Forex

Introduction to Forex

Forex is considered to be the most active and liquid financial product in the world. When the market operates five days a week, there is no limit to the trading hours of foreign exchange, and the exchange rate between major currencies is constantly updated. Such high liquidity and frequent price fluctuations make foreign exchange investment attractive to a large number of experienced investors.

High circulation

With over $4 trillion in daily volume in the Forex market and millions of investors involved, there is always an opportunity to enter and exit the market at a fairly transparent price.

Predictable market

Trends in the foreign exchange market are repetitive and have rules to follow. This allows market participants to increase the anticipation of prices by effectively utilizing auxiliary analytical tools.

24 hours T+0 transaction

The foreign exchange market is a 24-hour continuous open global market, from the opening of Wellington, New Zealand on Monday to the close of the US market on Friday.

Two-way transaction

Because the foreign exchange market is constantly changing, there is always an opportunity to trade, to choose whether one currency will depreciate or appreciate relative to another.

Currency pair

 ClonTrader’s trading platform  provide the most popular currency pairs for trading. The first currency in a currency pair is called the “base currency” and the second currency is called the “counter currency”. When you buy or sell a currency pair, you are acting against the base currency.

  • ClonTrader offers 39 currency pairs with the highest liquidity

  • “Major Currency Pairs” and “Commodity Currency Pairs” are the most liquid and most widely traded currency pairs in the foreign exchange market.

  • By default, the quote window displays the most frequently traded currency pairs.

tyr it now

Foreign exchange spread

Transaction costs are the bid-ask spread between the bid and ask prices, which are displayed on your trading screen. For example, if the EUR/USD sell price is 1.08883 and the bid price is 1.08895, the difference (1.2) is the bid-ask spread. At ClonTrader, traders can benefit from our extensive network of foreign exchange liquidity providers, which enables ClonTrader to offer exceptionally low bid-ask spreads on major currency pairs to help reduce your transaction costs.

What is Margin? Margin can be regarded as the actual deposit required to maintain an open position. This is not a fee or transaction cost, it is simply the disbursement and allocation of a portion of your account equity as a margin deposit. You can track your occupancy and free margin in the “Account” window of the trading platform.

1% foreign exchange margin requirements and CFD margin requirements
0.5% foreign exchange margin requirement and CFD margin requirement
0.25% foreign exchange margin requirement and CFD margin requirement

tyr it now

Choose a professional broker to trade foreign exchange

ClonTrader provides highly competitive quotations and takes you to explore profit opportunities in the foreign exchange market. With offices in 15 countries and working with global brokers, clients can benefit from deep liquidity, fast order execution efficiency and professional customer service. Trade 40 Forex pairs with ClonTrader and become one of millions of Forex traders worldwide.