Learn Everything About Forex Trading and Start Trading ZuluTrade
What is Forex Trading?
The term “Forex Trading” stands for foreign exchange and refers to the buying or selling of one currency in exchange for another. Currencies are traded in the foreign exchange market, a global marketplace that’s open 24 hours a day in different parts of the world. All forex trading is conducted over the counter (OTC), meaning there’s no physical exchange and a global network of banks and other financial institutions oversee the market.
What are the Benefits of Forex Trading?
Low Transaction Costs
Spreads are usually low, making forex trading relatively cheap. However, you should look into all associated costs when choosing a broker, as some may also charge a flat fee or variable commission.
A 24-hour Market
From Monday morning in Australia to the Friday afternoon close in New York, the forex market never sleeps. Forex Trading is not subject to the opening hours of any centralised exchange system. As long as there’s a market open somewhere in the world, deals can take place.
Benefit From Leverage
In forex trading, a small deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum. The arrangements in the Forex markets provide investors to lever their original investment by as much as 20 to 30 times and trade in the market. This can magnify both gains and losses.
High Liquidity
Liquidity refers to the ease with which an asset can be bought or sold with a limited effect on its value. The global scale of foreign exchange combined with the high volume and 24-hour activity, make the forex market the most liquid market in the trading world. This is an advantage because it means that under normal market conditions, with a click of a mouse, you can instantaneously buy and sell at will.
Variety
Trading Options Forex markets provide traders with a wide variety of trading options. Traders can trade in hundreds of currency pairs. They also have the choice of entering into spot trade or they could enter into a future agreement. Futures agreements are also available in different sizes and with different maturities to meet the needs of Forex traders.
Demo Accounts
Most online forex brokers offer demo accounts to practise trading and build your skills, along with real-time forex news and charting services. By simulating a live trading environment, demo accounts give you the chance to get used to a trading platform, familiarise yourself with market movements and develop a risk management strategy, all without making any financial commitments.
How Do I Start Forex Trading?
Create your Account
If you want to become a manual Forex Trader, you must first create a traders account on ZuluTrade.
Choose a platform
You must have a forex trading platform like ZuluTrade Webtrader or MetaTrader4.
Start trading
After completing all of the previous steps, you are now ready to trade. You can also open a demo account funded with virtual money to test out the broker’s forex platforms and services before going live. Demo accounts are excellent for testing out trading strategies and practising trading without risking any funds.
Features of our Forex Trading Platform
ZuluScripts
The ZuluScript feature enables the ability for investors to create “scripts” or a set of custom instructions that can carry out trading operations if conditions and specified criteria are reached.
Technical Charts and Indicators
A simple yet effective way to get the information from the Trading Station user interface with technical charts (Candlesticks, OHLC, Lines), a large variety of Indicators (Trend, Oscillators, Volatility, Volumes, Williams %, etc), custom lines, objects, along with the ability to create trading robots by running the ZuluScripts.
The Automator
A prized feature on ZuluTrade is The Automator. You can set rules to lock profit, update Stop/Limit for selected trades, close profitable trades or get notified of any significant changes on the markets. The Automator allows you to build rules at the Settings tab of your Forex account.
Integration With Automated Trading Software
Interface Forex trading software places trades automatically based on the occurrence of the desired criteria. The software should have the necessary connectivity to the broker(s) network for placing the trade or direct connectivity to the exchange to send the trade orders.
Frequently Asked Questions (FAQs)
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This site is not intended to be a solicitation of transactions to customers living in the United States of America.
现货货币交易涉及大量风险，并且始终存在潜在的损失。 您的交易结果可能会有所不同。 因为在外汇市场交易中风险因素很高，所以在这种交易中只能使用真正的“风险”资金。 如果您没有可以承受的额外资本损失，则不应在外汇市场进行交易。 外汇经纪商和ZuluTrade通过买卖价格之间的价差来补偿他们的服务，或者通过买卖价格价差进行交易可能会产生成本。 利润分享帐户每个选择的交易系统都将收取每月的服务费。
假设的性能结果具有许多固有的局限性，下面将描述其中的一些局限性。 没有代表任何帐户将或可能实现与所示相似的损益。 实际上，假设绩效结果与任何特定交易程序随后获得的实际结果之间经常存在明显的差异。
假设绩效结果的局限性之一是它们通常是事后准备的。 此外，假设交易不涉及金融风险，并且任何假设交易记录都无法完全说明金融风险在实际交易中的影响。 例如，尽管存在交易损失，但承受损失或遵守特定交易程序的能力是重要因素，也可能对实际交易结果产生不利影响。 还有许多其他因素与总体市场有关或与任何特定交易程序的执行有关，这些因素在准备假设的业绩结果时无法充分考虑，而所有这些因素都可能对实际交易结果产生不利影响。 请点击{{0}}此处{{1}}以查看完整的免责声明。
[1] 期货经纪商（FCM）与ZuluTrade的利润通过买入价/卖出价之间的点差或者开单时的点差来实现。用户注册完全免费，无须签定合同或者交纳月租费用。
[2] Past performance is not indicative of future results. This website does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk involved with trading Forex investments and consult an investment professional before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. The performance results displayed on this website are hypothetical in that they represent trades made in a demonstration ("demo") account. The trades placed in the demo account take into consideration the spread between the bid and ask prices which would have been paid by a trader if an actual trade was made. Transaction prices were determined by assuming that buyers received the ask price and sellers the bid price of quotes provided by a large Forex broker.