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Forex
At Fivest you will find favorable conditions for trading in the foreign exchange market and other exchanges.
What is Forex?
The foreign exchange market or Forex is a place where currencies of different countries are bought and sold. The foreign exchange market operates around the clock (except Saturdays, Sundays and international major holidays). Forex is hugely popular because of its large capitalization. There are all sorts of participants, including banks, corporations, and users themselves.
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How to trade forex
Forex is not just a marketplace, it is the basis of international trade (import, export, tourism, etc.). Fivest offers you to trade currency pairs through CFDs. Thus, your positions will no longer depend on the direction of quotes and you will be able to trade on descending markets.
Factors Affecting Quotes
The most important factors, which influence the price changes on the currency market, are political and economic factors. In order to trade currencies properly, clients need to keep an eye on the level of GDP, the size of interest rates, the rate of inflation, and other factors as they put a lot of pressure on the prices of currencies.
Forex Trading Risks
Trading in any market is subject to risks. One of the biggest risks is working with leverage, because when there is instability or sudden changes in the quotes, you can lose money. That is why it is necessary to use protective orders, which can help reduce losses.
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Why Work with Fivest
Instruments, timeframes and indicators
Several ways to deposit and withdraw funds
Types of accounts for users with different experience
Wide range of assets from different sectors
Fast platform with powerful execution and functionality
Various trading strategies and tutorials