 days a week. Don't already have an account? Open one now.


Q4 tech earnings: keep ahead of volatility


Take a position as major US tech stocks report Q4 results this earnings season. Keep up with all the latest by visiting our tech stock hub.


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The FOREX.Com desktop platform is our most advanced platform designed for active currency traders.


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*based on CFD spreads and financing competitor comparison, 28/06/2019 and 25/07/2019.


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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.



CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.


FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.


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Forex trading


Harness volatility in the world's most-traded financial market with a top in class forex broker 1 on an award-winning trading platform. 2


Forex trading involves risk. Losses can exceed deposits.


Call 1 844 IG USA FX or email newaccounts.Us@ig.Com to talk about opening a trading account.


We’re here 24 hours a day, from 3am saturday to 5 pm friday (EST).


Why trade forex with IG?


Get an edge with our award-winning platform 2 designed to be with you wherever you are. Our platform is web-based platform and available in app stores for mobile devices.


Stay aware of market movements with customizable alerts on IG's platform.


Get friendly, expert support 24 hours a day, except between 5 pm friday - 3 am saturday (EST).


Identify FX opportunities on clear, fast charts and deepen your analysis with prorealtime.


Enjoy peace of mind trading forex with an award-winning forex broker. 1


Open an account quickly and easily – you could be set up and trading forex in minutes.


What is forex trading?


Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making a profit.


Forex is the world's most-traded financial market, with transactions worth trillions of dollars taking place every day.


What are the benefits?



  • Go long or short

  • 24-hour trading

  • High liquidity

  • Constant opportunities

  • Trade on leverage

  • Wide range of FX pairs


How do I trade forex?



  • Decide how you’d like to trade forex

  • Learn how the forex market works

  • Open a forex trading account

  • Build a trading plan

  • Choose your forex trading platform

  • Open, monitor and close your first position


Open an account now


Fast execution *


React to opportunity across 80+ FX pairs


Trade wherever you are


Trade on the move with our award-winning apps optimized for your device


A broker with a legacy


Our parent company, IG group has 45 years' experience, we're proud to offer a truly market-leading service


How much does forex trading cost?


Margins:


When you trade FX you do so with leverage - meaning you can win, or lose, a significant amount more than your inital deposit - called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.


Spreads:


Your key payment for forex is the the spread - the difference between the buy and the sell price - our charge for executing your trade. We work to keep our spreads among the lowest in the business.


Spot FX IG min. Spread IG av. Spread
EUR/USD 0.8 0.9
AUD/USD 1 1.2
USD/JPY 0.8 0.9
EUR/GBP 1 1.3
GBP/USD 1 1.3
EUR/JPY 1.2 1.3
USD/CHF 1.5 1.7

If you hold a position overnight you there will be a funding adjustment applied to your account. Currency conversion fees may also apply.


With our transparent pricing, you can be confident you understand the value of each trade.


Up to 20% lower spreads on EUR/USD vs top two U.S. Brokers 3


See our full product details


Discover your next opportunity


Search our huge range of forex pairs.



Prices above are subject to our website terms and conditions. Prices are indicative only.


Choose your trading platform


Seize opportunity at your desk or on the go with IG's award-winning platform for desktop and mobile 2 or trade on one third party platforms we offer.


Our intuitive web platform


Metatrader 4


Discover the IG web trading platform, a clear, smart way to trade forex that’s customizable and requires no downloads.


Build forex trading algorithms that will execute your trades automatically with metatrader 4.


Our mobile apps


Prorealtime


Never miss an opportunity, trade forex on the move with our natively designed IG forex for your device.


Deepen your trading anaylsis with prorealtime's clear, advanced, feast charts.


Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs - starting from just 0.8 pips


Get the latest forex news


EUR/USD, GBP/USD, and USD/JPY driven by dollar gains


USD/JPY on the rise as EUR/USD and GBP/USD fall back


EUR/USD, GBP/USD, and AUD/USD likely to turn lower despite brief gains


EUR/USD and USD/JPY reach resistance, while GBP/USD trends upward


You might be interested in…


Powerful forex charting


Managing your FX risks


Try an IG demo account


Zero in on price action with our clean, fast charts, deepen your analysis with autochartist packages.


Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customizable alerts.


Test your trading strategies with $10,000 in virtual funds by opening an IG demo account.


1 based on IG US's numerous awards including: investopedia's 2019 best brokers awards (determined by award winners, investopedia's team evaluated more than 70 online brokers, considering thousands of variables across trading technology, mobile capabilities, user interfaces, research tools, costs and fees.), awarded best customer service broker, best value for money, and best educational material by investment trends (determinded by overall relationships in investment trends 2019 foreign exchange report) and winner of FX week's e-FX 2019 award for best retail FX platform of the year (A submissions-bassed process awarded by FX week judges, based on demonstrating innovative ideas and implemented in a practical way for solving issues for clients.)


2 winner of FX weeks e-FX 2019 award for best retail FX platform of the year. The FX week e-FX awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients.


3 based on minimum spreads advertised on january 28, 2020 . Excludes competitors' commission-based products.


*based on IG group's OTC data from october 2019. 86 million trades places in FY19 with an avaerage execution speed of 0.014 seconds.


Forex trading


Forex trading costs


Learn to trade


Disclosures


Contact us


New clients: 312 981 0499


Existing clients: 312 981 0498


Marketing partnership: email us now


Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is not directed at residents of countries where its distribution, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


IG is a trading name of IG US LLC (a company registered in delaware under number 6570306). Business address, 200 west jackson blvd., suite 1450, chicago, IL 60606. IG is a registered RFED and IB with the commodities futures trading commission and member of the national futures association (NFA ID 0509630).


IG US accounts are not available to residents of ohio.



6 причин выбрать justforex


Спреды от 0 пунктов


Низкие плавающие спреды на всех типах счетов, спреды на raw spread от 0 пунктов.


Две версии торговой платформы metatrader


Вы можете выбрать платформу MT4 или MT5 в соответствии с вашими потребностями и предпочтениями.


Кредитное плечо до 1:3000


Возможность выбрать удобное кредитное плечо от 1:1 до 1:3000.


170+ торговых инструментов


Мы предлагаем ряд валютных пар, драгоценных металлов для трейдеров, которые хотят зарабатывать на разных рынках.


Все стратегии разрешены


Использование советников, торговля на новостях, хеджирование, скальпинг и т.Д.


Исполнение ордера от 0,01 с


Исполнение ордера при нормальных условиях на рынке происходит за доли секунды.


Я начал работать с этой компанией после того, как получил welcome-бонус в прошлом году. Условия я выполнил, деньги получил. Продолжаю работать и не планирую менять брокера.


Я – новичок в форексе, но мне очень нравится профессионализм этой команды. Поддержка работает круглосуточно и отвечает на все вопросы. Они даже помогли мне найти хорошие статьи по форексу и открыть демо счет. Раздел "аналитика" – просто обязателен, как для новичков, так и для профи. Лично я читаю его каждый день и рекомендую каждому это делать. JF, вы – лучшие!


Я торговал с разными брокерами, и justforex – самый честный, как по мне. Проблем с выводом, верификацией и торговлей нет. На все вопросы отвечают и действительно стараются решать проблемы. Хорошие ребята, обратите на них внимание.


Я торгую с JF уже почти год. И за этот год проблем вообще не было. Мне нравятся их конкурсы и промо-акции – это хорошая возможность испытать себя и подзаработать в процессе. Больше всего мне нравится счет raw spread – нет проскальзываний, быстрое исполнение и очень много пар для торговли. Просто мечта. P.S. Спасибо за вашу работу, народ, мы видим как вы стараетесь!


Эрик из поддержки – молодец! У меня были проблемы с регистрацией карты, но вы во всем разобрались за пару минут. Я вывел уже больше 1 000 USD и продолжаю торговать.



Forex trading: A beginner's guide


Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the bank for international settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.  


Key takeaways



  • The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.

  • Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.

  • Currencies trade against each other as exchange rate pairs. For example, EUR/USD.

  • Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.

  • Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.


What is the forex market?


The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. And want to buy cheese from france, either you or the company that you buy the cheese from has to pay the french for the cheese in euros (EUR). This means that the U.S. Importer would have to exchange the equivalent value of U.S. Dollars (USD) into euros. The same goes for traveling. A french tourist in egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the egyptian pound, at the current exchange rate.


One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of london, new york, tokyo, zurich, frankfurt, hong kong, singapore, paris and sydney—across almost every time zone. This means that when the trading day in the U.S. Ends, the forex market begins anew in tokyo and hong kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.


A brief history of forex


Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at bretton woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.


Commercial and investment banks conduct most of the trading in the forex markets on behalf of their clients, but there are also speculative opportunities for trading one currency against another for professional and individual investors.


Spot market and the forwards & futures markets


There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.


More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal." it is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement.


Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement.


In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.


In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the chicago mercantile exchange. In the U.S., the national futures association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement.


Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.


Note that you'll often see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous and all refer to the forex market.


Forex for hedging


Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.


To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U.S.-made blenders in europe when the exchange rate between the euro and the dollar (EUR/USD) is €1 to $1 at parity.


The blender costs $100 to manufacture, and the U.S. Firm plans to sell it for €150—which is competitive with other blenders that were made in europe. If this plan is successful, the company will make $50 in profit because the EUR/USD exchange rate is even. Unfortunately, the USD begins to rise in value versus the euro until the EUR/USD exchange rate is 0.80, which means it now costs $0.80 to buy €1.00.


The problem the company faces is that while it still costs $100 to make the blender, the company can only sell the product at the competitive price of €150, which when translated back into dollars is only $120 (€150 X 0.80 = $120). A stronger dollar resulted in a much smaller profit than expected.


The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.


Hedging of this kind can be done in the currency futures market. The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.


Forex for speculation


Factors like interest rates, trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, which creates daily volatility in the forex markets. An opportunity exists to profit from changes that may increase or reduce one currency's value compared to another. A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs.


Imagine a trader who expects interest rates to rise in the U.S. Compared to australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. Will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.


Assume that the trader is correct and interest rates rise, which decreases the AUD/USD exchange rate to 0.50. This means that it requires $0.50 USD to buy $1.00 AUD. If the investor had shorted the AUD and went long the USD, he or she would have profited from the change in value.


Currency as an asset class


There are two distinct features to currencies as an asset class:



  • You can earn the interest rate differential between two currencies.

  • You can profit from changes in the exchange rate.


An investor can profit from the difference between two interest rates in two different economies by buying the currency with the higher interest rate and shorting the currency with the lower interest rate. Prior to the 2008 financial crisis, it was very common to short the japanese yen (JPY) and buy british pounds (GBP) because the interest rate differential was very large. This strategy is sometimes referred to as a "carry trade."


Why we can trade currencies


Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.


Forex trading: A beginner’s guide


Forex trading risks


Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated.


The interbank market is made up of banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.


Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.


Most small retail traders trade with relatively small and semi-unregulated forex brokers/dealers, which can (and sometimes do) re-quote prices and even trade against their own customers. Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe.


Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. Or the U.K. (dealers in the U.S. And U.K. Have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.


Pros and challenges of trading forex


Pro: the forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity.   this makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.


Challenge: banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio but not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Extreme amounts of leverage have led to many dealers becoming insolvent unexpectedly.


Pro: the forex market is traded 24 hours a day, five days a week—starting each day in australia and ending in new york. The major centers are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york.


Challenge: trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness to grasp the fundamentals that drive currency values.


The bottom line


For traders—especially those with limited funds—day trading or swing trading in small amounts is easier in the forex market than other markets. For those with longer-term horizons and larger funds, long-term fundamentals-based trading or a carry trade can be profitable. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis may help new forex traders to become more profitable.



Forex mini account


What is a forex mini account


A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses.


Forex trading accounts are often offered in three sizes: standard; mini; and macro. The mini account allows traders to enter into contract sizes of 10,000 base currency units rather than the 100,000 units of a standard lot. Likewise, the percentage in point (pip) movement cost or reward is smaller, at $1 instead of the standard $10 per tick. Some platforms now offer even smaller, micro lot forex trading at 1,000 lot sizes and nano lots of just 100 units.


Key takeaways



  • A forex mini account allows beginners to engage in foreign exchange trading account tusing smaller trading sizes, known as mini lots.

  • Mini lots are one-tenth the size of a standard lot, meaning they represent 10,000 currency units instead of 100,000 units.

  • Trading in mini lots can afford greater forex diversification, as the same amount of capital can be spread across a greater number of currency pairs.


Understanding forex mini accounts


A forex mini account appeals primarily to beginning traders because it offers smaller contract sizes and therefore limits the amount of potential losses they take on as they gather forex trading experience. For the most part, mini account holders have access to the same markets and trading tools as do regular account holders such as charts, trading platforms, and customer support.


Standard forex accounts require order lots of 100,000 base units, mini accounts are standardized at 10,000 lot trades, meanwhile the even smaller micro accounts allow 1,000 base unit trades. What this means is that standard accounts must enter orders in multiples of 100,000, whereas mini account holders place orders in multiples of 10,000.


The smaller unit size allows traders to better control their risk and also lets more experienced traders make more diversified bets by spreading the same amount of investible funds over a wider array of currency pairs.


Image


Pip for the forex mini account


The forex market trades in currency pairs with a quoted spread amount, such as EUR/USD 1.3000. Each trade is betting that one currency will change in their relationship to the other. This change in rate is known as the percentage in point (pip) movement. In the EUR/USD 1.3000 example, the trader thinks the base currency, the euro, will rise in value against the quote currency, the U.S. Dollar. The trader is long the euro and short the USD. The rate of the quote shows to four decimal places, except for the rates of the japanese yen, which is two decimal places in length.


Forex markets measure price changes by the percentage in point pip to the fourth place, which represents the smallest possible change in price for a given currency. The changes in currency pairs are in fractions of a cent, so the average amount of money gained or lost on the trade of a single unit of currency tends to be vanishingly small, thus the 100,000, 10,000 and 1,000 quantity requirements. Forex brokers, who provide currency traders with access to a trading platform, make up for this by aggregating currency units into lots which provide traders with leverage.


The value of a pip fluctuates based on with the base currency funding of your account, and the currency pairs that you are trading. Where the account has a U.S. Dollar base funding and the USD is the quote currency, one pip will be equal to $10 for standard accounts, $1 for mini forex accounts, and $0.10 for micro accounts. For pairs where the quote currency is from another nation, the pip will vary with that rate.


Example of using a forex mini account


A standard trade lot for someone using a standard USD base funded forex account is 100,000 units and therefore requires a substantial amount of capital to make an unleveraged purchase. Using the earlier example, the trade for the EUR/USD 1.3000 the euro moved up to 1.3085 by when the contract closes, making the pip .0085 (1.3000 - 1.3085 = .0085).



  • Standard account 100,000 x .0085 = $850 earnings

  • Mini account 10,000 x .0085 = $85 earnings

  • Micro account 1,000 x .0085 = $8.50 earnings


Now, say the euro trade moved downward to 1.2995 giving a .0005 pip.



  • Standard account 100,000 x .0005 = $50 loss

  • Mini account 10,000 x .0005 = $5 loss

  • Micro account 1,000 x .0005 = $0.50 loss


Forex brokers typically offer leverage on all types of accounts to allow traders to participate in higher-risk trades with smaller capital outlays. With leverage, the broker will loan the trader enough money to take a larger position in the trade that would normally not be possible with their account funding. For example, a broker offering 100:1 leverage would allow a trader in a mini forex account to control a single 10,000-share lot with a capital outlay of only 1,000 units. This leverage magnifies both gains and losses, so using the above example, a $1,000 outlay would earn $85 at 100:1 leverage. A .0005-pip move against the trader would likewise cost $5, putting significantly more initial capital at risk.





So, let's see, what we have: open a forex trading account with FOREX.Com. At forex trading account

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