Achieving Operations: How To Buy And Sell Divises

He has an opinion. Now what? Open your free Forex platform and start trading your opinion. Of the most traded currency in the world. The EUR, the first currency in the pair, is the basis, and the USD is the counterpart. 

When you see a price quoted on your platform, it is what costs one euro in dollars. You will always see two prices, one is the purchase price and the other is the sale price. The difference between the two is the spread. When you click buy or sell you are buying or selling the pair's first currency. 

BASIC FOREX TRADING 

Basic transactions in Forex video FXCM2:03 Let's say you think that the EUR will increase the value against the USD, your pair is the EUR / USD if you think that the euro will fall in value against the US dollar, you sell EUR / USD. If the purchase price of EUR / USD is 0.70644 and the selling price is 0.70640, then the spread is 0.4 pips. If the transaction moves in your favor (or against) then once it covers the spread, it could be a gain or a loss in its operation. 

CENTRAL FRACTIONS: OPEN WITH MARGIN 

If prices are quoted at hundredths of cents How can you see a significant return on your investment when trading Forex? The answer is leverage. When you trade forex, you are effectively lending the first currency in the pair to buy or sell the second currency. With a market of $ 5 billion a day, liquidity is so deep that liquidity providers, large banks, basically allow you to trade with leverage. To operate with leverage, simply leave aside the margin required for your operation. If you are operating with 200: 1 leverage, for example, you can trade $ 2,000 in the market by retaining only $ 100 in the margin of your trading account. This gives you a lot more exposure while keeping your capital investment low. But leverage not only increases your earning potential. It can also increase your losses, which may exceed the deposited funds. When you are new to the forex market, you should always start trading with small leverage relationships, until you are comfortable in the market. 

WHY OPERATE WITH FXCM? 

Because we are a leading provider of foreign exchange worldwide, when you operate with FXCM, you open access to the benefits that only a top broker can provide. You enjoy: 

• Award-winning customer service: Get service 24/7 when you need it, wherever you are. 

• Acclaimed execution: Our innovative model with no money table offers competitive spreads and anonymous execution. 

• Free Premium Education: With online seminars and real-time instruction, you will gain the advantage you need in trading. 

In addition, you can operate with our own Trading Station platform, one of the most intuitive trading platforms in the market. Open a free demo account and start practicing forex trading today.