Leading global 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 commodities broker HotForex gives clients and football fans the opportunity to win a once-in-a lifetime Paris Saint- Germain experience and generous cash prizes in an all new and exciting trading contest, thus further leveraging their partnership agreement with the French football giants.
Join the Road to Paris trading contest to win dream prizes
“Our partnership with Paris Saint-Germain has been extremely valuable and we are excited to be offering our clients and supporters this trading opportunity” a HotForex spokesperson said. “We equally welcome all new and existing clients and football enthusiasts to exhibit their trading skills for a chance to win an all-inclusive experience relating to their favourite team and official partner of ours, Paris Saint-Germain.”
With the Road to Paris Trading Contest, HotForex clients have once again the opportunity to put their trading skills to the test and go in for fantastic cash prizes offered to the top five traders and a VIP experience money cannot buy which includes, amongst others:
- Attend a PSG warm up from side-pitch
- 2 matchday VIP seats
- 2 stadium tour tickets
- Flight tickets and paid accommodation
Marc Armstrong, Paris Saint-Germain Chief Partnerships Officer added: “It is always very exciting for us to have the opportunity to work with a brand that shares our commitment and vision for success. We are delighted to be sharing our love of the game with all HotForex clients, offering them the opportunity to get behind the scenes at the Parc des Princes stadium and experience the thrill and excitement of their favourite team first-hand.”
Visit the Road to Paris contest website for more information.
About HotForex
HotForex is committed to the success of its clients and gives them a competitive edge through cutting-edge technologies, exclusive access to market research, innovative trading platforms, learning resources and 24/5 multilingual support.
Through its policy of providing its clients with the best possible trading conditions and an optimal environment to trade it has positioned itself as the Forex Broker
Forex Broker
In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day market.What Differentiates Forex Brokers?Forex brokers vary across the board in terms of trading platforms, currency pairs supported, leverage, and spreads, among other attributes. The most commonly supported trading platforms used by forex brokers include MetaTrader 4 (MT4) and MT5.Many forex brokers also offer contracts-for-difference (CFDs) and exposure to commodities such as precious metals. Another element that has seen a high degree of improvement in recent years is education and customer service gains. This has taken the shape of online portals designed to promote proper forex trading techniques.Webinars, encyclopedias, trading tools, and other techniques have helped educate retail traders, many of which lose money trading forex historically.Forex brokers are located around the world but are bound by their service offerings in many instances. In most jurisdictions, these entities require licenses from regulatory authorities to trade forex.Over the past few years, retail brokers have dealt with a wide range of challenges that has redefined the playing field.This includes new regulation, leverage restrictions, compliance costs, payment processing challenges, and more. Brokers have consistently had to deal with an increasingly competitive environment for clients as well.
In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day market.What Differentiates Forex Brokers?Forex brokers vary across the board in terms of trading platforms, currency pairs supported, leverage, and spreads, among other attributes. The most commonly supported trading platforms used by forex brokers include MetaTrader 4 (MT4) and MT5.Many forex brokers also offer contracts-for-difference (CFDs) and exposure to commodities such as precious metals. Another element that has seen a high degree of improvement in recent years is education and customer service gains. This has taken the shape of online portals designed to promote proper forex trading techniques.Webinars, encyclopedias, trading tools, and other techniques have helped educate retail traders, many of which lose money trading forex historically.Forex brokers are located around the world but are bound by their service offerings in many instances. In most jurisdictions, these entities require licenses from regulatory authorities to trade forex.Over the past few years, retail brokers have dealt with a wide range of challenges that has redefined the playing field.This includes new regulation, leverage restrictions, compliance costs, payment processing challenges, and more. Brokers have consistently had to deal with an increasingly competitive environment for clients as well.
Read this Term of choice for traders worldwide.
About Paris Saint-Germain
Paris Saint-Germain football club was created in 1970. Since QSI’s purchase of the club in 2011, it has transformed to become one of the top football clubs and global sports brands in the world.
Paris Saint-Germain is connected with Paris, which is at the heart of the organization, under the philosophy of one unique city, one unique club.
The club has since then won 26 trophies in ten years, 44 in its history, becoming the most successful football club in France. Paris Saint-Germain has attracted many great players including Ronaldinho, Beckham, Ibrahimovic, and currently Neymar Jr and Mbappé, both ranked amongst the best players in the world.
The international popularity of the club never stops growing. It is now the one of the most followed club in the world, expanding from zero to a community over 100 million social media followers in just ten years.
It has opened international offices in Doha, Shanghai and Singapore. The pioneering sports club which now includes men’s football, women’s football, handball and judo added esports in 2016.
Giving back to the community is fundamental to the club who has drastically increased the capacity of its Foundation to develop innovative programs for children in tough situations.
Among others, the Red & Blue School project allows the Paris Saint-Germain Foundation to serve underprivileged youths.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
Leading global 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 commodities broker HotForex gives clients and football fans the opportunity to win a once-in-a lifetime Paris Saint- Germain experience and generous cash prizes in an all new and exciting trading contest, thus further leveraging their partnership agreement with the French football giants.
Join the Road to Paris trading contest to win dream prizes
“Our partnership with Paris Saint-Germain has been extremely valuable and we are excited to be offering our clients and supporters this trading opportunity” a HotForex spokesperson said. “We equally welcome all new and existing clients and football enthusiasts to exhibit their trading skills for a chance to win an all-inclusive experience relating to their favourite team and official partner of ours, Paris Saint-Germain.”
With the Road to Paris Trading Contest, HotForex clients have once again the opportunity to put their trading skills to the test and go in for fantastic cash prizes offered to the top five traders and a VIP experience money cannot buy which includes, amongst others:
- Attend a PSG warm up from side-pitch
- 2 matchday VIP seats
- 2 stadium tour tickets
- Flight tickets and paid accommodation
Marc Armstrong, Paris Saint-Germain Chief Partnerships Officer added: “It is always very exciting for us to have the opportunity to work with a brand that shares our commitment and vision for success. We are delighted to be sharing our love of the game with all HotForex clients, offering them the opportunity to get behind the scenes at the Parc des Princes stadium and experience the thrill and excitement of their favourite team first-hand.”
Visit the Road to Paris contest website for more information.
About HotForex
HotForex is committed to the success of its clients and gives them a competitive edge through cutting-edge technologies, exclusive access to market research, innovative trading platforms, learning resources and 24/5 multilingual support.
Through its policy of providing its clients with the best possible trading conditions and an optimal environment to trade it has positioned itself as the Forex Broker
Forex Broker
In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day market.What Differentiates Forex Brokers?Forex brokers vary across the board in terms of trading platforms, currency pairs supported, leverage, and spreads, among other attributes. The most commonly supported trading platforms used by forex brokers include MetaTrader 4 (MT4) and MT5.Many forex brokers also offer contracts-for-difference (CFDs) and exposure to commodities such as precious metals. Another element that has seen a high degree of improvement in recent years is education and customer service gains. This has taken the shape of online portals designed to promote proper forex trading techniques.Webinars, encyclopedias, trading tools, and other techniques have helped educate retail traders, many of which lose money trading forex historically.Forex brokers are located around the world but are bound by their service offerings in many instances. In most jurisdictions, these entities require licenses from regulatory authorities to trade forex.Over the past few years, retail brokers have dealt with a wide range of challenges that has redefined the playing field.This includes new regulation, leverage restrictions, compliance costs, payment processing challenges, and more. Brokers have consistently had to deal with an increasingly competitive environment for clients as well.
In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new regulatory oversight. Relative to the institutional sector, retail brokers are rather small portion of the greater forex market. However, traders can rely on brokers for leveraged trading in a 24-hour-a-day market.What Differentiates Forex Brokers?Forex brokers vary across the board in terms of trading platforms, currency pairs supported, leverage, and spreads, among other attributes. The most commonly supported trading platforms used by forex brokers include MetaTrader 4 (MT4) and MT5.Many forex brokers also offer contracts-for-difference (CFDs) and exposure to commodities such as precious metals. Another element that has seen a high degree of improvement in recent years is education and customer service gains. This has taken the shape of online portals designed to promote proper forex trading techniques.Webinars, encyclopedias, trading tools, and other techniques have helped educate retail traders, many of which lose money trading forex historically.Forex brokers are located around the world but are bound by their service offerings in many instances. In most jurisdictions, these entities require licenses from regulatory authorities to trade forex.Over the past few years, retail brokers have dealt with a wide range of challenges that has redefined the playing field.This includes new regulation, leverage restrictions, compliance costs, payment processing challenges, and more. Brokers have consistently had to deal with an increasingly competitive environment for clients as well.
Read this Term of choice for traders worldwide.
About Paris Saint-Germain
Paris Saint-Germain football club was created in 1970. Since QSI’s purchase of the club in 2011, it has transformed to become one of the top football clubs and global sports brands in the world.
Paris Saint-Germain is connected with Paris, which is at the heart of the organization, under the philosophy of one unique city, one unique club.
The club has since then won 26 trophies in ten years, 44 in its history, becoming the most successful football club in France. Paris Saint-Germain has attracted many great players including Ronaldinho, Beckham, Ibrahimovic, and currently Neymar Jr and Mbappé, both ranked amongst the best players in the world.
The international popularity of the club never stops growing. It is now the one of the most followed club in the world, expanding from zero to a community over 100 million social media followers in just ten years.
It has opened international offices in Doha, Shanghai and Singapore. The pioneering sports club which now includes men’s football, women’s football, handball and judo added esports in 2016.
Giving back to the community is fundamental to the club who has drastically increased the capacity of its Foundation to develop innovative programs for children in tough situations.
Among others, the Red & Blue School project allows the Paris Saint-Germain Foundation to serve underprivileged youths.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
