Forex
The forex market has a daily turnover of several trillion dollars,
making it the world's largest trading market
Forex Facts
- 24-hour continuous trading
- Fair and transparent
- High liquidity
- Two-way trading
- Rich trading varieties
- 300:1 leverage
- Minimum transaction 0.01 lots
Kwillow International Limited aggregates quotes from more than 50 banks around the world, with spreads as low as zero, allowing traders to experience the same depth of liquidity and spreads as many of the world's largest banks and financial institutions.
Kwillow International Limited benefited from the cooperation of a number of top liquidity providers and Metatrade's bridging technology, with a combination of order-driven and quotation-driven hybrid trading mechanism, ensuring no delays in order transactions and fast executions.
Forex Account FAQs
What is forex?
Forex is the abbreviation of international exchange. Foreign exchange is a means of payment for international settlement expressed in foreign currency. Such payment means include credit instruments and securities in foreign currency, such as bank deposits, commercial drafts, bank drafts, bank checks, foreign government treasury bills, and long-term and short-term securities.
What is forex trading?
Forex trading is the world's largest financial market, with an average daily trading volume of $5.3 trillion. Forex trading buys one currency and sells another, so it always trades in pairs. Forex quotes are also constantly floating based on market demand and supply.
Where is the foreign exchange market?
Foreign exchange is a strong global system. The foreign exchange market does not have a central location and there is no single center. Unlike the stock and futures markets, foreign exchange trading is not traded on exchanges, but there are no central exchanges and private investors between OTC transactions, banks, governments, and hedge funds. Forex trading is available from Monday to Friday. It can be operated 24 hours a day。The main forex markets are London, New York, Tokyo, Singapore, Frankfurt, Zurich, Hong Kong, Paris, Los Angeles, and Sydney.
What is the unit of forex trading?
Each foreign exchange transaction is exchanged for one currency to another. The basic trading unit of foreign exchange margin investors is called “lot” and consists of 100,000 units of basic currency (but some brokers can arrange to trade in mini lot, with 10,000 yuan as the basic unit of trading, or 0.1 lot.
What does it mean to do more and short in forex trading?
When you buy a currency, you are “doing more” on the currency. Multiple positions are established at the seller's asking price. When you sell a currency, you are "short" the currency. The short position is established by the buyer's bid.
