IronFX, the Cyprus-based Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Read this Term and CFDs broker, has taken to the seas with its newest sport sponsorship, signing a partnership with the Offshore Racing Congress (ORC) to sponsor the ORC Worlds 2017, a sailing contest taking place in Trieste, Italy between July 2nd and 8th, 2017. The deal is worth an estimated 80-120,000 EUR according to industry sources. In addition, IronFX is sponsoring the yacht representing Cyprus.
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The London Summit 2017 is coming, get involved!
Founded in 1969, the ORC is the international body that regulates the sport of competitive offshore sailing.
The ORC Worlds 2017 is being held in the Upper Adriatic and the Gulf of Trieste for the first time. More than 1500 athletes will stay at the regatta venue at Porto San Rocco during the event, with two simultaneous regatta course areas planned by the Regatta Committee to guarantee the best racing for the most anticipated sailing event of the year.
The company commented on the new sponsorship: “We excel ourselves by being at the cutting edge of everything we do. Having our corporate yacht qualifying and participating at the prestigious World Sailing Championship, representing Cyprus for the first time, signifies our commitment to remain agile and responsive to client needs whilst continuing our commitment to CSR initiatives relating to education, sports, and general social welfare.”
IronFX made a lot of headlines the last time it signed a sponsorship deal. In 2014, IronFX signed a sponsorship deal worth 2-3 million EUR a year with Barcelona FC, one of the most famous football clubs in the world. The deal lasted for the whole three years, coming to an end last week on June 27.
IronFX, the Cyprus-based Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value.
Read this Term and CFDs broker, has taken to the seas with its newest sport sponsorship, signing a partnership with the Offshore Racing Congress (ORC) to sponsor the ORC Worlds 2017, a sailing contest taking place in Trieste, Italy between July 2nd and 8th, 2017. The deal is worth an estimated 80-120,000 EUR according to industry sources. In addition, IronFX is sponsoring the yacht representing Cyprus.
[gptAdvertisement]
The London Summit 2017 is coming, get involved!
Founded in 1969, the ORC is the international body that regulates the sport of competitive offshore sailing.
The ORC Worlds 2017 is being held in the Upper Adriatic and the Gulf of Trieste for the first time. More than 1500 athletes will stay at the regatta venue at Porto San Rocco during the event, with two simultaneous regatta course areas planned by the Regatta Committee to guarantee the best racing for the most anticipated sailing event of the year.
The company commented on the new sponsorship: “We excel ourselves by being at the cutting edge of everything we do. Having our corporate yacht qualifying and participating at the prestigious World Sailing Championship, representing Cyprus for the first time, signifies our commitment to remain agile and responsive to client needs whilst continuing our commitment to CSR initiatives relating to education, sports, and general social welfare.”
IronFX made a lot of headlines the last time it signed a sponsorship deal. In 2014, IronFX signed a sponsorship deal worth 2-3 million EUR a year with Barcelona FC, one of the most famous football clubs in the world. The deal lasted for the whole three years, coming to an end last week on June 27.
