Introduction to Forex Trading

Foreign Exchange (FX) is essentially about exchanging one country’s currency for another. Forex as the market is commonly known, is the largest financial market, which trades around the clock. The FX market trades enormous amounts of money, which is estimated at several trillion dollars on a daily basis. The currency market is not new; they’ve been around for as long as the Banks have been doing business. What is relatively new is the accessibility of the markets to a private trader, particularly the small to medium sized investor.

Using our Margin FX facility, a private trader can capitalise on the principle of leverage. For a cash deposit or initial margin, you can control a position many times larger than the size of the deposit. An initial margin is required to maintain each position you enter. The amount of margin for each position is determined on a daily basis by the volatility of each of the currencies. The initial margin may vary upwards from 3% of the face value of the position.

We provide a trading service to a diverse customer base across all the world's time zones with our dealing room staffed with experienced personnel conversant in English, Mandarin and Cantonese. All major currencies are available to trade including Australian, Euro, Canadian, Hong Kong, New Zealand, Singapore and US Dollars, British Pounds, Japanese Yen and Swiss Franc. Ability to trade a range of cross rates and over-the-counter currency options also.