Forex

WHAT IS FOREX?

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

WHY TRADE FOREX?

The foreign currency exchange offers an abundance of potential opportunities for veteran traders as well as those new to the markets. If you are searching for a target-rich environment for active trading, look no further than the forex.

 

FOREX NEVER SLEEPS

With no set exchange hours, you can trade currencies 24 hours a day, 5 days a week.

TRADE ON MARGIN

You can trade forex with leverage up to 400:1

UNMATCHED LIQUIDITY

Deep liquidity makes it easier to get in and out of trades at any time, even in large sizes.

FOREX CURRENCY PAIRS

The majors and the commodity pairs are the most liquid and most widely traded currency pairs in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all trading on the forex. Due to the fact they attract the largest volume of buyers and sellers, spreads are typically the tightest.

Majors: EUR/USD, USD/JPY, GBP/USD, USD/CHF
Commodity Pairs: AUD/USD, USD/CAD, NZD/USD

However, there are other currency pairs that allow you to take advantage of macroeconomic events in specific international markets, such as the USD/MXN (US Dollar/Mexican Peso).

HOW TO CALCULATE YOUR FOREX PROFIT?

As it pertains to any business ― active trading or otherwise ― profit is the difference between gains and losses minus operating expenses. The beauty of forex trading is that quantifying profit is straightforward because expenses are limited, and gains and losses are easily accounted for.

The best way to manage profit is through regularly referencing your trading platform. Software suites such as Trading Station, AutoTrader calculate gains and losses on a pip-by-pip basis. As the market moves, your account balance is updated automatically via the functionality of your platform. Factoring in expenses is also a routine task given M&D Capital FX low spreads and Active Trader’s pricing structures.

At the end of the day, making money is the goal of any trader. With M&D Capital FX, you will always know your P&L, freeing up time for active trading.

If you are an active forex trader, then producing positive returns is your job. Fortunately, figuring P&L doesn’t have to be an exhaustive task. All you need is your account currency, pair, trade size and opening/closing prices—the Profit Calculator does the rest.

When it comes to risk management in forex trading, it’s all about pip value. Knowing how much your trade’s pips are worth is key to not overextending your account. The Pip Calculator can help you do just that, automatically. In addition, it is always a good idea to know where your account stands in relation to utilised margin and brokerage requirements. While doing math longhand is a challenge, the Margin Calculator makes short work of even the most intricate positions.

One of the greatest advantages to trading forex in the modern era is access to technology that aids in the application of indicators such as Pivot Points. Pivot points are a go-to technical tool for traders interested in building unique support and resistance levels to use for market entry or exit. Whether you practice a Classic, Woodie’s, Demark’s, or Camarilla methodology, the Pivot Point Calculator can quickly generate a set of practical values.

HOW MUCH MONEY DO YOU NEED TO GET STARTED?

One of the largest advantages to trading forex is the minimal amount of capital necessary to get started. Retail traders with limited resources are afforded access to the same markets as institutional participants. In fact, M&D Capital FX offers interested individuals the ability to begin trading with as little as $250.

Conventional financial wisdom suggests that it takes a lot of money to participate in the markets. That is the beauty of the forex ― you don’t need to be a millionaire to trade. Utilize the potential of your risk capital.

Of course, as you gain experience in the markets, your goals and resources will often change. In order to cater to the needs of the evolving trader, M&D Capital FX offers a variety of account types. Rest assured that no matter your resources and trade-related objectives M&D Capital FX can furnish an alternative designed to enhance your trading experience in the forex market.

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