What is Forex?
Forex Trading or Foreign Exchange market is open 24 hours a day, 5 days a week. the Forex is considered to be the largest and most liquid trading market in the world with daily volumes exceeding $4 trillion surpassing any other exchange based market in the world today.
Foreign Forex Trading Exchange involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
MetaTrader 5 is the latest and most advanced online Forex CFD’s trading platform. Trading using Baazex MT5 Platforms gives the traders full access to the Global Derivatives products in Financial markets including Foreign Exchange, Metals, Commodities, Futures and Indices.
Why Do Forex Trading
- Spreads from 0.1 pips.
- Access to 120+ Currency Pairs.
- 0.10s Average execution speed.
- All trading strategies enabled.
- Leverage up to 1:500.
Broaden your trading opportunities
How to do Forex Trading
In Forex Trading or Foreign Exchange Market , the value of each currency depends on the supply and demand for it. Therefore, determining the "Exchange Rate" between the two currencies, which is continually fluctuating. The Exchange Rate itself is basically the difference between the value of one currency against another.
It’s this exchange rate that determines how much of one currency you get in exchange for another, e.g. how many pounds you get for your euros.
Join Baazex on the go
Get yourself hooked to a new job by becoming an Introducing Broker. It’s simple, promising, and highly beneficial. All you need to do is to bring your clients to us and make them trade in Forex. In return , get a good load of commission, and not only for getting us a client but also every time your introduced client trades.