Why Trade in FOREX?

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Why Trade in FOREX?

  • Flexibility in Trading: Transactions are quick, easy and convenient which makes the entire experience super flexible
  • High Liquidity in FOREX: The trading volume of the market creates an environment of stability across the major FOREX Pairs.
  • Leverage Trading: FOREX Markets allows high leverage enabling you to trade in larger volumes with relatively smaller investments.
  • FOREX Market Hours: The trading possibilities and the opportunities grow immensely as the markets are open 24 hours on all market days.
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Lets understand with an example how Forex trade works.

A single Dirham on Monday could get you 0.24 euros. On Tuesday, 0.25 euros. This may not seem like a huge deal on the surface. But people that regularly conduct high volume business internationally are affected by this. Think about a company importing/exporting gods from a European nation. That 0.1 will compile and become a huge amount. Whether a traveler, or a businessman, Orient Finance recommend its clients to hold their money until the foreign exchange rate is in client’s favor. Like stocks, client can trade currency based on its value. With its expertise in this field, Orient finance aspires to serve client’s best financial interest.

Lets understand with an example how Forex trade works.

Let’s assume that Euro Dollar is trading at 1.0400 and you expect that the price of Eurodollar to go up. You decide to buy 100,000 Euros at 1.0400. You execute the transaction at the trading platform by depositing the required margin. After some time, you realize your prediction has come true and the price of Euro is now at 1.0450. You can then sell the 100,000 Euro Dollar at 1.0450 that you have bought earlier, at the same trading platform. The price has gone up as you have predicted by 50 points (1.0450-1.0400) in your favor generating a profit of 500 US Dollars.

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