The basic concept of the ForexChief project is creation of a unique platform for online trading in currency contracts and precious metals on conditions of Margin Trading. The foundation of the project's technological infrastructure is built on STP/NDD model allowing not only avoid a conflict of interests between the company and the client, but also, in general, increase service quality by means of narrow spreads and high speed of trading order execution.
Why Forex ?
Forex is the global currency exchange market with the daily turnover of several trillion US Dollars. That is the largest financial market in the world where thousands of banks and individual traders from various countries are involved in currency trading. Despite the fact that currency contracts are also traded at stock exchanges platforms, Forex, in its nature, is a decentralized market, and it is wrong to call it a stock exchange.
Profitable Forex Trading
The advantage of Forex trading for the trader is that the trader carries out transactions in the volumes that exceed the required size of trading capital many times. In other words, the broker provides a «credit leverage» to the trader backed by a certain quantity of funds on this trader's trading account. This way, the marginal principle of trading allows a speculator to earn both on the rise and on the fall of currency exchange rates.
Margin Online Forex Trading
Margin trading, as the basic principle of the foreign exchange market, is a guaranteed opportunity to participate in small and medium-sized investor currency dealing. The mechanism of margin transactions assumes carrying out of trading operations on the foreign exchange market with the use of leverage. In this regard, the deposit that is on the trader's account plays as a pledge (margin) when conducting transactions with financial instruments.
Foreign exchange market has many areas that allow to make profit. By no means, every trading system suits a specific type of trading or a certain currency pair. It is always advisable to combine the operating capacity of the personal tool and the market, where a specific operation is carried out. It is because one method will work on a quiet market and the other will be the most effective in case of strong jumps and movements.