With 24/7 customer support dedicated to providing personalized assistance and technologically advanced user-friendly trading platforms, beginner traders can commence their trading with ease.
With 24/7 customer support dedicated to providing personalized assistance and technologically advanced user-friendly trading platforms, beginner traders can commence their trading with ease.
Forex or the foreign exchange market is a global decentralized market for trading currencies that sets exchange rates for each currency.
It is the largest market in the world with more than $5 trillion in average daily trading volume. It offers a lot of benefits and presents endless opportunities for traders to increase their trading capital.
Because of different time zones, trading takes place all around the globe during different countries’ business hours and major currency pairs can be traded 24 hours a day, 5 days a week.
The forex markets allow for both long and short positions without any limitations. If traders at any given time speculate that the price of a currency will increase they buy, if they speculate that it will decrease they sell.
The spread is the cost of entering a trade. It is the difference between the buy price and the sell price. With spreads as low as 0.6 DomusFx offers its traders some of the most attractive trading benefits.
Forex has a daily trading volume of $5 trillion which means that millions of traders trade at any given time 24 hours for five working days of the week. Therefore, it is easy to open and close trading positions at any time.
The deep liquidity of the forex market allows for high leverage. Domus FX offers a maximum leverage of 1:500 to allow you to take advantage of every opportunity when markets move.
With global markets, traders have the opportunity to trade numerous international currency pairs and easily gain exposure while avoiding vagaries of foreign securities laws.
DomusFx allows its traders to open a demo account to practice and elevate their trading skills without any charge. You have access to all of the features offered in live accounts on Metatrader 4 and Metatrader 5 as well as support for all trading instruments.
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“Going Long” or “Going Short” in financial markets
When traders think that an asset will rise, they “go long”, they buy the asset and are considered to be “bulls”. The optimistic traders believe that the asset will show an upward movement.
Similarly, traders who speculate that the value of an instrument will drop, they sell that instrument. When traders sell, they are called “bears”.
Leverage – what is it and how it works
In simple terms, leverage is borrowed capital offered by the broker to increase potential returns for traders. It is a way for traders to trade larger volumes than they normally would be able to, only using the limited amount of their trading capital.
For example, with the maximum leverage 1:500 offered by DomusFx you can trade with $250,000 by only depositing $500 as a security deposit. You can take advantage of the smallest changes in the market with only a fraction of the amount of money you trade.
However, leverage should be used with caution as it can significantly increase your returns while it could simultaneously increase the risk of losses during trading.
With DomusFx you can never lose more than you deposited
A Trading Strategy is a set of rules that traders use in making trading decisions. Traders make Buy or Sell decisions and decide entry and exit points for their trades based on the rules of their strategy.
Fundamental analysis focuses on the study of interest rates, economic growth, employment, inflation, and political risks as factors that could potentially affect the supply and demand of currencies and in extend their prices.
Technical analysis focuses on the study of price charts in search of patterns, trends and important price points that could contribute to correct speculations and indicators of when traders should enter or exit the market.
With our devoted customer support team always by your side, you can rest assured that you will always receive top-class service whenever you need it.
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Fund your account via our Client Portal
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