Forex stands for Foreign Exchange. It is the most famous form of trading online. Forex represents one of the largest markets worldwide with an average transaction volume of $4 trillion per day. In contrast, the stock market itself has a total daily transaction of $ 84 billion on a daily basis. You see the difference, you see how powerful the Forex market is.
When we refer to Forex, many people are not familiar with the term. Why? This happens because on a daily basis people know it as exchange centers. When you go for vacations to another country, you exchange money, you just become part of the forex trade. When you buy a product online and the price is in US dollars but you pay it in euros, then again you become part of forex transactions.
Forex Trading has experienced a growth in popularity in the last 10 years. It became popular because of many advantages, like availability, being profitable in both directions, liquidity, leverage availability, international markets exposure.
Forex is available 24 hours during 5 business days. This way, you can trade major, minor and exotic currencies any time. Since availability is during all the day, and not in particular hours, it means that sudden events can happen anytime during business days.
Make profits in both directions
In Forex there are excellent opportunities to generate profits. If you believe that the price will go up, buy it and sell later when the price has already gone up. If you believe that the price will fall, sell it and collect the profit.
You can trade currencies anytime using the available leverages if you want to boost your trading presence. We are providing 3 different leverages, 1:100, 1:200 and 1:300. Leverage is a great opportunity but also risky , so be careful how you use it. Forex has a high level of liquidity, because of the large number of daily volume transactions.
Why trade Forex with us?
Horizon Invest is a leader in the trading online industry. We have been serving mainly Forex trading services in our first years in business. Soon after we had a tremendous growing number of clients who were putting their trust in our hands, we expanded on commodities , stocks and indices trading. All of this happened in 2 years. In 2009 we offered digital money trading, which resulted in an extraordinary asset to be traded.
We have built a solid trading infrastructure which includes two trading platforms, three trading accounts, trading analysis, news & event, tools, extra indicators, advanced historical prices charts. As our client, you will have full access to financial markets assets for free, and you will be able to diversify your portfolio with the most trending assets of the moment.
Forex Pairs Categories
The major pairs are EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, and NZD/USD. They are the most traded pairs and they include USD as one of the currencies.
Minors do not include USD in their pairs. They do include EURO, UK Pound and Yen. Some of the pairs are: EUR/GBP, EUR/AUD, GBP/JPY, CHF/JPY, NZD/JPY, GBP/CAD.
Exotic pairs represent a pair currency where one currency comes from a developed country and the other one from a developing country. The most famous exotic pairs are: EUR/TRY, GBP/ZAR, AUD/MXN, USD/THB, JPY/NOK.