Forex is an exchange market formed in early 1970s as a result of the replacement of currency policy fixed in world trade by a changed currency policy. Henceforth, the principle of agreement between buyer and seller has become to serve as a basis of mutual exchange of separate currencies.
Unlike traditional financial markets, Forex does not require a special trading area as in the sale of stocks and currency futures. Trading transactions in Forex market are made via computer terminals and mobile phone devices. Trading sessions have a time limit in futures and stock markets, while Forex market is open for trading for 24 hours throughout.
No. If it is possible to earn only from rises in prices in share market, it is possible to earn from both rises and drops in prices in Forex market.
Open a trading account and start trading with virtual funds. Try yourselves in prize contests.
You may use the rich library provided in our website by following this link: https://mfx.az/az/library
You can send an email to firstname.lastname@example.org , where you should specify your “Meta Trader” login credentials, or contact us through online chat.
Except for Saturday and Sunday you may incessantly make trading transactions for the rest 5 days a week.
No restriction to the number of transactions.
No fees charged by "MFX Trading Investment Company" for the remittance.
The funds received in national currency or any currency other than US dollars will be converted into deposit currency (US dollars) at MFX Trading Investment Company rates for that day and transferred into your balance.
Here the principle of trading is simple: buying a currency pair for cheaper price and selling for more expensive one, or vice versa, selling for expensive and buying for cheaper price. Continous changes in currency quotations make favourable conditions for profit. There are lots of huge buyers of this or another currency that can regularly convert one currency into another in their business activity irrespective of quotation difference. For instance, state authorities, huge trade companies and financial institutions may be such buyers. Currency quotations constantly fluctuate that allows traders to produce profit from such fluctuation.
Most of all liquid currencies are traded which belong to developed countries with stable political systems, strong economy and less inflation. Today 85% of trade in currencies is shared by US dollar (USD), Japan yen (JPY), Euro (EUR), British pound (GBP) and Swiss franc (CHF). The most traded currency pair is EURO-USD.
For individuals – $300
For legal entities –1000$.
14. What is margin?
Margins is a credit provided by the investment company in order to make transactions in the Forex market. This is the difference between the total value of assets in the investor's account and the amount of loan taken from a broker. Margin is also interpreted as the amount of collateral that needs to be insured against trading losses. The margin requirement allows you to maintain trading positions that are largely higher than the balance of your deposit.
Suppose that the Bank’s leverage for EUR-USD currency pair is the ratio 1:100 or 1.
Current quotation of EUR-USD is 1.1520.
The margin for 1 lot (100000) trading position will be calculated as following:
Margin =1.1520*100000*0.2/100=1 152.00$
If the real balance on your account falls below the threshold set by the MFX Trading Investment Company, then the "Margin Call" is activated, and you need to add funds to the account with additional money. The "Margin Call" level set by MFX Trading Investment Company is 100%. If this indicator drops to 20%, then “Stop Out” is triggered and all positions are automatically closed. The system automatically closes the positions from highest to the lowest value in order to raise the margin level above the minimum.
"Stop loss order" is the most valuable instrument to mitigate risks. In order to minimize loss "Stop loss order" functions to automatically close open position when the quotation comes up to the limit deemed as risky.
Yes. We provide similar favourable conditions and opportunities for all customers to make transactions with mini (0,1) as well as micro (0,01) lots.
To open Real account please enter here: https://mfx.az/az/menus/22/otkryt_real_nyy_schet
You will have no further charges with MFX Trading Investment Company. You may download trading platform that contains flows of live news absolutely free of charge.
Fill in the PDF file provided on our website and send it to the following email address: email@example.com. Your funds will be deposited into your current bank account shortly after your application has been processed.
You can get information about the prices of the item from the Trader's Calculator
The maximum leverage level for new investors in Forex is 1:30.
For institutional investors (investment companies, investment funds, lending institutions, insurers, central banks, etc.) and professional investors, the maximum leverage level determined by the company is 1:50.
After downloading MFX Trading Station not all of the symbols that are available in the platform may be immediately displayed. To prevent this, please visit “Market Review” section of the platform, click on the right button of the mouse and activate “Display all symbols” function in the context menu.
To open a training account, simply download our MetaTrader 5 platform and register.