The simple sense of Forex (Forex currency exchange, Foreign Exchange) is simultaneous purchase and sale of the currency or the exchange of one country’s currency for the one of another country. The world currencies do not have a fixed exchange rate and are always fluctuating, since each are traded in the currency pairs like Euro/Dollar, Dollar/Yen and others. 85% of daily trades are taken by major currencies trading. Over the last three decades the foreign exchange market has become the world’s largest financial market; it trades over $4.00 trillion USD daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Forex is part of the bank to bank currency market known as the 24-hour interbank market.
Forex trading is attractive because it offers unparalleled freedoms. A Forex trader can live almost anywhere as long as he/she is within reach of the internet. A Forex trader can work from home or office, and in some cases, even trade while traveling! A Forex trader can usually choose his/her own hours to work since the global foreign exchange market is open 24 hours a day. A Forex trader avoids many common headaches associated with running a business because there is NO inventory, NO shipping, NO billing, NO collections, NO employees, NO commuting and NO dress code. And finally, since Forex traders can potentially earn a very high income, they enjoy the possibility of never, ever working for someone else again!
A pip is a term used in the currency market to represent the smallest incremental move an exchange rate can make. Depending on context normally one basis point is 0.0001, as is the case of EUR/USD, GBP/USD, and USD/CHF. In example if the EUR/USD moves from 1.2561 to 1.2562 it is one pip.
More than 28 pairs .
Over 85% and Risk Reward more than 1:3
$5 000 (due to high demand from small accounts, initial starting deposit was decreased from $10 000) and 1:200 leverage. To a quality copy we recommend 1:100 leverage or higher and atleast $5 00 on your trading account.
Yes. you will need a VPS
No, all of trades are human decision only.
All USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD pairs
It depends of many factors such as market volatility, news, trading ideas etc. Usualy we try to make 40-100 trades per month, but this number can be slightly increased.
Service available for MT4 platforms only.
No, this service is more likely for investors. Key advantage, that you do not need to send your account credentials.
It’s very easy – just cancel you subscription via Paypal.
You will need to do a withdraw every two weeks or when we double the account . you will have 60% of the profit and 40% will be mine . when you receive the money you will send it to me via Paypal or Wire Transfer