Trade with a High Performance Trading Platform
Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market. Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
The Vonway’s Forex offering is one of the most competitive in the world.
Access the world’s largest and most liquid market with Raw spreads starting from 0.0 pips.
Experience Vonway’s unrivaled Forex trading environment with our incredibly tight spreads, averaging just 0.1 pips for EUR/USD, making us a top choice for active day traders and users of Expert Advisors. Refer to the table below for our minimum and average spreads on major currency pairs.
Forex trading differs from trading shares or futures as it involves buying or selling one currency against another without physical delivery.
One of the key advantages Forex has over other financial instruments due to its ability to accommodate small lot sizes, with the option to trade as little as 1000 units (one micro lot). Additionally, Forex trading commonly utilizes leverage, with some cases reaching as high as 1:500, as it’s vary to trading shares where no leverage is involved.
The gross profit on your trade is calculated as follows:
Opening Price
€200,000 x 1.33623 = USD $267,246
Closing Price
€200,000 x 1.32129 = USD $264,258
Gross Profit on Trade = $2988
Opening the Position
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.33623.
Closing the Position
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 2 standard lots at 1.32129.
Fast trade execution is critical to your success and we challenge ourselves every day to deliver the best experience.
Low Cost Trading Solution that is suitable for all traders.
Trade CFDs on forex, indices, Futures, Stocks.
Easy access to your money is important, we ensure your withdrawal approved less than 24 hours.
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