The international foreign exchange market is among the most dynamic, liquid, and fascinating marketplaces in the world. Hundreds of traders currently use WavFX, an award-winning London Forex broker that offers over 60 currency pairings in all major currencies 24/5. The US dollar (USD) is used as the base or counter currency in all major currencies. GBP/USD, EUR/USD, and USD/JPY are examples of majors.
WavFX has persistently tight spreads, beginning as low as 0.0 pips. We've teamed up with some of the most well-known banking and non-banking institutions in order to ensure a large liquidity pool, so that you obtain the best market rates and the shortest possible latency order can be carried out.
Spreads start at 0.0 pips.
Leverage ratios of up to 30:1 are available.
There are more than 60 currency pairs available.
The Forex markets are open 24/5.
Multilingual customer service that has won awards.
There will be no price manipulation, requotes, or dealing desk.
Take advantage of low-margin, low-cost trading.
Equinix servers provide lightning-fast trade execution.
24 hours a day, 5 days a week, you can enter and exit trades whenever you choose.
Trading possibilities can be enhanced by trading in any path you anticipate the markets will go, whether short or long.
With cutting-edge techniques, you have access to pre-open price movements and can predict market trends.
WavFX is much more than just a Forex broker! CFDs on Indices, Commodities, Shares, and Cryptocurrencies are also available with continually tighter spreads and unrivalled trade patterns.
Purchasing one currency and selling another is the basis of forex trading. Traders attempt to profit from price changes by predicting the likely trend of currency values through meticulous analysis. For FX trading, there is no centralized exchange. Alternatively, it occurs digitally or online, between worldwide computer networks. The market is open five days a week, 24 hours a day.
You decide to purchase AUD 20,000 because you believe the AUD/ USD exchange rate will increase in the future. Your profit margin rate is 5%. This implies you'll need to fund your margin account with 5% of the overall position value.
Now, if the price goes to 0.6880/0.6882 in the next hour, you have a profitable trade. You could sell at the market valuation of AUD 0.6880 to close your trade.
If the price of AUD/USD | To | You could Gain or Lose for a Long Position | Resulting in a Return of the Initial Margin |
---|---|---|---|
Rises by 1% | 0.6942 / 0.6944 | 0.6942 / 0.6944 | 0.6942 / 0.6944 |
Declines by 1% | 0.6804 / 0.6806 | 0.6804 / 0.6806 | 0.6804 / 0.6806 |
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Incorporate : The Registrar of Companies for England and Wales, hereby certifies that WAVFX TRADING INDEX LIMITED is this day incorporated under the Companies Act 2006 as a private company, that the company is limited by shares, and the situation of its registered office is in England and Wales. Given at Companies House, Cardiff, on 25th September 2005. The objects of the Company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.