How Does it Work?
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As a Forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly.
As a Forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly.
The platform provides you with the most essential tools and resources needed to analyze the market and improve your trading performance. It is fully equipped with front-end terminals and back-office reporting functions.
The economic analysis assesses the short to medium-term determinants of price developments.Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity.
In order to trade in the financial market, traders need a program that allows them to analyze quotes, make trades and develop strategies. They also need to control their trading accounts by using some kind of mobile devices. Another group of accounts that need to be managed are investors' accounts. All of the above can be handled by the Brand new and powerful trading platform.
The economic calendar is one of the most useful tools used in forex trading.Economic calendars can cover a wide variety of topics. One of the most important is the release of government data about major economic indicators like durable goods orders, manufacturing rates, and unemployment rates. This information is released on a regular schedule and usually causes shifts in the markets.
Forex is the world's largest market, with about 3.2 trillion US dollars in daily volume and 24-hour market action.The foreign exchange market is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends.
At FXCONCORD, we believe that knowledge contributes greatly to trading success, which is why we offer our clients plenty of educational resources and tools.
Trade through your web browser on Apple and Window computers.With Tradekit you can trade wherever you are in the world, be it on your Apple or Android device.
A fundamental analyst looks at the assets, profits, and the business trends of a company and derives an estimate of fair value for the stock. If the stock price is lower than this expected value, the stock should be bought. If the stock is trading higher than what the fundamental analyst believes it to be worth, the stock should either not be bought or sold.
Orders, positions, equity and exposure online management. Live monitor for prices of financial instruments. Charts, Online News and Activity Reports
The calendar displays key global economic developments and global indices, such as: central banks' interest rates; price indexes; national financial indicators...
In forex trading, four major currency pairs are the most popular:
• EUR/USD: The euro and the U.S. dollar
• USD/JPY: The U.S. dollar and the Japanese yen
• GBP/USD: The British pound sterling and the U.S. dollar
• USD/CHF: The U.S. dollar and the Swiss franc