WHAT IS FOREX

Forex – FOReign EXchange – is an interbank foreign exchange market. Foreign exchange rates started floating freely in the 1970s. At first, only banks could make money. However, brokers gradually emerged as the Internet evolved. Today, anyone can become an online FX trader.

All of us have, at some point in our lives, bought foreign currency and tried to predict when it could be sold profitably. Same situation obtains with the Forex market. Trading is done in currency pairs, where you buy one currency with another, but the rates change every second, and you can transact constantly and make huge profit.

Brokers play a key role in trading. Through margin trading, brokers are able to give traders additional amounts that can be used in trading. Such a system is called leverage. The market works 24/7.

TRADING CONDITIONS FOR A SUCCESSFUL START

DEMO FIX-STANDARD PRO-STANDARD Professional PRO Bitcoin
Trading platform MetaTrader4 MetaTrader4 MetaTrader4 MetaTrader4 MetaTrader4
Account currency USD, EUR, RUB, USDT USD, EUR, RUB, USDT USD, EUR, RUB, USDT USD, EUR, RUB, USDT MBT = 0.001 BTC
Minimum deposit None None None None 0.001 BTC
Commission for US$1,000,000 in turnover None None None None None
Execution mode Market Execution Instant Execution Market Execution Market Execution Market Execution
Spread floating fixed floating floating floating
min 1 pip min 2 pip min 1 pip min 1 pip min 1 pip
Quotation expanded base expanded expanded expanded
(5 digits after the decimal point) (4 digits after the decimal point) (5 digits after the decimal point) (5 digits after the decimal point) (5 digits after the decimal point)
Maximum leverage 1:200 1:200 1:200 1:200 1:200
Minimum order (lot) size 0,01 0,01 0,01 1 0,01
Maximum volume of the order (lots) 100 100 100 100 100
Maximum order (lot) size 100 None None None 100
Minimum step volume 0,01 0,01 0,01 1 0,01
Stop Out 20% 20% 20% 20% 20%
Deposit/withdrawal commission 1% 1% 1% 1% 1%
Swap-Free account No Yes Yes Yes No
ACCESS TO EXPERT ADVISORS Yes Yes Yes Yes Yes

HOW TO START MAKING MONEY ON FOREX

  • Open a trading account It takes you no more than 5 minutes. Open account
  • Top up your account Top up your account without
    any commission
    Top up
  • Download the platform Use MetaTrader 4 – the most popular
    trading platform
    Download

AN INDISPENSABLE TOOL FOR EVERY TRADER

The MetaTrader 4 trading platform is your best assistant
Convenience and usability are the main advantages of MetaTrader 4. To use the platform, simply click the "Download" button and install the program on the PC. We do not have any starting minimum deposit – you can start trading with any amount.
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