The word Forex is an acronym for the term Foreign Exchange. It means exchange of one currency for another on a financial market. Forex trading has been in existence since the 70’s of the XX century. It is a fast-growing and one of the most heavily traded markets in the world. The daily online trading turnover on Forex is worth almost 4 trillion US dollars.
For your information, InstaSpot offers over 100 currency pairs with a wide variety of national currencies. |
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For your information, InstaSpot offers over 100 currency pairs with a wide variety of national currencies.
Read moreLike any other market, Forex trades certain goods, namely national currencies of different countries.
The key principle of currency dynamics is the need of government agencies as well as commercial companies around the world to convert profits generated abroad into their national currencies. However, their share accounts for just 5% of the Forex turnover. The remaining 95% comes from speculative capital of currency traders who are focused on gaining profits from currencies fluctuations.
However, if you prefer trading CFDs on stocks, futures, or indices, you can use an InstaSpot account to trade them as well. |
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However, if you prefer trading CFDs on stocks, futures, or indices, you can use an InstaSpot account to trade them as well.
Read moreIt is a well-known fact that any financial market runs a serious risk of a possible collapse. However, unlike other markets (stock and commodity), Forex trading is secured from a crash thanks to the specifics of its commodity, namely a currency which is the most liquid and reliable trading instrument among all available ones.
The bulk of speculative trades (85%) are carried out involving the most popular currencies termed “majors” such as the US dollar (USD), the Japanese yen (JPY), the euro (EUR), the British pound (GBP), the Swiss franc (CHF), the Canadian dollar (CAD), and the Australian dollar (AUD).
Example: If the US dollar plummets in value, the other currency in the pair is strengthened thus reviving the market activity. Making good use of the situation, a forex trader can generate an extra profit.
Thanks to the Internet, online traders can make deals with customers from other countries. So, non-stop dynamics of foreign currency exchange rates, traders’ intellectual abilities, and state-of-the-art software make it possible to set up a lucrative business in no time. Nowadays, services of ECN brokers are gaining in popularity as they enable clients to trade with each other by offering their best bid and ask prices.
Security. Trading on Forex via the Internet, every client has their money protected by InstaSpot advanced security system.
A trader needs to deposit just 1 US dollar to an account to start trading on Forex.
InstaSpot offers its clients decent trading conditions. All you need is open a trading account and start making money.
World №1 broker gives its clients a unique opportunity to carry off the legendary luxury sports car! The campaign with Ferrari F8 Tributo as a main prize will be held from December 09, 2019 to December 09, 2022. Anyone who tops up their account with $1,000 or more and register for the campaign can compete for the posh car. The winner will be determined randomly with the help of Ferrari-number, so all contenders have a chance to win.
World №1 broker gives its clients a unique opportunity to carry off the legendary luxury sports car! The campaign with Ferrari F8 Tributo as a main prize will be held from December 09, 2019 to December 09, 2022. Anyone who tops up their account with $1,000 or more and register for the campaign can compete for the posh car. The winner will be determined randomly with the help of Ferrari-number, so all contenders have a chance to win.
The world of professional motor racing, just like the financial world, is constantly developing and introducing the latest technologies that eventually become ordinary parts of our everyday lives. This happened with turbo motors, KERS system, ceramic brakes, online trading, as well as PAMM and ForexCopy systems. Back then, it all seemed something unique and available only to chosen ones. Today, we drive electric cars and can easily trade on the global forex market via gadgets that we carry in our pockets.
The world of professional motor racing, just like the financial world, is constantly developing and introducing the latest technologies that eventually become ordinary parts of our everyday lives. This happened with turbo motors, KERS system, ceramic brakes, online trading, as well as PAMM and ForexCopy systems. Back then, it all seemed something unique and available only to chosen ones. Today, we drive electric cars and can easily trade on the global forex market via gadgets that we carry in our pockets.
InstaSpot is a title sponsor of the official participant of the Dakar rally, InstaSpot Loprais Team. This rally team is a joint project of InstaSpot, Loprais team, a regular participant of the Dakar rally, and automobile concern Tatra, which provides the team with the famous trucks. The agreement on organizing a team was signed in May 2011 by the pilot of the Loprais team Ales Loprais and the Deputy Director General of InstaSpot Dmitry Savchenko. It was a momentous event for both Loprais family and InstaSpot.
InstaSpot is a title sponsor of the official participant of the Dakar rally, InstaSpot Loprais Team. This rally team is a joint project of InstaSpot, Loprais team, a regular participant of the Dakar rally, and automobile concern Tatra, which provides the team with the famous trucks. The agreement on organizing a team was signed in May 2011 by the pilot of the Loprais team Ales Loprais and the Deputy Director General of InstaSpot Dmitry Savchenko. It was a momentous event for both Loprais family and InstaSpot.
For us, the main event of this month was the moment when the seven-millionth client joined our company! The InstaSpot family is growing, which encourages optimism and inspires us for future accomplishments.
For us, the main event of this month was the moment when the seven-millionth client joined our company! The InstaSpot family is growing, which encourages optimism and inspires us for future accomplishments.
InstaSpot is proud to announce its cooperation with famous chess master and champion Viswanathan Anand. He has been dedicated to his work since childhood. Anand is a legend who proved that nothing is impossible for those who pursue their goals. Viswanathan Anand believes that chess and trading have much in common. Both chess and trading require intelligence and experience, as well as aspiration for freedom and leadership.
InstaSpot is proud to announce its cooperation with famous chess master and champion Viswanathan Anand. He has been dedicated to his work since childhood. Anand is a legend who proved that nothing is impossible for those who pursue their goals. Viswanathan Anand believes that chess and trading have much in common. Both chess and trading require intelligence and experience, as well as aspiration for freedom and leadership.
