EUR/USD 1.15853
-0.568%
Gold 4458.14
-3.118%
Oil 82.713
-0.301%
USD/JPY 160.075
0.430%
GBP/USD 1.35378
-0.402%
GBP/JPY 216.693
0.027%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 30th, it was reported that on August 29th local time, the Israeli State Security Directorate (Shin Bet) confirmed that Prime Minister Benjamin Netanyahus eldest son, Yair, had faced a "significant" security threat while in the United States. Therefore, Shin Bet decided to urgently evacuate him and his security team back to Israel. Netanyahu has two sons. In an interview on August 24th, he claimed that Iran had "attempted to assassinate one of his sons." However, he did not reveal which son it was, nor did he specify the time of the incident. Subsequent reports indicated that Netanyahus eldest son, Yair, became an Iranian "assassination target" while living in Florida, USA.Market news: Iraqi Kurdistan is exporting approximately 150,000 barrels per day of oil to the Turkish port of Ceyhan.On August 30th, US President Trump posted: "At the invitation of the PGA Tour and its outstanding new Commissioner Brian Lolap, I am honored to accept the position of Honorary Chairman for the upcoming Presidents Cup, which will be held at the Medina Country Club in Chicago. It will be an exceptionally exciting tournament. Both teams are full of talent. I look forward to being there in person and meeting all these outstanding players from both teams!"On August 30, according to the Lebanese National News Agency (NNA), Israeli forces bombed a nursing home in the southern Lebanese town of Houla. NNA also reported that an Israeli drone fired a guided missile at an open area between Jalmac and Qafal Leman. This comes after Israeli artillery shelled the suburbs of Zautar Gharbiyeh, and reports of a large explosion between the towns of Markaba and Rab Salahin.On August 30th, according to a source within the Turkish Foreign Ministry, the Turkish Foreign Ministry summoned the Ukrainian ambassador to Turkey on the 29th to lodge a protest regarding the attack on Turkish vessels near the port of Tuapse in the Black Sea earlier this week. The source said Turkey expressed its reaction to the attacks and warned of the necessity of ensuring the safety of people, property, navigation, and the environment in the Black Sea. Recently, there have been several attacks on Turkish merchant ships in the Black Sea. On August 26th, a ship operated by a Turkish company was attacked near the port of Tuapse in the Black Sea. The following day, Turkey dispatched another ship to tow the same vessel, which also became a target. On August 22nd, two Turkish merchant ships were attacked in the Black Sea, resulting in the death of one crew member and injuries to eight others.

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