Forex Trading
About
The Foreign Exchange Market (also known as forex, FX, or the currencies market) is an over-the-counter global marketplace that determines the exchange rate for currencies around the world. Participants in these markets can buy, sell, exchange, and speculate on the relative exchange rates of various currency pairs. Foreign exchange markets are made up of banks, forex dealers, commercial companies, central banks, investment management firms, hedge funds, retail forex dealers, and investors.
Benefits of Trading with Opofinance
Ultra Tight Spreads
Gain an edge in your trades by benefiting from spreads as low as 0.0 pips.
Exclusive Social Trading
Follow professional traders and mirror their trades through Opo Social Trading Platform.
Practical Trading Tools
We provide exclusive tools to clients, helping them utilize market opportunities.
Trusted and Regulated
Opofinance is a regulated broker and dedicated to safeguarding your funds.
Forex Contract Specifications
Check our forex market trading conditions:
Instruments
Contract Size
Tick Size
Swap Long
Swap Short
GBPUSD
Great Britain Pound / US Dollar
GBPCAD
Great Britain Pound / Canadian Dollar
EURUSD
Euro / US Dollar
USDCAD
US Dollar / Canadian Dollar
USDJPY
US Dollar / Japanese Yen
Benefits of Trading Forex
1
Higher liquidity
The forex market represents a trading volume of $4 trillion per day, which makes it easier for you to get in and out of the trades at any time.
2
Excellent Flexibility
The flexibility caused by giving various options for every budget and the possibility of trading hundreds of currency pairs is great.
3
24-Hour Market
You can keep trading five days a week and 24 hours a day as the forex market is always on the go and never even takes a minute to rest.
4
Profit Potential from Both Trends
Buy a currency pair if you think it is going to increase in value, and sell it if you think it is going to decrease.
Forex Trading FAQs
What is a CFD?
CFD is the short form for Contract For Difference, and it is an agreement which enables traders to speculate on the price of a financial instrument without actually owning the asset. The price of the CFD is derived from the price of the instrument. This means that if you buy/sell a CFD, your exposure is the same as if you had bought/sold the actual asset.
What assets do you provide for trading?
We provide various assets in forex, metals, commodities, indices, cryptocurrencies and stocks categories.
Where do you get the Forex prices?
Our Forex prices are obtained from the liquidity providers. These are the most accurate price quotations for our clients. This is how we guarantee the best trading experience.
What are Forex trading hours?
You can trade forex pairs, Monday through Friday from 00:00 Mondays to 23:59 Friday. This schedule may be subject to adjustment on holidays.
How is forex trading done?
When you trade forex assets, you speculate on if the price of a currency will rise or fall against another. As an example, if you think that the value of the British pound will rise, relative to the value of the US dollar, you may go ahead and trade the GBP/USD pair.
● OPO GROUP LLC. is authorized in Saint Vincent And the The Grenadines under the Provision of Investment Services, Limited Liability company act chapter 151 of the revised Laws of Saint Vincent and Grenadines 2009.
● RISK DISCLAIMER: Trading involves a high level of risk and may not be suitable for all traders or investors. You should carefully consider your trading goals or objectives, financial situations, level of experience and needs before entering into margin trading with Opofinance. There is a risk of losing substantially more than the investor’s initial investment. Hence, we advise you to only trade the products if you fully understand the risks involved, and can afford them.
● OTHER INFORMATION: The information on this website is subject to change at any time without any prior notice and is solely for educational purposes. The contents do not constitute investment advice and are provided as general market commentary. OPOFINANCE has taken measures to ensure the accuracy of the contents, however, does not guarantee it and is not liable for any losses incurred directly or indirectly from the use of or reliance on the website’s information. Please read out the full Risk Disclosure Statement.
● Important: We are not accepting users from these countries: Turkey, Australia, USA, Japan, Canada, and North Korea.
● Refund: For refunds please email to (finance@opofinance.com) and withdrawals take up to 1 business day.