CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.” The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
Foreign exchange, also known as Forex, is the exchange of one currency into another on a decentralised global market. It’s one of the largest and most liquid financial markets in the world. There are 8 primary currencies on forex market including US Dollar, Euro, Pound, Japanese Yen, Canadian Dollar, Australian Dollar, New Zealand Dollar and Swiss Franc.
Features of Forex Trading:
Two-way trading with increased opportunity to make profit
Flexible leverage, high risk and high return
T+0 mechanism to keep track of market movements
Huge daily trading turnover and full transparency without dealing-desk invervention
Wide range of markets and trade in your style
How to Trade
With Forex trading, clients are able to benefit from any price movement regardless of direction. If you predict that prices will rise, you go long (buy) and close trades at a higher price to make a profit; alternatively if you assume prices will go down, you go short (sell) and buy the instruments back at a lower price to make a profit.
Profit / Loss = (Sell Price - Buy Price) x Contract Size x Trading Lots - Overnight Interest
*Overnight interest will be incurred for positions held overnight. Please refer to the platform for actual overnight interest.
*There are no commission charges at Acetop.
Go Long on MT5
If you buy 0.5 lot of EUR/USD at 1.3280, and close trades within the same day at 1.3300, then the total profit will be USD100 = (1.3300 - 1.3280) x 100,000 x 0.5 - 0.
Go Short on MT5
If you sell 2 lots of EUR/USD at 1.3300, and close trades within the same day at 1.3250, then the total profit will be USD1,000 = (1.3300 - 1.3250) x 100,000 x 2 ± 0 - 0.
Advantages of Forex Trading
Take advantage of competitive and transparent pricing with no commissions
Trade on margin to utilize your capital with low cost
Flexible two-way investment
Benefit from price movement regardless of direction
24/5 T+0 Trading
24-hour market with no restriction on short-term operation
Global and secure markets
High liquidity and full transparency without dealing-desk intervention