Following last year’s acquisition of City Index, GAIN Capital has consolidated its retail brand, Retail forex account. If you are a former client of Gain Capital Forex. Client Management on 1800 354 182 to request that the funds be returned to you.
Please note that foreign exchange and CFD trading involves significant risk of loss. Strength and Security Trade with a market leader who has strong financial resources and over 15 years’ experience serving 200,000 clients globally. Exclusive research Benefit from the experience and insights of our global research team with real-time market analysis and actionable trade ideas. All customer funds, including your unrealised profits, are fully segregated from our own assets and held with top-tier global banks. We never use client funds for hedging.
Our services include products that are traded on margin and carry a risk that you can lose more than your initial deposit. The products may not be suitable for everyone – please ensure you fully understand the risks involved. The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. Part 1: What Is Forex Trading ?
This free Forex mini-course is designed to teach you the basics of the Forex market and Forex trading in a non-boring way. I will try to make this tutorial as fun as possible so that you can learn about Forex trading and have a good time doing it. Upon completion of this course you will have a solid understanding of the Forex market and Forex trading, and you will then be ready to progress to learning real-world Forex trading strategies. The Fx market is open 24 hours a day, 5 days a week with the most important world trading centers being located in London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney.
Forex is a product quoted by all the major banks, and not all banks will have the exact same price. In 1876, something called the gold exchange standard was implemented. It was a good idea in theory, but in reality it created boom-bust patterns which ultimately led to the demise of the gold standard. The gold standard was dropped around the beginning of World War 2 as major European countries did not have enough gold to support all the currency they were printing to pay for large military projects.
Although the gold standard was ultimately dropped, the precious metal never lost its spot as the ultimate form of monetary value. The world then decided to have fixed exchange rates that resulted in the U. It was this break down of the Bretton Woods System that ultimately led to the mostly global acceptance of floating foreign exchange rates in 1976. Now let’s move on to some more entertaining topics! Why is the Forex market so popular? Being a Forex trader offers the most amazing potential lifestyle of any profession in the world.
It’s not easy to get there, but if you are determined and disciplined, you can make it happen. As traders, we can take advantage of the high leverage and volatility of the Forex market by learning and mastering and effective Forex trading strategy, building an effective trading plan around that strategy, and following it with ice-cold discipline. Companies need to use the foreign exchange market to pay for goods and services from foreign countries and also to sell goods or services in foreign countries. An important part of the daily Forex market activity comes from companies looking to exchange currency in order to transact in other countries. A country’s central bank can play an important role in the foreign exchange markets. They can use their substantial foreign exchange reserves to try and stabilize the market. If you have ever traveled to a different country and exchanged your money into a different currency at the airport or bank, you have already participated in the foreign currency exchange market.