Skip to main content

Who is FX Coin Capital ?




FX Coin Capital is an investment firm based in the United Kingdom and the USA. A platform that allows you to trade and buys into top options that currently available on the market.

What is forex trading?

Forex trading, also known as foreign exchange or FX trading. It is the conversion of one currency into another. It is one of the most active trading markets in the world, with individuals, companies and banks contributing to a daily average trading volume of almost  $5 trillion.

While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken by forex traders with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make FX so attractive to forex traders: bringing about a greater chance of high profits, while also increasing the risk.

Comments

Popular posts from this blog

How do currency markets work?

How do currency markets work? Regardless of whether you decide to trade via a broker or with derivative products, it is important to have an understanding of how the underlying forex market works. Unlike shares or commodities, forex trading does not take place on exchanges but directly between two parties, in an over-the-counter (OTC) market. The forex market is run by a global network of banks, spread across four major forex trading centres in different time zones: London, New York, Sydney and Tokyo. Because there is no central location, you can trade forex 24 hours a day. There are three different types of forex market: Spot forex market : the physical exchange of a currency pair, which takes place at the exact point the trade is settled – ie ‘on the spot’ – or within a short period of time Forward forex market : a the contract is agreed to buy or sell a set amount of a currency at a specified price, to be settled at a set date in the future or within a range of f...

Ways to trade forex

Ways to trade forex There are two popular ways to trade forex markets; with derivative products and via a forex broker. What are forex derivatives? Derivative products track an underlying currency market so that traders can speculate on whether the price will rise or fall. The most popular forex derivatives are spread bets and CFDs. Spread betting A forex spread bet enables you to speculate on the future price direction of a currency pair. Your profit or loss is dictated by how far the market moves in your favour before you close your position and how much money you have put up per point of movement. A benefit of spread betting is that it’s completely tax-free . 1 CFD trading A forex CFD is an agreement to exchange the difference in the price of a forex pair from when you open your position to when you close it. If the market price moves in your chosen direction, you would profit, and if it moves against you, you would make a lo...

What is a base currency?

What is a base currency? A base currency is the first currency listed in a forex pair, while the second currency is called the quote currency. Forex trading always involves selling one currency in order to buy another, which is why it is quoted in pairs – the price of a forex pair is how much one unit of the base currency is worth in the quote currency. Each currency in the pair is listed as a three-letter code, which tends to be formed of two letters that stand for the region, and one standing for the currency itself. For example, GBP/USD is a currency pair that involves buying the Great British pound and selling the US dollar. To keep things ordered, most providers split pairs into the following categories: Major pairs. Seven currencies that make up 80% of global forex trading. Includes EUR/USD, USD/JPY, GBP/USD and USD/CHF Minor pairs. Less frequently traded, these often feature major currencies against each other instead of the US dollar. Includes: EUR/G...