CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage 75.94% of retail investor accounts lose money when trading CFDs with INFINOX. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The most popular market to trade. Driven by world economies and global events, Forex traders can speculate on the forex markets any time of the day, with opportunities always available. Be involved in world events in a $5 trillion a day market. Forex traders buy and sell around $5 trillion of foreign currency daily, with constantly moving markets offering opportunities for traders at all levels.
Take advantage of market opportunities any time of the day.
Trade the currencies of major economies and developing nations.
With $5 trillion traded a day, there is a reason it’s the most popular market.
Buy and sell the strength and weakness of one currency pair against the other. Speculate on the changing value between 2 currencies. Currencies fluctuate in value based on their home economy, on related economies or on political events. INFINOX offers tight spreads and access to deep liquidity to give the edge when you place your trades.
Buy 1 lot of Euro against US Dollar (EUR/USD) @ 1.14493 Close @ 1.14602 Lots: 1 ( equal to 100,000) Leverage: 1:100 Required margin = Contract Size / Leverage * Market Price 100,000/100*1.14493 = $1,144.93 P&L = (Close Price - Open Price) * Contract Size * Lots (1.14602 - 1.14493)*100,000*1 = $109.00
Buy 1 lot of British Pound against US Dollar (GBP/USD) @ 1.27617
Close @ 1.28011
Lots: 1 ( equal to 100,000)
Required margin = Contract Size / Leverage * Market Price 100,000/100*1.27617 = $1,276.17 P&L = (Close Price - Open Price) * Contract Size * Lots (1.28011 - 1.27617)*100,000*1 = $394
Buy 1 lot of US Dollar against Japanese Yen (USD/JPY) @ 108.316 Close @ 108.816 Lots: 1 ( equal to 100,000) Leverage: 1:100 Required margin = Contract Size / Leverage 100,000/100= $100, P&L = (Close Price - Open Price) * Contract Size * Lots/ Exchange rate (108.816 - 108.316)*100,000*1/108.816 = $459.49
Staying up to date with market developments is one of the most important factors of financial trading. Do your research, keep your ears to the ground and you could be one step ahead of the Bull and the Bear. IX Labs is our unique tool which uses AI to read thousands of unique news items per day, indicating market sentiment from across the industry in a bold visual style. See at a glance what traders are saying. Read the important headlines from within your trading platform and be among the first to know which way the market is heading.