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forexnx

forexnx is blooming forex trader who believes in customer satisfaction, for more info click on http://www.forexnx.com

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forexnx

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  1. Welcome to Forexnx.com

  2. Our website: www.forexnx.com

  3. Advantages of forex trading over Stock • High Leverages • Fundamental Consideration • Liquidity • More Freedom • 24hrs Markets

  4. Advantages of Forex Trading • High Leverages • High Liquidity • 24hrs Markets • Low Transaction cost/ Spread • Profit Potential from Rising and Falling prices/ Two way market • No middleman charges • No Commission

  5. 24hr market Monday to Friday • Market update at morning 5.30am daily Monday to Friday • Market opens at Monday 2.30 am and close at Saturday 2.30am….

  6. Clients can do trading in total 18currencies and also they can trade in commodities like Gold & Silver Minimum deposit of 100$ One day forex turnover = 5trillion $

  7. How to Analysis the Market • Fundamental Analysis • Technical Analysis

  8. Types of Currency pair • Major Currency • Cross Currency • Exotic Currency

  9. Account Types

  10. What is Leverages? Buying and Selling Power

  11. What is Bid price? Bid price means selling prices • What is Ask price? Ask price means buying prices • What is Spread? Spread means difference between bid price and ask price currencies • What is Pip? A smallest point.

  12. Technical Terms • Base currency: Fist currency pair is known as base currency • Quote currency: Second currency is known as quote currency. EUR/USD Base currency Quote Currency

  13. Types of Currency Position LongPosition Short Position • Long Position is Buy Position A trader opens long position with aim of selling the base currency at a higher price at a later time • Short position is Selling Position A trader opens a short position with aim of buying the base currency at a lower price at a later time.

  14. What is Lot? A Lot is amount the buyer and seller are committed to at the moment the position is opened. Ex: 0.01 is 1000 units of base currency..

  15. How to calculate lot as profit/lose? Profit = lot x 10 For ex: 0.10lot = 0.10 x 10 = 1 1$ profit/lose

  16. How we calculate spread (brokerage)? Bid price 1.3520 Ask price 1.3524 How much points difference you can see? 4points That’s our spread charge….. (Brokerage) Spread is charged one time and it’s a fix charges when client opens a new deal…. After that whatever is the profit that’s clients profit.

  17. How dose market woks? For ex: Order price =1.8000 Position = Ask (buy) 10+ = 0.04 Current price = 1.8150 1.8000 – 1.8150 = 150 0.04= 0.40x150 = 60 P/L = 60 (Profit) -------------------------------------------------------------------------------------- Order price = 1.8025 Position = Bid (Sell) 10+ = 0.05 Current price= 1.8150 1.8025 – 18150 = 125 0.04 = 0.50x125 = 62.5 P/L = -2.5 Loss

  18. O = OPENING PRICE ( This price is updated daily 5.30am Monday to Friday) H= HIGHEST PRICE L= LOWEST PRICES

  19. What is T/P & S/L T/P means Take profit. Is an automated order you set that your account will liquidate a particular currency position if it reaches a certain level of profit…. S/L means Stop Loss. Is an automatic close of a trade that you can set to happen if your currency goes in a direction that would cause you to lose money…

  20. Types of Traders TYPES OF TRADERS Day Trading Swing Trading Position Trading • Day Trading • Scalping • Fading • Daily Pivot • Momentum Trading

  21. Types Of Currency Pair Major Currency Cross Currency Exotic Currency

  22. Hedging When a currency trader enters into a trade with the intent of protecting and existing or anticipated position from and unwanted move in the foreign currency exchange rates, they can be said to have entered into a forex hedge. By utilizing a forex hedge properly, a trader that is long a foreign currency pair, can protect themselves from downside risk; while the trader that is short a foreign currency pair, can protect against upside risk………

  23. Payment Mode • Credit Card • Debit Card • Internet Banking • Bank Transfer

  24. ForexNx requires that all clients submit the the following documents: • Photo ID PROFF • ADDRESS PROFF

  25. What are benefit for doing trading in our company? • Can withdraw the profit amt in 24 working hrs • No charges at the time of withdraw other company charge 20$......... • No charges on deposits • 24 x 5 helpline (telephone services)

  26. Thank you

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