WHAT IS FOREX?

Forex is the largest financial market in the world with a daily turnover of approximately $6.6 Trillion. It operates through a global network of banks, companies and individuals who constantly buy and sell currencies from each other. The Foreign Exchange market has no physical location and operates 24 hours a day.

xtracts.org offers Forex major, cross and exotic pairs to trade in the Forex markets with deep liquidity. Benefit from the best trading tools and cutting-edge MetaTrader 4 and MetaTrader 5 trading platforms, available on all our accounts.

ONLINE TRADING

You can trade currencies online through brokers. With a broker like xtracts.org, you can trade currencies online and take advantage of the constantly fluctuating exchange rates. You can buy and sell different currencies and make a profit as the exchange rates change. Trading Forex online with a broker has many benefits. You can trade Forex from anywhere that has an Internet connection.

Trading with leverage

Leverage is using a small amount of money to control a large amount of currency. Most Forex traders and investors buy and sell currency pairs using leverage. The leverage associated with currency pairs is one of the biggest benefits of the forex markets, but also one of the biggest risks. Leverage gives traders and investors the potential to make large profits or large losses. But, if investors manage risk and limit leverage, they could capture the benefits of forex investing, including the ability to trade 24 hours a day and capitalize on different market trends. Leverage works by using a deposit, known as margin, to provide you with increased exposure to an underlying asset.

The best way to understand leverage is through an example of how it affects your profit or loss potential. For example, if you trade with no leverage at all and invest 1 thousand dollars, for every 1% move in the market, you can gain or lose $10, which equals 1% of one thousand dollars.

In comparison, if you were to invest the same 1 thousand and trade using 1:100 leverage, the dollar value of your position would be equal to one hundred thousand dollars.

1% of a hundred thousand equals one thousand, so for every 1% move in the market, you can gain or lose one thousand dollars.

TRADE FOREX WITH xtracts.org

Start trading with xtracts.org on over 55 Forex pairs with the tightest spreads in the industry.

• SPREADS

  Starting from 0.0 PIPS, xtracts.org offers one of the most competitive spreads in the market.

• LEVERAGE

  With up to 500:1 leverage, users can increase their buying power, making a difference to the affordability of their trades.

• 55+ CURRENCY PAIRS

  There is a wide number of currency pairs, and they are classified into major, minor, and exotic currency pairs.