Forex stands for FOREIGN EXCHANGE. In simple terms, by sitting in one place in the world, one can trade in any Country’s Currency.
Tight spreads in
all currencies
Largest
financial market across globe. High
Volatility. High
Liquidity. High
Leverage.The forex market (also known as foreign exchange market) is the largest and most liquid market in the world, having average daily trading volume of more than $5 trillion. According to the Bank for International Settlements, the preliminary global results from the 2022 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity show that trading in foreign exchange markets averaged US $7.5 trillion per day in April 2022. This is up from US $6.6 trillion in April 2019. Measured by value, foreign exchange swaps were traded more than any other instrument in April 2022, at US $3.8 trillion per day, followed by spot trading at US $2.1 trillion. The $7.5 trillion break-down is as under:-
Satisfied clients
If you want to see how Forex trading works in practice, you can open a demo account.
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Lower the spread, higher the benefit will pass on to the customers. Orbit Global confidently provides best ever spreads and availability of different Trading Instruments to trade on.
Forex is the most liquid, flexible and crystal clear market to trade with your trading skills and technology expertise. Our best Trading Platform and Identical though secure Client Portal will definitely make your Trading Journey exceptional.
Forex is the only market where clients can trade on higher borrowed money and lower investments. Orbit Global gives you the best ever possible leverage to trade on different instruments from Forex to Cryptos.
The broader view of Forex Exchange is that when one country orders goods from another country, they need to make the payment in the local currency of the supplier country so they exchange huge amounts of currencies of two different countries. In the process of exchange the exchange rate moves either side based on the demand and supply of the currency. The similar exchange rates are showcased on various Currency Exchanges in the world and we Trade on these exchanges to gain profits out of it.
It’s a potential opportunity to make some extra money with forex trading online. The best way, is to get your feet wet and learn about forex trading pros and cons in details to avoid loss in forex trading.
It’s important to have an understanding of the markets and methods for online forex trading and simultaneously keep an eye live forex quotes on regular basis, so that you can more effectively manage your risk, make winning trades, and set yourself up for success in your new venture.
Orbit Global provides an Award winning Trading Platforms i.e. MT5 to offer unparalleled Trading Environment and variety of Cross Currency Pairs to suit any Trading Needs.
