Forex is short for foreign exchange. The forex market is a place where currencies are traded. It is the largest and most liquid financial market in the world with an average daily turnover of 6.6 trillion U.S. dollars as of 2019. The basis of the forex market is the fluctuations of exchange rates. Now you know how to work correctly in the Forex market and are ready to choose a strategy. IQ Option website offers Philippine users more convenient trading by providing a wide range of settings. Each chart can be customized, add and remove signals and indicators, make marks, etc. Robotization. The site also offers the option of automated trading. AN EXAMPLE OF SOME OF THE LOWEST FOREX SPREADS ON IQ OPTION’S TRADING PLATFORM. IQ Option’s forex spreads start from about 0.015%. These are floating spreads that change according to market liquidity, news releases, and other factors. Forex Market Hours. The forex market is basically open 24 hours a day, 5 days a week. The foreign exchange market, called also forex or the FX, is the largest financial market in the world. It is the most liquid one as well. High volatility creates more opportunities for trading. Today I am going to explain how to trade forex on the IQ Option platform. The base for the FX is purchasing […] Forex: IQ Option offer forex trading on a small number of currencies. Spreads are on the high side and the brand do not excel in this area: Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry. GBPUSD Spread; 5 pips: 1.0 Var: EURUSD Spread; 14 pips: 0.7 Var Comparing this market to the stock market is one way to grasp the sheer scale of it; the average traded value of the global stock market is around $ 2,000 billion per day, while Forex trading surpasses $ 4.9 trillion daily. Unlike some other markets, this is no central market for Forex trading. With IQ Option since the broker offers CFDs which allow traders to open and close their market positions at any time, it is a suitable broker for day trading. In addition, the broker is well regulated and this helps to ensure that your money will be handled professionally and ethically. Comparing this market to the stock market is one way to grasp the sheer scale of it; the average traded value of the global stock market is around $ 2,000 billion per day, while Forex trading surpasses $ 4.9 trillion daily. Unlike some other markets, this is no central market for Forex trading. Essentially, Forex is a liquid market of currency pairs that react to global news, events and economic policies. This world-renowned trading tool is now fully accessible on the IQ OPTION, traditionally undergoing several improvements. Trading Forex on the IQ OPTION platform, a trader has several advantages:. Never lose more than what you’ve invested in one position (Protected CFD) It appeared a long time ago - in the ‘70s, when fixed currencies were replaced by floating currencies. Forex market resembles the Internet, which has no owner. On the one hand, it is virtual. On the other hand, the market is open day and night - from 01:00 Monday to midnight on Saturday.
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