Definition Of Forex Trading • OpoForex

Forex Trading

Free the trader in you and access a unique forex trading experience with Opoforex.

Why Trade Forex With Opoforex

Cutting-edge technologies, various types of currency pairs, daily exchange rates: find out everything with Opoforex.
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Greater liquidity.

The forex market represents a trading volume of $4 trillion per day. It makes it less complicated for you to get in and out of the trades whenever you want.

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Excellent flexibility

The flexibility it provides by giving various options for every budget is great, and also, you can trade in hundreds of currency pairs in it.

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Low transaction costs

With Opoforex, you can invest without commission or fee, trade from your PC, smartphone, or tablet, and access markets whenever you want.

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24-hour market

You can continue trading five days a week and 24 hours a day as the forex market is always on the go and never even takes a minute to rest.

How is Forex Trading Done?

Forex exchange trading, or FX trading, is about buying and selling currencies from around the world. One of the most classic financial sectors is conquering the technological world of online trading.
In Forex trading, you buy one currency and use another. All Forex operations concern a currency or currency pairs since it operates on the exchange of the value of one currency against the other. For example, in the USD / EUR pair, you buy USD using EUR. When you sell the pair, you are buying EUR using USD. A classic financial sector supported by advanced technologies – the ideal situation for any trader.
Your Favorite Instruments At One Place
Spot Metals
Spot Metals
Spot Metals against the major currencies and stand in good stead
Spot Energies
Spot Energies
The world run on oil! Make profit based on price fluctuations on the market
Cryptocurrencies
Cryptocurrencies
Trade a range of Cryptocurrencies against the USD on the MT4 trading platform
CFD Shares
CFD Shares
Make the most form the price fluctuations both up and down
CFD Indices
CFD Indices
Trade both the rolling cash and future index contact with tied speard

Spreads in Forex

Get an overview of ultra-tight spreads in the Forex market.
SYMBOL FULL NAME CONTRACT SIZE TICK SIZE SWAP LONG (POINTS) SWAP SHORT (POINTS)
AUDJPY
Australian Dollar vs Japanese Yen
100000
0.001
-3
-4
AUDUSD
Australian Dollar vs US Dollar
100000
0.00001
-5
-4
EURAUD
Euro vs Australian Dollar
100000
0.00001
-7
-3
EURCAD
Euro vs Canadian Dollar
100000
0.00001
-7
-2
EURCHF
Euro vs Swiss Franc
100000
0.00001
-3
-5
EURGBP
Euro vs Great Britain Pound
100000
0.00001
-6
-3
EURUSD
Euro vs US Dollar
100000
0.00001
-6
-2
GBPCHF
Great Britain Pound vs Swiss Franc
100000
0.00001
-3
-9
GBPJPY
Great Britain Pound vs Japanese Yen
100000
0.001
-5
-7
GBPUSD
Great Britain Pound vs US Dollar
100000
0.00001
-6
-5
NZDUSD
New Zealand Dollar vs US Dollar
100000
0.00001
-3
-3
USDCAD
US Dollar vs Canadian Dollar
100000
0.00001
-4
-5
USDCHF
US Dollar vs Swiss Franc
100000
0.00001
0
-7
USDJPY
US Dollar vs Japanese Yen
100000
0.001
-3
-6

More Than Just an FX Broker

Diversify your investment portflio by trading CFDs on than just Forex.

15 Years Industry Experience

Opoforex is formed by industry experts, providing utmost reliability and complete transparency.

Ultra Tight Spreads

Monitor your trading costs and improve profitability with Opoforex. Trade with highly competitive spreads, round-the-clock

Safety of Funds

Your funds are completely safe and secured in segregated accounts, with the protection of negative-balance.

24/7 Customer Service

Our customer service is available in different languages – get in touch with Opoforex without any hesitation.

FAQs

Here is how you can use CapitalXtend’s platform for trading forex on margin: Select ‘Forex’ as a new asset Enter the trading size If you want, you can set optional parameters Make the forecast and open a trade Lastly, you can trade manually or wait until it automatically closes.Please note that if your margin level gets below 50%, your trade will be closed forcibly
The international forex market stays open 24 hours every day – from 5 PM EST on Sunday to 4 PM EST on Friday. This is because of different time zones. The market is first opened in Australasia, then in Europe, and lastly in North America. So, after the market has closed in Australia, traders can access the markets in other regions. This is also the reason why the market is attractive to so many traders.
Leverage trading enables you to use a relatively small investment for opening large deals to maximize your trading power. But, it also maximizes your risk. When you have high leverage, successful as well as unsuccessful deals are amplified. For example, if you are investing $100 in EUR/RSD, a popular currency pair and have a maximum leverage of 400:1, it is possible for you to open a deal worth 400 times your investment, $40,000.
Margin is the amount a trader needs for opening a new position. It is measured in lots and estimated on the basis of trade’s size. 100,000 units are the standard lot. The bigger the lot, the greater the margin amount will be. With margin, you can trade with leverage that allows you to place trades that are larger than your trading capital. Leverage can influence the margin amount as well.
To trade online, all you need is a funded trading account and an internet connection. You should also have some knowledge of forex trading and the tools that help minimize the risks.
Yes, you must be at least 18 years old to trade.