EURUSD 1.1142 -0.13%
#BK 45.77 0.90%
#KHC 27.78 0.61%
#UTX 138.15 1.00%
GBPUSD 1.2978 0.58%
#C 71.53 2.47%
#KO 54.02 -1.46%
#VZ 60.77 -0.48%
USDJPY 108.57 0.14%
#CAT 132.08 0.99%
#MCD 209.15 0.28%
#WMT 119.37 0.18%
USDCHF 0.9874 0.25%
#CL 53.20 -0.66%
#MDLZ 54.10 -0.74%
#XOM 68.40 1.13%
USDCAD 1.3102 -0.23%
#CSCO 47.19 0.97%
#MMM 165.21 1.25%
AUDCAD 0.8988 -0.01%
EURJPY 120.93 0.02%
#DIS 130.93 -0.03%
#MO 45.23 1.99%
AUDCHF 0.6776 0.47%
EURCHF 1.1002 0.15%
#DWDP 65.62 0.14%
#MRK 84.35 -0.43%
AUDJPY 74.44 0.35%
GBPJPY 140.88 0.72%
#EBAY 39.13 0.79%
#MSFT 137.82 0.28%
AUDUSD 0.6864 0.22%
GBPCHF 1.2815 0.85%
#F 9.10 -1.98%
#NG 2.230 -3.54%
CADCHF 0.7533 0.48%
GOLD 1483.73 -0.50%
#GE 8.84 -1.24%
#NOK 5.19 0.00%
CADJPY 82.83 0.35%
#AA 21.07 -2.14%
#GOOG 1247.45 0.07%
#ORAN 16.48 -0.73%
CHFJPY 109.86 -0.12%
#AAPL 240.60 1.68%
#HD 237.55 -0.21%
#PFE 36.42 -0.11%
CRSIDX 10813.6 0.00%
#ADBE 265.22 -0.17%
#HON 167.98 1.35%
#PG 118.80 1.09%
EURAUD 1.6237 -0.35%
#AIG 54.71 1.33%
#HPQ 17.14 1.75%
#QQQ 193.13 0.70%
EURGBP 0.8583 -0.71%
#AMD 32.08 3.49%
#IBM 132.33 -1.38%
#S 6.38 0.00%
NZDCAD 0.8368 -0.13%
#AMZN 1779.34 1.19%
#INTC 51.85 0.89%
#SNE 59.37 0.27%
NZDCHF 0.6306 0.35%
#AXP 118.86 1.75%
#IP 42.58 0.73%
#SPY 299.72 0.51%
NZDJPY 69.33 0.25%
#BA 331.56 -3.81%
#JNJ 127.83 0.04%
#T 38.41 -0.05%
SILVER 17.54 0.06%
#BAC 31.04 2.19%
#JPM 123.33 2.18%
#UL 59.36 -1.16%
About FOREX

FOREX is an international foreign exchange market. Its abbreviation derives from the word combination denoting currency transactions – Foreign Exchange. As one of the youngest market financial markets – Forex in its present identity has been around only since the 1970s – this foreign exchange market is nonetheless the largest in volume and the most dynamic. The daily trade on FOREX consists of 4 trillion USD, 30 times greater than the combined volume of all the other capital markets in the US.

As with any other market FOREX conducts business with a base asset. In case of the foreign exchange market this asset is the national currency of different countries. The fundamental cause of exchange rates fluctuations is the demand of government institutions and commercial companies around the world for converting profits earned from the sale of goods and services abroad into their national currency. This sector constitutes approximately 5% of the general trading of the foreign currency market. The other 95% comes from the speculation capital of foreign exchange traders trying to derive a profit from currency fluctuations.

There are various types of brokers on forex market, such as CFD brokers (Contract for Difference), ECN brokers (which provide forex traders with the direct access to other forex market participants), MT brokers (that support MetaTrader 4 software), institutional forex brokers (with the reputation backed up by well-established and reputable off-line companies: banks and financial organizations) and others.

One of the main advantages of the foreign exchange is stability. The principal threat to any financial market is unexpected market failure and market index collapse. However, unlike capital markets, FOREX does not fail. If prices for shares suddenly drop, it’s a catastrophe. If the dollar collapses, it just means that another currency has grown stronger. For instance, the yen once within the period of a few months rose 25% against the dollar in 1998. On certain days the dollar fell ten percent and more. However, the downturn for the dollar could not become a reason for a foreign exchange market crash, and trade continued in its usual fashion. This is precisely why there is market and business stability for foreign exchange transactions. Foreign currency remains the most liquid and reliable trading instrument.

Of greatest interest for speculators are the so-called standard (the most liquid) currencies. Today more than 85% of all transactions are use standard currencies like the United States dollar – USD, Japanese yen – JPG, Euro – EUR, British pound – GBP, Swiss franc – CHF, Canadian – CAD and Australian dollars – AUD.

As important stage in becoming acquainted with foreign exchange trading is understanding the system of currency exchange markings. This is a relatively simple task taking into account that all standard currency pairs are indicated the same way – on opposite sides of the slash mark “/” there are two symbols, the relationship of values of which is the exchange rate of the currencies: EUR/USD (the exchange rate of Euro against US dollar), GBP/USD (exchange rate of the British pound against the US dollar), USD/JPY (exchange rate of the US dollar against the Japanese yen) etc. The slash mark “/” is often omitted and currency pairs are spelled in the following manner: EURUSD, GBPUSD, USDJPY.

The gist of FOREX operations is completely transparent– earning a profit from currency transactions based on market fluctuations in the relationship between one currency against the other: the entire foreign exchange market consists of the total of currency pairs each of which reflects the value of one national currency in relation to the other. For example, if we say that one euro is worth 1 dollar and 34 cents, that means the exchange rate of EUR/USD equals 1 : 1.3400.

We invite you to learn more about how to make a profit on the FOREX market using actual examples.

FOREX quotes
EURUSD 1.1142 -0.13%
GBPUSD 1.2978 0.58%
USDJPY 108.57 0.14%
USDCHF 0.9874 0.25%
USDCAD 1.3102 -0.23%
EURJPY 120.93 0.02%
EURCHF 1.1002 0.15%
GBPJPY 140.88 0.72%
GBPCHF 1.2815 0.85%
GOLD 1483.73 -0.50%
#AA 21.07 -2.14%
#AAPL 240.60 1.68%
#ADBE 265.22 -0.17%
#AIG 54.71 1.33%
#AMD 32.08 3.49%
#AMZN 1779.34 1.19%
#AXP 118.86 1.75%
#BA 331.56 -3.81%
#BAC 31.04 2.19%
#BK 45.77 0.90%
#C 71.53 2.47%
#CAT 132.08 0.99%
#CL 53.20 -0.66%
#CSCO 47.19 0.97%
#DIS 130.93 -0.03%
#DWDP 65.62 0.14%
#EBAY 39.13 0.79%
#F 9.10 -1.98%
#GE 8.84 -1.24%
#GOOG 1247.45 0.07%
#HD 237.55 -0.21%
#HON 167.98 1.35%
#HPQ 17.14 1.75%
#IBM 132.33 -1.38%
#INTC 51.85 0.89%
#IP 42.58 0.73%
#JNJ 127.83 0.04%
#JPM 123.33 2.18%
#KHC 27.78 0.61%
#KO 54.02 -1.46%
#MCD 209.15 0.28%
#MDLZ 54.10 -0.74%
#MMM 165.21 1.25%
#MO 45.23 1.99%
#MRK 84.35 -0.43%
#MSFT 137.82 0.28%
#NG 2.230 -3.54%
#NOK 5.19 0.00%
#ORAN 16.48 -0.73%
#PFE 36.42 -0.11%
#PG 118.80 1.09%
#QQQ 193.13 0.70%
#S 6.38 0.00%
#SNE 59.37 0.27%
#SPY 299.72 0.51%
#T 38.41 -0.05%
#UL 59.36 -1.16%
#UTX 138.15 1.00%
#VZ 60.77 -0.48%
#WMT 119.37 0.18%
#XOM 68.40 1.13%
AUDCAD 0.8988 -0.01%
AUDCHF 0.6776 0.47%
AUDJPY 74.44 0.35%
AUDUSD 0.6864 0.22%
CADCHF 0.7533 0.48%
CADJPY 82.83 0.35%
CHFJPY 109.86 -0.12%
CRSIDX 10813.6 0.00%
EURAUD 1.6237 -0.35%
EURGBP 0.8583 -0.71%
NZDCAD 0.8368 -0.13%
NZDCHF 0.6306 0.35%
NZDJPY 69.33 0.25%
SILVER 17.54 0.06%
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