Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

GlassOnion

Overview of Trading Forex Online

Recommended Posts

How a Forex system operates in real time

Online foreign exchange trading occurs in real time. Exchange rates are

constantly changing, in intervals of seconds. Quotes are accurate for the time

they are displayed only. At any moment, a different rate may be quoted.

When a trader locks in a rate and executes a transaction, that transaction is

immediately processed; the trade has been executed.

Up-to-date exchange rates

As rates change so rapidly, any Forex software must display the most up-todate

rates. To accomplish this, the Forex software is continuously

communicating with a remote server that provides the most current exchange

rates. The rates quoted, unlike traditional bank exchange rates, are actual

tradable rates. A trader may choose to “lock in” to a rate (called the “freeze

rate”) only as long as it is displayed.

Trading online on Forex platforms

The internet revolution caused a major change in the way Forex trading is

conducted throughout the world.

Until the advent of the internet-Forex age at the end of the 1990’s, Forex

trading was conducted via phone orders (or fax, or in-person), posted to

brokers or banks. Most of the trading could be executed only during business

hours. The same was true for most activities related to Forex, such as making

the deposits necessary for trading, not to mention profit taking. The internet

has radically altered the Forex market, enabling around the clock trading and

conveniences such as the use of credit cards for fund deposits.

Forex on the internet: basic steps

In general, the individual Forex trader is required to fulfill two steps prior to

trading:

• Register at the trading platform

• Deposit funds to facilitate trading

Requirements vary with each trading platform, but these steps bear further

discussion:

Registering

Registration is done online by the individual trader. There are various forms

used in the industry. Some are quite simple, where others are longer and

more time-consuming. In part, this can be attributed to governmental or

other authorities’ requirements, though some Forex platforms require more

information than is actually needed. Some even require a face-to-face

meeting, or to obtain hard copies of required documents such as a passport,

or driver’s license.

The key requirements for registration are the trader’s full name, telephone,

e-mail address, residence, and sometimes also the trader’s yearly income or

capital (equity) and an ID number (passport / driver’s license / SSN / etc.).

Typically, the Forex platform is not required to run a thorough check, but rely

on the registrant to be truthful. Nevertheless, each Forex platform conducts

certain routines, in order to check and verify the authenticity of the details

provided.

Registrants are required to declare that funds used for trading are not in

question, and are not the result of any criminal act or money laundering

activity. This is mandatory as part of a global anti-money laundering effort .

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • CART Maplebear stock, watch for a top of range breakout at https://stockconsultant.com/?CART
    • MAR Marriott stock, watch for a top of range breakout at https://stockconsultant.com/?MAR
    • CLOV Clover Health stock, nice rally watch for a continuation breakout at https://stockconsultant.com/?CLOV
    • PAYO Payoneer stock, watch for a top of range breakout at https://stockconsultant.com/?PAYO
    • Date: 5th February 2025.   Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High.   Futures for US and European stocks retreated, shrugging off gains in Asian markets as investors assessed the latest earnings from Wall Street tech giants and growing concerns over the US-China trade war. Gold prices soared to an all-time high, continuing a nearly 1% rally from the previous session, as escalating trade tensions drove demand for safe-haven assets. Global Stock Market Performance Euro Stoxx 50 futures declined 0.4%, while S&P 500 futures slipped 0.5%, weighed down by post-market declines in Alphabet Inc. and Advanced Micro Devices Inc. Asian stock markets advanced for a second straight session, though Chinese equities fell as the market reopened after the Lunar New Year holiday. The yen strengthened against the US dollar, while gold surged on increased risk aversion. Tech Stocks and Trade War Concerns Asian technology stocks mirrored their US counterparts’ gains, but investor sentiment toward China remained cautious. Markets reacted to Beijing’s swift but measured retaliation after the US imposed a 10% tariff on all imports from China. Compared to the aggressive tit-for-tat measures during Trump’s first term, President Xi Jinping appears to be taking a more calculated approach. US Jobs Report and Federal Reserve Rate Policy The US 10-year Treasury yield declined alongside the US dollar index, after data revealed a larger-than-expected drop in job openings for December, hitting a three-month low. The weaker US labour market data reduced fears of aggressive Federal Reserve rate hikes, pushing the US dollar lower and creating a favourable setup for Asian markets. Investors now turn to the US ISM services report for further clues on the Fed’s rate policy, with analysts expecting a slowdown in activity due to winter storms and wildfires. Trump Signals No Urgency for US-China Trade Talks President Donald Trump told reporters he’s in no rush to negotiate with Chinese President Xi Jinping, stating that he’ll engage in discussions “at the appropriate time.” Market analysts are concerned that prolonged uncertainty over trade negotiations could lead to increased stock market volatility, especially in China. Despite the delays in trade talks, Trump has shown that he is willing to negotiate, so markets will continue to watch closely. In a surprising move, the US Postal Service temporarily suspended international shipments from China and Hong Kong. While the reason remains unclear, the suspension follows Trump’s repeal of the de minimis rule, which previously allowed small Chinese shipments under $800 to enter the US duty-free. US-China trade tensions remain a major market risk and if both sides delay their tariff measures, markets will respond positively, but further escalation could trigger renewed volatility. Gold Prices Surge as Investors Seek Safe Havens Gold prices skyrocketed to a record high of $2,861 an ounce, fueled by concerns over trade disputes, geopolitical instability, and potential inflation risks. Beijing’s measured response to US tariffs was notably softer than its previous retaliatory actions, yet investors remain cautious about its long-term effects on global trade and monetary policy. Adding to market uncertainty, Trump proposed a US-led reconstruction plan for Gaza, further fueling demand for safe-haven assets like gold. The gold market is benefiting from rising geopolitical risks, including US-China trade uncertainty and tensions in the Middle East. Regardless of US dollar movements, gold demand remains strong.     US Dollar Weakens Amid Market Uncertainty The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. A weaker dollar generally boosts gold and commodity prices, making them more affordable for international buyers. Spot gold gained 0.7%, trading at $2,861.22 per ounce as of 6:29 a.m. in London. Meanwhile, silver and platinum also advanced, while palladium declined. Even before the latest US-China tariffs, the precious metals market was experiencing heightened volatility. Gold and silver prices in the US surged above international benchmarks, leading to a rush of large-scale shipments into the country ahead of potential tariffs. The uncertainty also caused a spike in lease rates for gold and silver, as traders scrambled to secure short-term loans for metals stored in London vaults. Crude oil prices slipped, as global growth concerns stemming from the trade war overshadowed the impact of new US sanctions on Iran. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.