Forex stands for foreign exchange and is also referred to as FX. The average daily turnover in Forex is circa $3.2 trillion, making it the most traded liquid market in the world.
Since the abolition of foreign exchange controls in 1979, London has become the largest Forex market in the world, meaning that trading terms are more competitive in the UK than anywhere else.
In a Forex trade you buy one currency while simultaneously selling the other currency, known as a pairs trade (i.e. buy Euro – sell US Dollar EUR/USD)
The benefits of trading in Foreign exchange
In addition to the benefits below, please be aware of the risks at the bottom of this page. FX trading is high risk and not suitable for everyone.
- Trade around the globe 24 hours a day, 6 days a week on live prices from Tokyo to New York
- Leverage trades on margin of up to 100 times at competitive rates
- Choose from over 145 live Forex currency crosses
- Trade spreads from 2 pips
- Hedge against overseas mortgage exchange rate costs
- Deal instantly using Saxo’s award winning trading platform
- Take advantage of the latest economical trends and respond immediately to currency fluctuations
- Use stop losses to limit downside risk
- Attend our free professional seminars
Learn about getting started in Forex and develop your understanding of currency trading strategies -understanding the jargon and adopting a professional approach to Forex trading.
Apply either technical or fundamental strategy models to spot trends and trade successfully.
Strategy models including (BO) Break Out (TR) Trend Following (SST) Short-term Swing Trading and more.
With Collins Sarri Statham Investments you can trade confidently with the help of our daily technical analysis, trading strategies and up-to-the-minute news about the Forex markets.
FX trading is a margined product and carries a higher degree of risk. Due to the leverage involved it is possible to lose more than your initial capital. Bear in mind that if markets move against you, additional payments may be required.
Click here to view our full Forex risk warning
Please note that any performance figures / data / results / projections / graphs shown do NOT take into account any reduction in value of the investment (s) resulting from the remuneration* received by CSS or charges such as Stamp Duty (i.e. a ‘gross basis’). CSS believe this approach gives continuity with how we have shown such information during 2012 and reduces the possibility of clients finding comparisons of 2012 & 2013 data to be misleading or confusing, which could be the case if in 2013 CSS changed to showing such information on a ‘net basis’.
*remuneration covers any fees, commission, charges received by CSS.