Send Forexs to the personal trading wallet, which generated by
the platform
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Earn huge return on investment. With our professional team of
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What is forex trading?
Foreign exchange trading is also known as FX trading or forex trading. It provides the opportunity to speculate on price fluctuations within the FX market. The goal of FX trading is to forecast if one currency’s value will strengthen or weaken relative to another currency. A forex trader will encounter several trading opportunities each day, due to daily news releases.
FX traders take advantage of this by becoming extremely receptive to market news releases and then trade based upon the suspected market sentiment. FX is an industry term that is abbreviated from forex, and is commonly used instead of forex. However, forex is also an abbreviation of foreign exchange. Read more about forex news trading strategy.
How does forex trading work?
Forex is always traded in currency pairs – for example, GBP/USD (sterling v US dollar). You speculate on whether the price of one country's currency will rise or fall against the currency of another country, and take a position accordingly. Looking at the GBP/USD currency pair, the first currency (GBP) is called the 'base currency' and the second currency (USD) is known as the 'counter currency'.
When trading forex, you speculate on whether the price of the base currency will rise or fall against the counter currency. So in GBP/USD if you think GBP will rise against USD, you go long (buy) the currency pair. Alternatively, if you think GBP will fall against USD (or that USD will rise against GBP), you go short sell the currency pair.
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Forex in video explanation
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ABOUT US FxTradeProfit
Since 2013 FxTradeProfit has been providing high-quality services for cryptocurrency trading on financial markets to traders around the world. Traders receive access to over 330 assets: currency pairs, and international Stock CFDs, indices, metals and Binary Options.
FxTradeProfit has created comfortable conditions for investment: copying of trades of successful traders (LAMM service), as well as the ability to build investment portfolios from more than 250 stock market assets.
Now you can start trading in Forex, Ethereum and many cryptocurrencies fast, easily and safely from where ever you are. With great margin trading leverage and short sell options available with quick deposit & withdrawal capability, you can start trading with us in seconds.
OUR PLATFORM ADVANTAGES
Payment Options
We provide various withdrawal methods.
Strong Security
With advanced security systems, we keep your account always
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Our platform is used by Forex investors worldwide.
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Our platform can be accessed from various devices such as Phones,
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