What is Forex Trading?

Forex trading is the practice of exchanging one currency for another, with the hope that the value of the currency you are buying increases against the one you are selling over time. For this reason, currencies are traded in pairs, as you buy one and sell the other at the same time. The forex market is the largest and most liquid in the world, with over $5.1 trillion in transactions a day, offering many opportunities for new and experienced traders. 

Why Trade Forex?

The forex market is open 24 hours a day, five days a week, providing a flexible way to trade. This is because it opens in New Zealand and continues across other financial institutions in Asia, Europe and the Americas, throughout the working week. The overlapping time zones guarantee at least one trading centre will be open, whether you want to buy and sell currencies in the early morning, late at night or any time in between. 

Over 60 currency pairs can be traded with ADSS, including a variety of major and minor currencies. These are ideal for both new traders getting started and experienced traders looking to diversify existing portfolios. The potential to go long or short to profit provides added flexibility. Leverage of up to 20:1 enables returns to be maximised from minimal initial investments, with low spreads and no commission as well.

Forex Trading for Beginners

With a Demo account you can practice trading forex first to get a good understanding of the market and how it works first. The free Demo account provides a great way to do this risk-free for new traders, while experienced traders can use it to test different strategies without placing their own money on the line. 

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