Explore the world’s foreign exchange markets and trade some of the strongest and most recognisable currencies from countries like the US, UK, Australia and Canada. Buy, sell and trade the Dollar, the Pound, the Yen, the Euro and others.
Access the Forex market with PrimeXBT and our award-winning platform.Trade the World’s most liquid market and look for opportunities in every currency pair. Benefit from a fully customizable layout, over 50 technical indicators, and ability to trade directly from charts. Trade both long and short, and enjoy lightning-fast order execution.
The foreign exchange market is the most highly traded and liquid market in existence and features the trading of the national currencies of the world’s superpowers. These countries have an important impact on the global economic climate, and their currency values correlate with the environment and political factors, making forex a prime market for traders.
Margin trading is a process where a trader can borrow funds from PrimeXBT in order to open a larger position than the actual amount of funds deposited. Such trade will only require a fraction of the total position value, known as margin.
If your forex margin trade is successful, you will be able to make more profit than you would without using leverage. However, if the trade is unsuccessful the losses can be magnified too.
You should always consider downside potential and take steps to manage your risk.
For example, if a trader opens a position in USD/JPY, and it falls 10%, using 5x leverage the same drop becomes a 50% profit. A similar spot trade without leverage would result in only 10% profit.
Disclaimer: Margin trading also comes with inherent risks if the position moves against the trade. You should never utilize 100% leverage and never invest more than you can afford to lose.
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