The spot foreign exchange market (also called “Forex” or “FX”) is not traded on exchange but rather accomplished over-the-counter by two counter parties. Initially, Forex was traded “Interbank” since trading was conducted only by banks trading with each other. However, with the development of information systems and technology, financial institutions introduced margin trading on foreign exchange at more competitive terms. At present, the majority of foreign exchange transactions are performed by speculators. Institutional investors, funds and government institutions contribute to the rest of the market participants.
It is estimated that daily Forex Market turnover exceeds 4 trillion U.S. Dollars in volume traded. Forex market today is essentially the largest and most liquid of the financial markets. Forex gives traders an access to the market 24 hours a day, 5 days a week, with prices being quoted to one thousandth of a cent!
Forex Template allows all types of Trading Strategies including News Trading. Forex Template accounts are suitable for all types of traders, from novice traders to real Forex experts! If you are still new to Forex trading, we would suggest you to open Forex Template Demo Account to master your trading skills. Our Demo account features benefits that the live account offers but bears no risk as the funds are virtual. Note, thAt Forex Template Account does not have an expiry date.
Ocean Markets Limited, Incorporated by the Saint Lucia under registration number 2024-00177 with a registered office at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet Saint Lucia.
Risk Advisory: Engaging in Forex and CFD trading involves inherent risks that may result in the loss of your invested capital. We strongly advise trading only with funds you can afford to lose. It’s crucial to fully comprehend the risks associated with Forex and CFD trading, and we recommend seeking independent financial advice if necessary. Kindly review and ensure you understand our comprehensive RISK DISCLOSURE Statement.
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Disclaimer: Ocean Markets Limited operates solely as an execution service and does not offer advisory services. Occasionally, Ocean Markets Limited may release general market insights; however, such communications should not be interpreted as advice, an invitation, or an endorsement for any financial instrument. Ocean Markets Limited bears no liability for the application of this content or any outcomes thereof. The completeness of this information is not guaranteed, and reliance upon it is at the sole discretion and risk of the user.
We encourage users to review our legal documents for further information and clarity on our operations.
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