Forex
Trade the world’s most liquid market
Forex
50+ FX pairs
Spreads from 0.0pips
No dealing desk
Register and start trading today
What is the forex market?
The forex market is the most liquid market in the world with over $5 trillion of volume per day worldwide. It is open 24 hours a day, 5 days a week, starting in Sydney, then Tokyo followed by Europe and finally the Americas. The market opens late on Sunday evening and then closes late on Friday. Forex trading is all about speculating what one currency pair will do against another. iQuoto gives you access to 50+ FX pairs with low spreads and low latency execution. For more financially related posts, we recommend to visit skrumble.com.
How does forex trading work?
Trading forex is similar to trading futures or stocks but when trading the forex market, you are buying or selling one currency against the other. One of the biggest advantages with trading forex is that you as a trader can use minimum margin to open a position with leverage applied, which can be as high as 30:1, this is different to trading shares with no leverage. Leverage allows traders to trade with more money than what they actually have in their account. In other words, if you have leverage of 30:1 you could use a £1000 deposit to control £30,000 worth of currency. Using leverage can certainly increase your gains but it can also result in increased losses if the risk is not managed.
Market participants
Speculative traders
Investors trade currencies to gain profit. Most traders are speculative by analyzing the market and political news (fundamentals) and/or studying the chart (technicals). Unlike, other markets, in FX you can make profit from a currency losing value and also gaining value. All you have to do is trade the right direction.
Commercial traders
Large corporations trade on the FX market to control revenues and expenses incurred in various currencies through hedging where a trade or multiple trades are opened/placed in order to try and minimize on the losses in other trades and currencies.
Major forex currency pairs
United States Dollar
Symbol: USD
Country: United States
Nickname: Greenback, Buck
Swiss Franc
Symbol: CHF
Country: Switzerland
Nickname: Swissy
Euro
Symbol: EUR
Country: European Members
Nickname: Fiber
Canadian Dollar
Symbol: CAD
Country: Canada
Nickname: Loonie
Japanese Yen
Symbol: JPY
Country: Japan
Nickname: Yen
Australian Dollar
Symbol: AUD
Country: Australia
Nickname: Aussie
Great British Pound
Symbol: GBP
Country: Great Britain
Nickname: Sterling, Cable
New Zealand Dollar
Symbol: NZD
Country: New Zealand
Nickname: Kiwi
Why choose iQuoto?
Spreads from 0.0pips on FX
No restrictions on trading styles
Trade on MetaTrader 4
Quick trade execution
Deep liquidity pools from top tier providers
Bespoke customer service
MetaTrader 4 trading platform
Online trading through MetaTrader 4, which is accessible via Windows, iPhone, iPad and Android devices.
Trading Address
iQuoto Limited
150 Minories
London
EC3N 1LS
United Kingdom
+44(0) 203 9506214
info@iquoto.com
Risk Disclosure
Our products are aimed at retail clients, professional clients and institutional clients. FX and CFDS are complex leveraged products which are traded on margin. Trading in FX and CFDs is high risk and may not be suitable for everyone, ensure that you fully understand the risks. You may sustain a loss of some or all of your invested capital. For more information please refer to our Risk Disclosure.
78.01% of retail investor accounts lose money when trading CFDs with iQuoto.
Regulation
iQuoto Limited is an Appointed Representative (FRN 826970) of Kapwealth Limited a firm, authorised and regulated by the Financial Conduct Authority.
iQuoto Limited doesn’t hold any client funds and uses third-party custodian services. These services are authorised and regulated by the Financial Conduct Authority.
Registered Address: 26/27 Van Alloys Business Park, Stoke Row, Henley-On-Thames, England, RG9 5QW.
The information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Belgium, Japan or any particular country and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.