Understanding Forex Trading.
Forex, or foreign exchange, is the global marketplace for trading national currencies, primarily through currency pairs. As the largest financial market in the world, it has a daily trading volume exceeding $6 trillion. Traders speculate on price movements of various currency pairs, such as EUR/USD and USD/JPY, capitalizing on fluctuations in exchange rates. Operating 24 hours a day, five days a week, Forex provides ample opportunities for traders to buy and sell currencies worldwide.
What are CFDs?
Contracts for Difference (CFDs) are financial derivatives that allow
traders to speculate on the price movements of various financial instruments without owning the underlying
asset. With CFDs, you can trade on price changes in assets such as stocks, commodities, and indices.
This
enables traders to profit from both rising and falling markets.
CFDs offer flexibility and can be traded
with leverage, allowing you to control larger positions with a smaller amount of capital.
Advantages of Trading with LuxQuotes.
Explore the key benefits of Forex and CFDs that enhance your trading experience and significantly boost your potential for success in the financial markets.
High Liquidity
The Forex market is the largest in the world, ensuring quick execution of trades and easy entry and exit from positions.
Leverage Opportunities
CFDs allow you to use leverage, enabling you to control larger positions with less capital, which can amplify potential returns.
Diverse Asset Selection
Access a wide range of financial instruments, including major currency pairs, commodities, and indices, to tailor your trading strategy.
Diverse Asset Trading Opportunities.
Explore a wide range of financial instruments to enhance your trading strategy and achieve success in the market.
the king and forefather of cryptocurrencies.
The first
decentralised currency
Bitcoin's price performance has captivated investors since its beginnings.
Digital Gold
Potential to become digital gold and a store of value in a digital asset portfolio.
Inflation-hedge
The cornerstone of the Bitcoin project is a limited supply of coins, preventing inflation and helping to grow its value.
The market king.
Created in 2009 by a person known as Satoshi Nakamoto, Bitcoin rules over the digital currencies market, making up more than half of the capitalisation. For the time being, the share prices of altcoins still fluctuate based on Bitcoin. Supporters view the currency as digital gold, whose value should increase over time.
Unequalled to this day.
Bitcoin never ceases to amaze with historical highs and lows - definitely the opposite of boring.
Trading Asset Details at LuxQuotes.
Gain comprehensive insights into minimum spreads, margin requirements, and examples to enhance your trading effectiveness and decision-making.
Asset
Forex
Major Pairs
EUR/USD
USD/JPY
Minor Pairs
AUD/NZD
EUR/GBP
Exotic Pairs
USD/TRY
USD/ZAR
Stocks
AAPL (Apple)
AMZN (Amazon)
Commodities
XAU/USD (Gold)
XTI/USD (Crude Oil)
Indices
S&P 500
DAX 30
Minimum spreads (pips)
Basic
$1,000
Standard
$10,000
Prime
$50,000
1.2
1.0
2.3
1.7
8.1
19.4
×
×
1.5
3.0
0.5
0.8
0.8
0.7
1.9
1.2
5.7
15.3
×
×
1.0
2.0
0.3
0.5
0.4
0.3
1.0
0.6
3.4
10.2
×
×
0.5
1.0
0.1
0.2
Margin requirements
0.5%
0.5%
1.0%
1.0%
10%
4%
10%
10%
1%
1%
1%
1%