EUR/USD 1.16237
-0.346%
Gold 4474.20
-1.567%
Oil 92.052
5.700%
USD/JPY 159.638
0.240%
GBP/USD 1.34472
-0.147%
GBP/JPY 214.673
0.092%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian Foreign Ministry: The Iranian Foreign Minister and the French Foreign Minister spoke by phone to discuss and consult on the latest regional developments.June 1st - Three sources say OPEC+ oil-producing countries are likely to agree to further increase crude oil production quotas in July at their meeting on Sunday. However, the war with Iran has so far prevented some countries from meeting their previous production increase targets. A further increase in production quotas would indicate that the organization is gradually returning to normal operations, despite disruptions caused by the blockade of the Strait of Hormuz and the unexpected withdrawal of the UAE in May. According to the sources, OPEC+ is expected to increase production by approximately 188,000 barrels per day in July, the same increase agreed upon in June, which was previously revised down from 206,000 barrels per day due to the UAEs withdrawal.According to Hong Kong Stock Exchange documents, PT Merdeka Gold Resources Tbk-S has passed the listing hearing on the Hong Kong Stock Exchange.Three sources said OPEC+ is expected to decide at its meeting on Sunday to increase its crude oil production quota by 188,000 barrels per day in July.On June 1st, Zhipu (02513.HK) announced on the Hong Kong Stock Exchange that at its board meeting held on June 1st, 2026, the company proposed to apply to the relevant Chinese regulatory authorities for the allotment and issuance of A-shares, and to apply to the Shanghai Stock Exchange for the listing and trading of such A-shares on the Science and Technology Innovation Board (STAR Market). The proposed A-share issuance will represent between 2% and 8% of the companys total share capital after the proposed A-share issuance (excluding any A-shares to be issued due to the exercise of the over-allotment option), i.e., not less than 9,098,800 shares and not more than 38,769,000 new A-shares. The board meeting also passed other supplementary resolutions regarding the proposed A-share issuance, which will be submitted to shareholders for approval at the annual general meeting.

Currency Trading Forex

Drake Hampton

Mar 24, 2022 14:28

Forex currency trading may be the correct choice for you if you're seeking for a very liquid trading environment that allows you to speculate on a practically 24/6 currency market. Forex trading should be confined to risk money, and while the off-exchange foreign currency market has certain unique hazards, it can present a chance for educated traders to benefit from a very busy worldwide market.


截屏2022-03-24 上午10.54.45.png

The Basics of Forex Currency Trading

It is a worldwide market for currency exchange between governments, as well as for individual investors or dealers. As the name indicates, the retail off-exchange forex market does not take place on an exchange, which means that there is no physical site where all currencies are traded.

 

A critical and fundamental point to grasp about forex is that it is traded in pairs. This implies that you are simultaneously purchasing and selling a currency. For instance, you initiate a trade in the European euro versus the US dollar, or EUR/USD. This indicates that you expect the euro will appreciate in value relative to the dollar. On the other hand, if the euro depreciates against the dollar, you risk losing your whole investment, or even more. If the euro increases in value and you wish to benefit, you would "unwind" your position by selling the euro and purchasing the dollar. That is a fairly simplified example, but it should illustrate how forex works in general.

Considerations

Consider the following before engaging in forex trading:

 

Leverage: Using a little quantity of money to control a huge investment. This enables high potential returns, but caution should be exercised because it can also result in significant losses.

 

Market that operates nearly 24 hours a day, six days a week: Respond quickly to market circumstances and economic events by trading almost 24 hours a day, six days a week — from Sunday to Friday.

 

Liquidity: Forex is an extremely busy market with an enormous volume of trading, particularly in the largest currencies. Trading some of the more esoteric pairings may raise worries about liquidity.

 

Forex currency pairs are exchanged in 10,000-unit increments with no fee. However, the bid/ask spread reflects the cost of the trade.

Establishing an account

To begin forex trading with Top1 Markets, you must first establish a basic account. Individual or joint accounts are available for the Standard account. Additionally, you must request for and receive approval for margin rights on your account.

Suggestion