Forex comes from the abbreviation of the English words for Foreign Exchange.
The change in the value of the currencies of the forex market countries is an over-the-counter investment exchange.
In the forex market, which has come to the understanding of investment trading, a trading platform called Meta Trader 4 is generally used.
Products that are traded on the Forex market are valued with investments. All markets where the investment institution can get a price can be added to the trading platform.
Trading on the Forex market is carried out 24 hours a day, 5 days a week.
Gedik Invest International Markets Convert pairs (parity), commodities (Gold, Silver, etc.) with the Meta Trader 5 trading platform tool on Forex.), CFD products (Oil, Natural Gas, Nasdaq, Nikkei, etc.) you can make transactions via.
Unlike other financial markets such as BIST and the New York Stock Exchange, the Forex market does not have a physical location or a center. A forex Decoy is an Over-the-Counter (OTC) or “Interbank” market.
You can trade on the Forex market in 3 ways
Hedging: Protection against currency fluctuations.
Speculation: Making a profit from Dec difference by buying at a low price and selling at a high price.
Arbitrage: If different equilibrium prices have been established for the same product in different markets, it is the process of buying the product from the market where it is cheap and selling it in the market where it is more expensive.
What exactly Does “Forex” Mean?
In short, it means currency trading. Because it represents transactions that take place according to the value of the currencies of the countries against each other.
This general definition may not be enough for you. But we advise you to think simply like this:
When you go to a foreign country, you convert the TL you have into the money of that country. When you make this transaction, you give the TL you have to the exchange office and you will receive foreign currency in return.
So suppose you are going to convert your money into euros. You will receive about 113 euros (1 Euro = 8.84 TL) for the 1000 TL you have. We all already know about this transformation.
Forex is the market where investments are made on these transformations. It is the largest market in the world with a daily trading volume of about $ 7 trillion. If you are thinking about how to make a profit on the mobility of currencies by converting your savings into dollars, you will do the same in forex. You may simply think that you are performing the transactions you made at the exchange office in a more professional way.
In addition to hundreds of currency pairs, gold, silver, Egyptian and shares of companies such as Apple, Facebook are also the subject of forex trading. The market makes it possible to invest with these instruments in non-physical ways, taking advantage of the price difference.
What Is the Forex Market Like?
The largest stock exchange in the world is the New York Stock Exchange. It has a daily transaction volume of about $ 20 billion.
Forex, on the other hand, hosts a daily trading volume of close to $ 7 trillion.This means a huge difference compared to the NYSE.This feature makes us recognize it as the largest financial market in the world.
The market has a decentralized structure.In other words, we cannot say that forex is managed from the United States. It works through financial centers located in all parts of the world.
The global structure of the market allows it to remain open 24 hours a day, 5 days a week, except weekends.In this way, you can make uninterrupted transactions from the night connecting Sunday to Monday to the night connecting Friday to Saturday.
Staying connected to the foreign exchange market 24/5 allows you to invest while the US trading clock is on.So you can wake up at 3 o’clock in the evening, turn on your computer and buy and sell dollars.
Is Forex Legal?
One of the most curious issues is legality. The global structure of the Sunday and its online operations raise this question.
Forex is controlled by the market supervisory authorities of each country. In our country, the Capital Markets Board (CMB) has taken on this task.
The CMB stated that it was legal in 2011 as a result of its regulations on forex. Of course, market audits and regulations have continued after this date. The most recent regulation came into force in February 2017.
according to the 2017 regulation, a requirement of TL 50,000 has been set for entry into the forex market. At the same time, leverage ratios were reduced from 1 to 100 to 1 to 10. The reason for this is to protect investors..
ALB Forex
Addres: Fulya M, Büyükdere Cad Torun Center A Bl 74A/80 34394 Şişli/İSTANBUL
Phones: 444 9 252 +90 (212) 370 0371
Mail: Email
Web Site: www.albforex.com.tr
