Forex
The foreign exchange market is the largest and most liquid financial market in the world, with an average daily trading volume of US$4 trillion.
No institution can manipulate the exchange rate between countries. The data affecting the exchange rate are published by the authoritative authorities of the state. The transaction is fair and transparent. It supports 24-hour, T+0 and two-way transactions. There are profit opportunities for buy-up and buy-down.
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Two-way trading, both buy-up and buy-down can be profitable
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Hedgable risk, no limit on rise and drop
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Margin trading, low entry-level, high profit
Popular Forex
- Products
- Sell
- Buy
- Quote change %
Factors affecting forex trading
- The factors affecting the exchange rate are numerous and complex. To sum up:
- 1. Long-term influencing factors: balance of payments, inflation, interest rate levels, exchange rate policies, etc. One country's international balance of payments plays a long-term decisive role in exchange rate changes, and the balance of payments will directly affect the supply and demand of the foreign exchange market;
- 2. Short-term influencing factors: speculative activities and major economic, political events or Economic data release. When major economic, political events or economic data occur before, during and after the market, the market will anticipate the trend of the event, which in turn will affect the exchange rate.
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Central Bank Monetary Policy
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National Economic Situation
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Geopolitical Situation
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Natural Disaster
Transaction Instance
Forex is a two-way transaction, you can either do more (buy up) or short (buy down).
Simply put, if you think the exchange rate will climb, buy it; if you think it will fall, sell it.
If you judge correctly, you will earn the middle spread.
Calculated as follows:
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Total profit and loss = (sell price – purchase price) x contract unit x lot size ± overnight interest
*Note: The closing of the position on the day of opening the position does not require the payment of overnight interest; the actual overnight interest is subject to the platform display.
Trading example:
You sell 1 lot of GBP/USD through the HXFX Trade platform, the contract unit is 100,000 per lot, the selling price is 1.2200, and the position is closed at the bid price of 1.2150 on the same day.
Total profit = (sell price – purchase price) x contract unit x lot size ± overnight interest
=(1.2200-1.2150)x 100000x 1± 0=500 USD
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EUR/USD
The world's leading share trading hot products,
the share price has risen since the company's
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Open today
1.12838
Yesterday
1.12838
Forex Contract Specifications
/ HXFX Global's forex trading can be used for long and short term trading of currency pairs in the form of margin
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*Median spreads are displayed for the standard account, and the position level corresponds to the position requirement of micro account, standard account, and senior account. For account level details, please click on theaccount type details, please click on the account type to view
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