The advantages of trading indices with Amelok
- 55+ currency pairs
- 24 hours a day 5 days a week
- Leverage up to 1: 200
- Spread 0
- Trading on the most liquid market in the world
- Ideal for beginners due to low deposit rates
About Forex Trading
Trading in the Forex market (currency trading) is trading in the modern currency exchange market. In simple terms, Forex is a decentralized global market in which individuals, companies and financial institutions exchange currencies at variable rates.
The current system of floating courses - in the form in which it is presented today - was adopted after the Second World War and is still in effect. Prior to the current floating exchange rate system, the so-called Bretton Woods agreement, under which exchange rates were rigidly established, depended on gold reserves in the countries issuing currencies that entered the exchange market.
The Forex market in its current form is the largest and most liquid market in the world. This was due to a number of factors, including the ease of making transactions over the Internet, the availability of travel for a modern person, the ease of communication between people and the development of transport communications.
In our small and cramped world, it has become easier to move and exchange goods and services. And in order to make this possible, we are faced with the need to exchange currencies for each other. All these needs led to the appearance of the Forex market, which is growing every year. Growth in the volume of operations on it will continue in the future, and Forex itself will become more dynamic, liquid and fast.
Online Forex Trading
Along with the main participants of the Forex market, one of the growing segments of the participants in it can be called individual traders (individuals) who participate in trade, mainly for profit. Their ultimate goal is making profit on currency fluctuations (market change) or hedging currency risks.
Traders from this segment enter the market through brokers (such as XM), or through banks. In this case, the bank (or broker) provides the retail client with a trading account to which funds in the base currency are credited (typically, this is the local currency of the country where the client lives), and the client is given the opportunity to buy and sell currency both online and telephone. The client trades on the market for profit.
Forex trading through brokers
Participating in Forex trading with the help of a broker, for example, Amelok, involves providing the client with real-time currency quotes and displaying the purchase and sale prices of various instruments in his online trading platform. The client can choose at what price to buy or sell currency, and can carry out transactions at any time.
Amelok will give you the opportunity to trade the most volatile currency pairs in the Forex market, such as:
AUD/CAD - Australian Dollar / Canadian Dollar
AUD/CHF - Australian Dollar / Swiss Franc
AUD/JPY - Australian Dollar / Yen
AUD/NZD - Australian Dollar / New Zealand Dollar
AUD/USD - Australian Dollar / US Dollar
EUR/AUD - Euro / Australian Dollar
EUR/CAD - Euro / Canadian Dollar
EUR/CHF - Euro / Swiss franc
EUR/GBR - Euro / Pound Sterling
EUR/JPY - Euro / Yen
EUR/RUB - Euro / Ruble
EUR/SGD - Euro / Singapore Dollar
EUR/USD - Euro / Dollar
GBP/AUD - Pound Sterling / Canadian Dollar
GBP/CAD - Pound Sterling / Canadian Dollar
GBP/CHF - Pound Sterling / Swiss Franc
GBP/JPY - Pound Sterling / Yen
GBP/SGD - Pound Sterling / Singapore Dollar
GBP/USD - Pound Sterling / Dollar
NZD/CAD - New Zealand Dollar / Canadian Dollar
NZD/CHF - New Zealand Dollar / Swiss Franc
NZD/JPY - New Zealand Dollar / Yen
NZD/SGD - New Zealand Dollar / Singapore Dollar
NZD/USD - New Zealand Dollar / US Dollar
USD/CAD - US dollar / Canadian dollar
USD/CHF - US Dollar / Swiss Franc
USD/DKK - US Dollar / Danish Krone
USD/JPY - US Dollar / Yen
USD/MXN - US Dollar / Mexican Peso
USD/NOK - American dollar / Norwegian Krone
USD/RUB - American dollar / ruble
USD/SEK - US Dollar / Swedish Krona
USD/SGD - US Dollar / Singapore Dollar
- And these are just the main ones. Today, the company Amelok provides an opportunity to trade and earn more than 50 currency pairs of the Forex market.