Forex: Trade Forex | Online Trading | Forex Broker | Uniglobe Markets


Why Trading
Forex

Uniglobe Markets offers you to access worldwide and Major currency pairs ensuring you to keep up-to-date with the latest products, trading tools and platforms.

24-Hour Market

Flexible Leverage

High Liquidity

No Commisssion

FX or Forex describes the Foreign Exchange Market, a marketplace where the world’s various currencies are traded. Its huge volume and fluidity made the Forex market the largest and most significant financial market in the world, with well over $4 trillion traded daily which is almost 10 times larger than the stock market. Due to the fact that forex currency trading has no centralised marketplace, currencies can be traded in whatever market is open at any given time, creating a great opportunity for traders to buy and sell currencies around the clock 24 hours a day, 5 days a week with the exception of weekends.

Forex Trading Example

Selling EUR/USD

Leverage 1:300

Opening the Position

Opening price of the EURO against the US Dollar (EUR/USD) is 1.25412

You decide to sell 1 standard lot (the equivalent of $100,000) at 1.25412.

Margin required to open the position is USD $125,412/300 = USD $418.04.

Closing the Position

Closing price of the EURO against the US Dollar (EUR/USD) is 1.24323

One week later the EURO has fallen against the US Dollar to 1.24323, you decide to take your
profit by closing your selling position.

Market movement = 1.25412 – 1.24323 = 1089 points =108.9 pips

1 pip of EUR/USD (per 1 lot) = $10

Gross profit on Trade = USD $10*108.9 = USD $ 1,089

Forex pairs specifications

Symbol Description Digits Contract Size Typical spread Leverage
(up to)
Swap Long Swap Short Trading Hours open
(Monday)
Close
(Friday)
AUDCAD Australian Dollar vs Canadian Dollar 5 100000 1.9 200 -3.9 -2.1 0:00:00 23:59:59
AUDCHF Australian Dollar vs Swiss Franc 5 100000 1.8 200 -4.4 -0.3 00:00:00 23:59:59
AUDJPY Australian Dollar vs Japanese Yen 3 100000 1.8 200 -4.3 0 00:00:00 23:59:59
AUDNZD Australian Dollar vs New Zealand Dollar 5 100000 1.9 200 -2 -6 00:00:00 23:59:59
CADCHF Canadian Dollar vs Swiss Franc 5 100000 2 200 -4 -2 00:00:00 23:59:59
CADJPY Canadian Dollar vs Japanese Yen 3 100000 1.7 200 -5.5 -2 00:00:00 23:59:59
CHFJPY Swiss Frank vs Japanese Yen 3 100000 2 200 -1.7 -6 00:00:00 23:59:59
EURAUD Euro vs Australian Dollar 5 100000 1.7 200 -2.8 -11 00:00:00 23:59:59
EURCAD Euro vs Canadian Dollar 5 100000 1.9 200 -2 -9.8 00:00:00 23:59:59
EURCHF Euro vs Swiss Franc 5 100000 1.8 200 -3 -2.7 00:00:00 23:59:59
EURGBP Euro vs Great Britain Pound 5 100000 1.8 200 -0.9 -4 00:00:00 23:59:59
EURUSD Euro vs US Dollar 5 100000 0.8 200 -0.7 -9.7 00:00:00 23:59:59
EURJPY Euro vs Japanese Yen 3 100000 1.3 200 -2.3 -4.7 00:00:00 23:59:59
EURNZD Euro vs New Zealand Dollar 5 100000 0.9 200 -1.8 -9.7 00:00:00 23:59:59
GBPAUD Great Britain Pound vs Australian Dollar 5 100000 1.9 200 -3.4 -7.7 00:00:00 23:59:59
GBPCAD Great Britain Pound vs Canadian Dollar 5 100000 2.5 200 -3.4 -8 00:00:00 23:59:59
GBPCHF Great Britain Pound vs Swiss Franc 5 100000 1.9 200 -6 -0.7 00:00:00 23:59:59
GBPJPY Great Britain Pound vs Japanese Yen 3 100000 2.1 200 -5 -4 00:00:00 23:59:59
GBPNZD Great Britain Pound vs New Zealand Dollar 5 100000 2.5 200 -2.1 -10.6 00:00:00 23:59:59
NZDCAD New Zealand Dollar vs Canadian Dollar 5 100000 1.9 200 -4 -1.8 00:00:00 23:59:59
NZDCHF New Zealand Dollar vs Swiss Franc 5 100000 1.9 200 -6 -0.2 00:00:00 23:59:59
NZDJPY New Zealand Dollar vs Japanese Yen 3 100000 2.1 200 -6.7 -1.08 00:00:00 23:59:59
USDMXN US Dollar – Mexican Peso 5 100000 44 200 125 -510 00:00:00 23:59:59
USDNOK US Dollar vs Norwegian Krone 5 100000 21.5 200 -39.4 -19.5 00:00:00 23:59:59
USDPLN US Dollar vs Polish Zloty 5 100000 16 200 -24.5 -17.5 00:00:00 23:59:59
USDSEK US Dollar – Swedish Krona 5 100000 16.5 200 -37 -34.8 00:00:00 23:59:59
USDZAR US Dollar vs South African Rand 4 100000 62 200 52 -306.4 00:00:00 23:59:59
AUDUSD Australian Dollar vs US Dollar 5 100000 0.9 200 -1.3 -2 00:00:00 23:59:59
GBPUSD Great Britain Pound vs US Dollar 5 100000 0.7 200 -2.2 -8 00:00:00 23:59:59
NZDUSD New Zealand Dollar vs US Dollar 5 100000 0.7 200 -2.3 -1 00:00:00 23:59:59
USDCAD US Dollar vs Canadian Dollar 5 100000 0.9 200 -5 -4 00:00:00 23:59:59
USDCHF US Dollar vs Swiss Franc 5 100000 1.2 200 -5 -0.7 01:00:00 23:59:59
USDJPY US Dollar vs Japanese Yen 3 100000 0.9 200 -8.9 -2 01:00:00 23:59:59
USDHKD US Dollar – Hong Knog Dollar 5 100000 5.8 200 -21.3 -28 00:00:00 23:59:59
USDHUF US Dollar – Hungarian Forint 3 100000 19 200 -12 -17.3 00:00:00 23:59:59
USDRUB US Dollar – Rubble 5 100000 844 100 -1.17 -398 10:00:00 17:54:59
USDSGD US Dollar – Singapore Dollar 5 100000 16 200 -5.3 -3.8 10:00:00 17:54:59
USDTRY US Dollar vs Turkish Lira 5 100000 54 100 -352.7 200 10:00:00 17:54:59

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