logo |

News

    Home   >     Industry    >     Main body

    How Forex Market Puts Traders into Profits?

    Abstract:In this paper, WikiFX will explain how the forex market puts traders into profits from two aspects.

      WikiFX Strategy (19 Jan.) - Forex trading is increasingly popular among investors for its easy operation and low risks. In this paper, WikiFX will explain how the forex market puts traders into profits from two aspects.

       1. Risks of the forex market

      In the international forex market, the daily volatility of the exchange rate could range from 0.5% to 1%. In the case of high trading volumes, the volatility could reach more than 5%. The market involves risks but also presents opportunities to earn high profits.

      The risks, however, could be preset accordingly. For instance, one can set a stop loss before trading. Once you have lost the predetermined amount, the stop loss will trigger and automatically close your position.

      2. Functions of the forex market

      Hedging forex risks: Traders can enter into a forward exchange contract with the bank to avoid the losses that may incur due to currency fluctuations. Based on the contract time, traders could sell that currency forward to protect themselves from unexpected or adverse movements in the currencies' future spot rates.

      Facilitating central banks intervention: In order to maintain the fixed exchange rates, central banks would control the volatile short-term capital flows by buying/selling the surging/plunging currencies, which is favorable for investors.

      Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.

    分析-01.19.png

    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.