Forex is one of the largest financial markets across the globe：
-aily turnover of the forex market often exceeds four thousand billion of
US Dollars
Some financial markets, such as the foreign exchange market, are often trending up or down and provide
traders with a lot of trading opportunities.
-Extremely low cost of carry- in most situations, Spread cost is probably
the only cost of carry.
Market Insight
Forex exchange trading occurs everywhere in every day’s life. Daily
turnover of the forex market often exceeds four thousand billion of US Dollars. Most of the trades mainly
fall into two categories.
- International Trade approximately 5%
- Speculation trade for profit taking approximately 95%
The majority of trading generally takes place on Sunday at 10 PM to
Friday at 10 PM. As one major forex market closes, another one opens. According to GMT, for instance at
10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the
loop, London opens at 8:00 am and closes at 05:00 pm GMT. This enables traders and brokers worldwide,
together with the participation of the central banks from all continents, to trade online 24 hours a day.
Currency Pair
Currency pair are considered as Majors, Minor and exotic pairs
– refers to extremely high liquilidity and largest share of the foreign
exchange market. For instance, Euro vs Dollar (EUR/USD)
- refers to Pairs which are traded less frequently are known as minor
currency pairs. Traders also see them referred to as cross-currency pairs or simply crosses, particularly
if the US dollar isn't involved. For instance, Australian dollar vs New Zealand dollar (AUD/NZD) or Pound
vs Japanese Yen (GBPJPY)
-refers to one major currency against another from a small or emerging
economy. The most popular exotic pairs tend to contain Euro vs Norwegian krona (EUR/NOK) or Dollar vs
Mexican peso (USD/MXN)
Major Pairs in the forex market makes up overs 85% on averaged daily
trading volume.
The risk of loss in leveraged (Forex/CFD Contract) trading can be substantial, may not be suitable to all type of investors. Investors may sustain losses in excess of Investors’ initial margin funds. Please read the entire risk disclosure statement to ensure you are fully understood the potential risk. In addition, we strongly recommend investors to seek advice from independent financial adviser for the risk disclosure statement and investment objectives. Risk disclosure statement
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