The foreign exchange market -or forex/FX –allows you to buy and sell currencies, and is the world's fastest growing market. You can trade currencies 5 days a week, 24 hours a day. Foreign exchange transactions are very similar to stock market trading, where you can buy low and sell high. In addition, you can also buy and sell in a bull or a bear market at any time. Ruizean Markets is on track to become the world's best foreign exchange dealers, providing our customers with a superior foreign exchange margin trading experience and CFDs.
Characteristics of Forex Trading
Market liquidity is an important indicator of whether the market is in a good condition. For example, in a boom market, active trading is encouraged by high market liquidity. Foreign exchange markets have a daily trading volume in excess of $5 trillion dollars, and the vast majority of transactions are focused on "major" currencies.
With an up to date computer, an internet connection, trading account and trading software (such as MT4), you will easily be able to participate in Forex trading. The MT4 platform is free to download, simply open a real or demo account with us, and log into your Ruizean Markets trading platform.
Long and short
Short selling forex trading gives you greater flexibility, and in both a bear and a bull market there are plenty of trading opportunities. In EUR/USD for example, with the euro against the dollar, the euro can buy low and sell high; When the euro is against the dollar, the dollar can buy low and sell high.
Low transaction costs
Ruizean Markets uses very low-cost direct quotes from top liquidity providers. Under the STP or No Dealing Desk forex execution model, we are able to offer one simple transaction fee structure, giving you unparalleled transparency for our foreign exchange trading services. With Ruizean Markets, you know the actual cost of each transaction and there are no hidden charges. In addition, we attempt to offer low spreads to our clients and also provide them with low transaction costs.
|Currency Pairs||Standard Account||Pro Account||ECN Account|
|EUR / USD||1.8 pips||0.3 pips||From 0.0 pips|
|GBP / USD||2.2 pips||1.2 pips||0.7 pips|
|AUD / USD||1.8 pips||0.8 pips||0.4 pips|
|USD / JPY||1.8 pips||0.8 pips||0.4 pips|
|USD / CAD||2.2 pips||1.2 pips||0.5 pips|
|USD / CHF||2.4 pips||1.4 pips||1.0 pips|