Currency Trading (Forex)

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 5 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 Top Pro FX:
• Excellent profit opportunities
• High leverage option
• No intervention from agents (execution of orders through STP)
• Possibility of protecting earnings and losses
• Low spreads, for example 1 Pip EUR/USD
• No costs or commission

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.

Currency 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.

Example of Currency Trading
When trading with a batch (100,000 units of currency, for example USD) the value of the Pip (smallest possible change in the value of a currency) is 10 USD. You believe that the Euro will increase against the USD, you buy the Euro for 1.1605 and sell it for 1.1625.Your profit: 20 Pips (difference between 1.1625 and 1.1605). 20 * 10 USD = 200 USD. Which is a profit of 40% on an investment of 500 USD.The usual changes are normally about 100 Pips per day.

Bear in mind that in currency trading the possible losses are the same amount.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. Too Pro Market Ltd. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Too Pro Market Ltd. has taken reasonable measures to ensure the accuracy of the information on the website, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.

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