What is Online Foreign Exchange (Forex) Trading?
Retail Forex trading occurs online through a trading platform, in real time. The exchange rates and the quotes change every second and are highly accurate on ForexCT's trading platform. When opening a position, it will be executed immediately without any delay.
The trading platform is connected to a remote server which provides the most recent exchange rates with no need to refresh any display page. Before trading, the private investor must register and deposit a minimum of $100.
Registration is done online through completing an electronic form. The information ForexCT requires before you begin trading are - username, full name, d.o.b, country, address, e-mail and phone number.
After filling in all these requirements, you must choose an account type- Mini (min deposit $100), Gold (min deposit $1000) and Tailored (min deposit $5000).
The ForexCT trading platform doesn’t require any additional guarantees, and allows you to trade with the entire amount deposited.
The ForexCT trading platform is web-based system which means that you can trade from any computer that connected to the internet by log in to the system. As soon as a transaction is executed, the relevant data is processed securely and sent to the data server where it is stored and backed up.
ForexCT offers you two more trading options in addition to the online trading platform:
- Dealing rooms: the client can trade via our dealing room, by phone (Tailored Accounts).
- The client can make a Forex deal: sell or buy or just get indications of the market exchange rates.
- Mobile trading platform: unique mobile technology that is made especially for ForexCT traders.
To know more about Foreign Exchange market and how it works, avail of the free e-book Foreign Exchange Guide Book from ForexCT by signing up here.