Forex market is a market with the widest range of product and highest amount of commercial activity among the financial and money markets. It allows investors to perform transactions for 24 hours, 5 days with stock certificates listed on overseas stock exchange and in stock indexes on which such stock certificates depend and commodities (gold, silver, petrol, natural gas etc.) excluding international money markets.
The examples of the instruments with which one can perform transaction in forex market with the highest currency trade are as follows: currency pairs (EURUSD, GBPUSD, USDTRY, USDCAD), commodities (gold, silver, petrol, natural gas), indexes (DAX, FTSE, S&P, Nasdaq) and overseas stock certificates. In brief, Forex market enables you to perform transaction anywhere in financial markets instead of depending on a single place.
Although countries’ currencies and the values of such currencies against one another seem to be a simple situation at first, they actually play an important role in countries’ bilateral relations. One can do business with countries’ currencies thanks to Forex market. For example, today we are all closely keeping abreast of developments in Europe, USA and Turkey. In parallel with that, it will be very easy for you to keep abreast of price changes in EURUSD or USDTRY parities.
Economic developments that are announced for 24 hours, 5 days on international markets and political developments in the countries take a chance on transaction in parities. For example; when Trump was elected as the President in USA elections, there were sharp activities in parities such as EURUSD and GBPUSD or during Brexit, when England left European Union, there were some activities in GBP (Sterling)-based parities (EURGBP, GBPJPY, GBPUSD) which provided investors with opportunities. As it is known, central banks have a strong effect on countries’ currencies. The decisions of FOMC (Federal Open Market Committee), ECB (European Central Bank) or TCMB (Central Bank of the Republic of Turkey) which are announced on certain dates have determining effects of currencies. The expected or realized changes in interests closely affect the course of currencies.
Major parities represent the parities with the highest amount of transaction and liquidity in the global markets. The examples of these are parities such as EURUSD, GBPUSD or USDJPY. As it is known, Euro which is the currency of Eurozone is introduced as the common currency of 28 countries. Unity and solidarity and relations with other countries have a determining effect on currency. While the England’s central bank BoE (Bank of England) has effect on parity with its announcements, the fact that it left European Union during Brexit provide new opportunities every day to investors.
Minor and exotic currencies can be listed as NZD (New Zaeland Dolar), AUD (Australian Dollar) or CAD (Canadian Dollar). Generally they interact with gold, silver, copper, oil etc. as they are manufacturers of these commodities and also become engaged in bilateral transactions over their currency and central bank.
You can also take your place in these big financial markets with the professional platform and supreme-quality support that we offer as Limit Markets. You will push the limits and never be alone while doing it. Daily analyses that are made and shared by our specialized team will light your way.
Stock markets which are the building blocks of international markets are very important in terms of countries’ economy and course of their economy. As it is known, they are created as all of the countries offered to public and which meet certain conditions are brought together. Thanks to Limit FX platform which has a supreme performance, you can perform transactions in overseas indexes easily for 24 hours, 5 days. As such, you can gain by catching both rise and fall opportunities which are the most important features of Forex market that directs financial markets.
The examples of country indexes through which transaction can be conducted are USA (Dow Jones, S&P, Nasdaq), England (FTSE), Germany (DAX), Japan (Nikkei). You can gain dual earning by performing transaction over both parities and indexes and strengthen your transaction portfolio by creating protection strategies. For example, let’s assume that there is an approaching ECB (European Central Bank) interest decision. We are following EURUSD parity and we can perform transaction with our German index (DAX) expectations in connection with this. This allows us to follow parity and also to strengthen our transaction portfolio by positioning over index.
Limit Markets instant and daily analyzes are shared within the day and will enable you to become informed about financial markets thanks to our team of expert analysts and utilize your investments by being fully integrated into the market.
One of the most important values for a country’s economy is underground treasures and precious metals. This allows you to perform transactions for 24 hours, 5 days in forex market with the products that direct the world trade. You can increase the diversity of your portfolio by performing transactions over values created in the market depending on the supply and demand status of products that direct trade. One of the most important features of commodities is that they are popular for use in daily life. This allows them to be followed up easily. The most popular instruments are gold, silver, petrol and natural gas. When it is generally looked at, it can be seen that goods are widespread in portfolios created and world-famous funds.
The primary one of precious metals is gold. This precious metal which is a symbol of power and strength preserves its condition in financial markets for centuries. For example; let’s assume that ounce price of gold is around 1300 USD and our expectation is in rise trend. We close our 1-lot buying transaction at level of 1310 in line with our expectation. In such a case our profit will be 1000 USD as a result of this position. Or on the contrary, let’s assume that we close our selling position that we have opened at level of 1300 at level of 1295. Our profit out of this transaction will be 500 USD.
If we go back to petroleum products, we see that Brent and WTI stand out among petroleum products. Likewise, let’s assume that we do 1-lot buying transaction over Brent. If we open the buying transaction at level of 50$ and close it at level of 51$, we gain profit of 1000 USD or vice versa, when we do selling transaction at level of 50$, and close it at level of 49,25$, we gain profit of 750 USD.
You can trade on commodities without any interruption and without any limit for 24 hours, 5 days with professional platform and team of LimitFX.