1. Foreign Exchange - FOREX
2. Precious Metal (Gold, Silver)
3. Contract For Differences - CFD
Investing in 'Forex - FX'
Forex stands for foreign exchange. Sometimes it’s also called FX.
A simple way to understand the forex market is to think of it as changing money when you travel abroad. When you change money, you sell one currency and buy another at the current exchange rate. This is because the value of your own currency is not equal to the value of the currency you wish to buy. In effect, you have traded currency and this is very similar to forex trading.
One of the largest financial markets in the world
Currencies constantly need to be exchanged in order to conduct business and for there to be trade between countries. This makes the forex market one of the largest, most liquid financial markets in the world. To put this into context, the daily volume of trades on the London Stock Exchange is USD7 billion, whereas the daily volume on the forex market is USD4 trillion.
Unlike other financial markets, such as stocks or commodities, the forex market has no central location or exchange. The market is so large that it’s unlikely to be affected by one person or one company – it takes much bigger processes to influence the direction of the market.
In simple terms, it’s the simultaneous buying of one currency and the selling of another. When you trade forex, you can trade with a broker through a trading platform. Currencies are always traded in pairs, for example GBPUSD (trading the British pound against the US dollar). The first currency in the pair is known as the “base” currency, the second one is the “quote” currency. They are also often referred to as “buy” and “sell” or "offer" and "bid". A GBPUSD price of 1.5531 means that GBP1 buys you USD1.5531.
A simple way to understand the forex market is to think of it as changing money when you travel abroad. When you change money, you sell one currency and buy another at the current exchange rate. This is because the value of your own currency is not equal to the value of the currency you wish to buy. In effect, you have traded currency and this is very similar to forex trading.
One of the largest financial markets in the world
Currencies constantly need to be exchanged in order to conduct business and for there to be trade between countries. This makes the forex market one of the largest, most liquid financial markets in the world. To put this into context, the daily volume of trades on the London Stock Exchange is USD7 billion, whereas the daily volume on the forex market is USD4 trillion.
Unlike other financial markets, such as stocks or commodities, the forex market has no central location or exchange. The market is so large that it’s unlikely to be affected by one person or one company – it takes much bigger processes to influence the direction of the market.
In simple terms, it’s the simultaneous buying of one currency and the selling of another. When you trade forex, you can trade with a broker through a trading platform. Currencies are always traded in pairs, for example GBPUSD (trading the British pound against the US dollar). The first currency in the pair is known as the “base” currency, the second one is the “quote” currency. They are also often referred to as “buy” and “sell” or "offer" and "bid". A GBPUSD price of 1.5531 means that GBP1 buys you USD1.5531.
Investing in 'Precious Metal'
Gold has been the universal symbol of wealth for civilizations throughout the ages. Ancient cultures created gold jewelry and early forms of money were crafted from gold. Though thousands of years have passed, the fascination with gold remains as strong as ever.Investing in gold and other precious metals has been attracting a lot of attention lately. You’ve probably heard the ads proclaiming “gold has never been worth zero.” The metal has, according to the ads, retained intrinsic value regardless of economic conditions. The gold bugs would have you believe that at some point in the future, your money won’t be worth the paper it’s printed on. Based on what has happened to the world economies over the past couple of years, their argument is gaining credibility and popularity in many investment circles.
Investing in 'Contract For Differences - CFD'
An arrangement made in a futures contract whereby differences in settlement are made through cash payments, rather than the delivery of physical goods or securities. This is generally an easier method of settlement because losses and gains are paid in cash. CFDs provide investors with the all the benefits and risks of owning a security without actually owning it.
Choose from some of the major index CFDs. The Wall Street 30, US Tech 100, UK 100, German 30 and French 40 are just some of the index CFDs we provide. Through our wide range of commodity CFDs you can trade gold, silver, copper, sugar, corn, soybean, light sweet crude and brent crude oil, gas oil as well as carbon emissions.
