Forex Trade as Typical Representative of OTC Markets



Forex trade is a typical representative of OTC markets, electronically traded the national currencies of countries based on market principles. Forex market is not common, they are other exchanges, has a center. It’s cash, inter-bank and inter-dealer market, which is connected online foreign exchange clearing center connected to the international, global electronic trade network. Highly standardized market for currency (foreign exchange) operates online 24 hours a week and traded via telephone and computer exchanges of market makers and brokerage trade firms.

Forex does not have a trade center. Traded via telephone and computer exchanges of market makers and brokerage firms. What is the Forex market compared with the classical exchange? International, global, electronic, highly standardized market for currencies, on-line 24 hours a day.

When trading in foreign exchange are no daily limits and no restrictions with regard to trading hours. This means that almost always will be an opportunity to respond to the movements of the major currency trade markets. In line with this there is less risk of being caught without the possibility of closing some of the positions. When trading in foreign exchange is shown by investors trading spreads (spreads), which offers shopping and retail store level. If the investor accepts the offered price and receive trade confirmation, trade is executed. No need to call on the stock exchange floor.

Standard Forex Trade Account
Minimum to open account: 2,000 USD
Value of one lot: 100,000 USD
Margin requirement: only 500 USD per lot
3-4 point (pips) spreads in major currencies and cross currencies

Mini Forex Trade Account
Through the portal, you can e-exchange in addition to its Standard Forex Account Mini Forex trading accounts as well with smaller contracts, and thus smaller margin requirements.
Minimum to open account: 500 USD
value of one lot: 10,000 USD
Margin requirement: only 50 USD per lot.
3-4 point (pip) spreads in major currencies and cross currencies

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