Calculate the foreign exchange rates of major FX currency pairs. Utilising these small measurement units helps protect new traders from substantial losses. A ‘pipette’, or fractional pip, is 1/10th of a standard pip, offering tighter spreads and precise insights into xcritical currency price movements. Venturing into the world of futures trading can be an exciting yet daunting experience for new traders.While the potential for profit … For more information about transfers between your trading accounts please see our FAQ section below.
All you need is an internet connection — no software download required! Simply log in to your FXTM account, choose your favourite browser and you’re good to go. Download MT4 for your mobile device to experience real trading freedom. Forex trading is available on all of our account types. CFD is a common acronym in the stock trading world, and a highly popular financial instrument. Learn all about CFD Trading, and how to make them a key…
Download MT4 on the popular Android operating system to enjoy unlimited market access wherever you are and whatever you’re doing. Available on both mobile and tablet, MT4 for Android makes it more convenient than ever to trade. Discover better trading today when you combine this cutting-edge platform with FXTM’s outstanding products and services. Other benefits of MT4 include its powerful security system and multi-device functionality, which enable you to trade with complete confidence and at your convenience.
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Keep on top of the markets with daily analysis, weekly videos and webinars from expert analysts, including FXTM’s home-grown star Lukman Otunuga. Sharpen your strategy with webinars, E-books, articles, and more. These priceless resources are free and always will be – that’s how we give you more. We’re trusted by over 4 million people worldwide, with thousands of traders in Nigeria choosing FXTM every month. This will result in quote currency and respectively will be converted to account currency. No one makes it easier, open an account or try our demo account to get started while you build your skills.
What is currency trading and why do traders love it?
- CFD is a common acronym in the stock trading world, and a highly popular financial instrument.
- Access hundreds of trading instruments online across forex, indices, commodities, and stocks.
- The foreign exchange market has a daily trading volume of over $5 trillion, making it the most liquid in the world and an exciting place to trade.
- They’re both completely free to download, check out MetaTrader 5 here or click below to see details about them.
We agreed to keep customer funds segregated, so no one would be out of pocket if things went south. That meant no stealth fees and no secrets in our trading stats. Traders ourselves, we saw how the emerging web could bring opportunity to anyone who was ready to take on a little risk and put in the time to learn. We set out three rules to guide our mission to take opportunity to the world. Trade FX, CFDs and stocks with a well-established global broker.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
The MetaTrader 4 platform offers easy-to-read, interactive charts that allow you to monitor and analyse the markets in real-time. You’ll also have access to more than 30 technical indicators which can help you identify market trends and signals for entry and exit points. We are a globally regulated broker, and for the safety of all our clients we offer segregated funds protection. It’s also a good opportunity to get to know your trading platform. MetaTrader offers a range of indicators and timeframes designed to allow you to monitor the markets, and these can take a bit of getting used to. We may extend these amendments for as long as we deem necessary after the market opening, by providing you with prior written notice.
Currency pairs are split into three categories. Major currency pairs are the most traded pairs in the forex industry. They usually include the US dollar as one half of the pair, like the EUR/USD and the USD/JPY. Other commonly traded major pairs include EUR/JPY and the EUR/GBP. Typically, forex traders see the greatest volatility before and after key economic or political events as they speculate how this could affect the markets. The first currency in the pair is called the base currency and the second the quote currency.
- Using the products offered may not be suitable for everyone.
- Accurately calculate pip values and manage your trade risks with our intuitive FXTM pip calculator.
- Keep on top of the markets with daily analysis, weekly videos and webinars from expert analysts, including FXTM’s home-grown star Lukman Otunuga.
- There is a total of 9 different timeframes on MT4, meaning you can follow price movements over the period of time that suits you.
The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is t… Another popular tool that traders use is the xcritical rezension Trailing Stop.