What is forex trading?
Forex trading works by simultaneously buying one currency while selling another. If the currency you have bought increases in value against the currency you have sold, you can close your position for a profit.
What are currency pairs?
Forex trading always involves selling one currency in order to buy another. For this reason, they are quoted in pairs that shows which currency is being bought and which is being sold. Each currency in the pair is listed in the form of its three letter code, which tends to be formed of two letters that stand for the region, and one standing for the currency itself.
GBP/USD, for instance, is a currency pair that involves the Great British pound and the US dollar. In this pair, you are buying pound sterling by selling US dollars.
Below is a list of terms you should learn and get familiar with.
The smallest price change that a given exchange rate can make. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point. A common exception is for Japanese yen (JPY) pairs which are quoted to the second decimal point.
The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency.
CROSS CURRENCY PAIR:
A pair of currencies traded in forex that does not include the U.S. dollar. One foreign currency is traded for another without having to first exchange the currencies into American dollars
The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a currency pair is called the "base currency", and the second currency is called the "quote currency". The currency pair shows how much of the quote currency is needed to purchase one unit of the base currency.
The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency. This is also known as the "secondary currency" or "counter currency".
Now that we've reviewed basic terminology, let's look at how you can earn from trading and investing in Forex with us.
Top traded currencies
Most of the trades in forex revolve around these four currencies:
USD (U.S. dollar)
JPY (Japanese yen)
GBP (British pound sterling)
How much money do you need to start trading forex?
A good thing about entering the Forex market is that you don’t need large amounts of money to begin. It is possible to start trading Forex online for as little as $1. Many brokers often have a minimum amount required to open an account, and this can range from $100 to $500,000.
You can simply get started with us on our Forex portfolios with a minimum investment of $500 and earn up to 5% weekly on our "Forex (mini)" investment package. A minimum investment of $100,000 and above in the "Forex" investment package can earn up to 10% weekly in profits on your investment with us, throughout your investment term.
Forex trading risks
Like any type of trading and investment, forex has risks, some of which are unique to forex. Many of these risks are not beyond the control of traders, but by understanding where the risks are, many times risks can be averted or abated. Choosing to trade by yourself when you’re not a professional is highly unreasonable as you would lose whole or all of your investment to guessing.
Our team of quality Traders, Financial Analysts, Investments/ Asset managers understand the financial market and take advantage of this to secure and make profits for our clients using their invested capital throughout their investment period and also securing their investment in the process to avoid losses.
We are able to make returns on the investment of our clients through Forex trading, Our Strategies;
Our clients have different financial goals and we offer a range of investment portfolios in the form of a list of cryptocurrencies accepted on our platform.
We made this selected list because we have been in the financial market for over 4 years and what we have understood over the years has helped in building our client base while impacting lives positively by meeting the financial goals of every investor.
Our use of expert trading specialists, allows our traders to make informed decisions, based on a deeper understanding of the markets.
If the conditions are not right we don't trade and therefore minimize clients exposure to risk. With Cryptoinvestment we set a stop loss level, this means we will sell out of any investment before it falls below a nominated point, our traders can also take profit level to help maximize profits.
Diversification is an important risk buffer which is why most of our clients opt for trading in a range of cryptocurrency portfolios. If one commodity is down on a price level, those performing more strongly can provide a buffer.
The security of our clients investment have always driven our decisions, which is why we choose to stick to investing.
Depending on your chosen "Forex" investment portfolio, our entry point begins with a minimum of $500 and $100,000 on our different portfolios on Forex investing.
A weekly profit coupon payment of 5% - 10% weekly and total profit margin of well over 240% during your entire period of investing.
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
FOREX INVESTMENT PLANS
|Coin||Minimum Investment||Maximum Investment||Weekly Profit||Monthly Profit|
|Bitcoin (BTC)||2||unlimited||5%||20%||Invest now|
|Bitcoin Cash (BCH)||10||unlimited||5%||20%||Invest now|
|Ethereum (ETH)||10||unlimited||5%||20%||Invest now|
|Ethereum Classic (ETC)||1000||unlimited||5%||20%||Invest now|
|Litecoin (LTC)||50||unlimited||5%||20%||Invest now|
|Dash (DASH)||10||unlimited||5%||20%||Invest now|
|Zcash (ZEC)||10||unlimited||5%||20%||Invest now|
|Forex (mini)||500||99,999||5%||20%||Invest now|