FOREX

Forex (Foreign Exchange Market) is an almost over-the-counter market in which country currencies are bought and sold mutually at spot prices, with no physical delivery. Forex Market is the financial market with the highest volume in the world. Basically, transactions are carried out by exchanging currencies. FOREX, which is officially accepted as a capital market service, has surpassed the transaction volume of Borsa Istanbul (BIST) and Futures and Options Exchange (VIOB). With FOREX, which started its official operations in August 2011, many changes and developments have occurred in Turkish financial markets.

The Forex market has a daily volume of 6 trillion USD, roughly 50 times the size of the largest exchanges (London, New York, Shanghai, Tokyo) combined. One of the most attractive aspects of the forex markets, where you can trade with leverage, is that the margin (collateral) amount you allocate for trading can be as small as one 100th or one 400th of your transaction volume. In summary; You can make forex transactions worth 40,000 USD with your 100 USD collateral. This means you can protect yourself from risk more easily and make profits more easily.

Forex transactions are carried out for investment, speculative and hedging purposes. The basic logic in these markets is to buy the currency that is expected to gain value, sell the other currency and make a profit or loss in line with this transaction. Those trading in the Forex market include central banks, banks, investment funds, pension funds, institutional and individual investors.

With Metatrader 5, the world’s most preferred trading platform offered by FORBEX, you can access the forex markets 24 hours a day, 5 days a week, and trade and manage your current transactions from your desktop platform or mobile phone whenever you want.