Forex & Option

What Is Forex?

The Forex is the  Foreign Exchange Market. Forex is the “place” where almost all currencies are traded. All Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct export and import business. If you are living in the UAE and want to buy cheese from France then, either you or the company has to pay the French for the cheese in euros (EUR). This means that the UAE importer would have to exchange the equivalent value of UAE Dirham(AED) into euros.

Why the Forex Market is the largest most liquid financial market in the world ? It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. The total volume changes all the time, but the Bank for International Settlements (BIS) reported that the Forex Market traded in excess of U.S. $4.9 trillion per day.

Forex Trading Time

The one and unique aspect of this international market is that, there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney – across almost every time zone.

The Forex market can be extremely active any time of the day, with price quotes changing constantly. The benefit of changing the rate is for Forex Marketer. Forex traders can get profit/loss from the Forex Market. Its a very profitable business if you know how to trade in Forex Market. One thing you need to know that ,some Forex broker are not good enough for trading and making profit ,below are the list of trusted and tested Forex

Best Forex Brokers + Trading Platforms

Even though the majority of forex brokers offer demo accounts that let their customers practice with the trading platform, some also offer a welcome bonus with no need to add cash to your account. Occasionally you will need a special promotional code to enjoy such an offer, but in most cases all you need to do is visit the broker’s homepage and sign up to earn your welcome gift.Below are the best Forex Bonus for you.

List of The Best Forex Brokers + Trading Platforms

Rating Bonus Description Leverage Regulation Visit
5
Up to
40%
Deposit Bonus
    • The leading Social Trading platform with 4.5m traders
    • Follow other traders or be a leader and earn
    • Personal service and VIP perks

 

400:1

FCA, + Claim Bonus
5
No deposit
£20
+ Up to £6000 on deposits
  • No commissions and low spreads
  • Advanced trading tools
  • Minimal account fees

1:294

FCA, + Claim Bonus

5
No Bonus but true ECN

First Withdrawal

  • Generous Cashback Rewards for every trade
  • Leverage the wisdom of the crowds to inform your positions
  • Fast, simple signup

1:400

CySec Claim Bonus

4.5
Welcome Bonus
$25
  • Award winning social trading platform
  • Follow other traders and copy their trades to profit
  • Access over 100 instruments

200:1

CySec Claim Bonus

 4.5 Welcome Bonus
Leverage from 1:1 to 1:1000
Forex analytics
VIP affiliate program
Segregated accounts
ForexCopy System
Fixed spreads
Forex options
Hedging
Forex trading without spread
Quality of service
 1000:1  CySec Claim Bonus
 4.5  No deposit bonus $30  NO REQUOTES

NO REJECTIONS

24-HOUR SUPPORT

ZERO FEES

 1000:1  FCA UK Claim Bonus
4.5
Up to
50%
Deposit Bonus
  • Trusted, regulated broker with 10 yrs experience
  • Multi award winning company
  • Segregated accounts with leading banks

400:1

+ Claim Bonus

4.5
Cashback
$5000
on your trades
  • 24 hr Live Support
  • Fully Regulated and Licenced EU Broker
  • User- friendly trading platform

400:1

CySEC + Claim Bonus

4.5
Spread Betting
50%
1st month commission bonus
  • Low cost trading with tight, fixed spreads
  • Loyalty rewards: Earn cashback as you trade
  • Choose Forex, CFDs or spread betting

1:200

FCA Claim Bonus

Rating Bonus Description Leverage Regulation Visit
4
Cash Bonus
$50
+100% Deposit Bonus
  • Cutting edge next gen trading platform
  • Secure deposits
  • Fast withdrawals with no hidden fees

1:400

Cysec + Claim Bonus

4
  • Social Trading, Spread Betting and CFDs
  • Great statistics on traders to follow
  • Authorised by the Financial Conduct Authority (FCA)

200:1

FCA Claim Bonus

4
  • Regulated By The Financial Conduct Authority (UK)
  • Trading for over 50 years
  • Client Funds Deposited in Segregated Accounts At Tier 1 Banks

200:1

FCA Claim Bonus

4
Cashback Up To
$5
Rebate Per Lot
  • Loyalty cashback on every trade
  • Tight spreads from 0.1 pips
  • Free deposits & fast withdrawals

1000:1

CySEC + Claim Bonus

3.5
Sign Up
£25
No Deposit Bonus
  • Tight spreads without commissions
  • Advanced charting tools

200:1

CySec + Claim Bonus

3.5
Up to
50%
Deposit Bonus
  • Instant fund withdrawals – no commissions
  • Tight spreads from 0.1 points
  • Unlimited leverage

2000:1

FDR Claim Bonus

3.5
Sign Up Bonus
$25
+50% Deposit Bonus
  • Free Guaranteed Stop Loss
  • Segregated funds at top tier banks
  • Fixed spreads & negative balance protection

400:1

ASIC + Claim Bonus