forex trading

Forex CFD trading allows you to trade the price movements of currency pairs using Contracts for Difference (CFDs). Instead of buying or selling actual currencies, you enter into a contract that reflects how the exchange rate between two currencies changes over time.

In traditional forex trading, also known as currency trading, you exchange and own real currencies. With Forex CFDs, you do not own the currencies; you trade contracts that track their price movements, which can offer more flexibility but also involve higher risk.

Yes. Forex CFDs allow you to open positions based on whether you expect a currency pair to rise or fall in value. This means you can potentially trade both upward and downward market movements.

No. Forex CFD trading does not involve owning or holding any currencies. All trades are based on contracts that reflect currency price movements, not physical currency exchange.

Forex prices reflect the relative value between two currencies and are influenced by supply and demand in global Foreign Exchange markets. Prices move in response to economic factors, such as interest rate decisions, inflation data, and central bank announcements, as well as overall market sentiment.

The forex market operates across global trading sessions, meaning forex trading is available 24 hours a day, five days a week. Activity shifts between regions as major markets open and close, which can affect liquidity and volatility during different trading hours.

Forex CFD trading typically involves costs such as spreads and, in some cases, overnight financing fees. The exact pricing structure and any additional charges can be confirmed on our pricing pages.

Once you open a forex CFD position, it becomes active and its value changes in line with market price movements. The position remains open until you close it or it is closed automatically due to margin requirements.
If the position is held open overnight, overnight financing fees may apply. If market movements cause losses that reduce available margin below required levels, a margin call may occur and the position may be automatically closed to limit further losses.