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WELCOME TO FOREXNX.COM Our website: www.forexnx.com.

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Presentation on theme: "WELCOME TO FOREXNX.COM Our website: www.forexnx.com."— Presentation transcript:

1

2 WELCOME TO FOREXNX.COM

3 Our website: www.forexnx.com

4 Advantages of forex trading over Stock 1. High Leverages 2. Fundamental Consideration 3. Liquidity 4. More Freedom 5. 24hrs Markets

5 Advantages of Forex Trading 1. High Leverages 2. High Liquidity 3. 24hrs Markets 4. Low Transaction cost/ Spread 5. Profit Potential from Rising and Falling prices/ Two way market 6. No middleman charges 7. No Commission

6  24hr market Monday to Friday  Market update at morning 5.30am daily Monday to Friday  Market opens at Monday 2.30 am and close at Saturday 2.30am….

7 Clients can do trading in total 18currencies and also they can trade in commodities like Gold & Silver Minimum deposit of 100$ One day forex turnover = 5trillion $

8 How to Analysis the Market 1. Fundamental Analysis 2. Technical Analysis

9 Types of Currency pair 1. Major Currency 2. Cross Currency 3. Exotic Currency

10 Account Types AccountsMini Account Standard Account Premium Account Minimum Deposit$100- 1,999$ 2,000 – $ 4,999$ 5,000 and Above Tight Spread 4 pip* 3pip* 2pip* Education Yes Trading signals No Yes Commission No Professional Assistance No Yes Dedicated team Yes

11 What is Leverages? Buying and Selling Power

12  What is Bid price? Bid price means selling prices  What is Ask price? Ask price means buying prices  What is Spread? Spread means difference between bid price and ask price currencies  What is Pip? A smallest point.

13 Technical Terms  Base currency: Fist currency pair is known as base currency  Quote currency: Second currency is known as quote currency. EUR/USD Base currency Quote Currency

14 Types of Currency Position Long Position Short Position  Long Position is Buy Position A trader opens long position with aim of selling the base currency at a higher price at a later time  Short position is Selling Position A trader opens a short position with aim of buying the base currency at a lower price at a later time.

15 A Lot is amount the buyer and seller are committed to at the moment the position is opened. Ex: 0.01 is 1000 units of base currency.. What is Lot?

16 Profit = lot x 10 For ex: 0.10lot = 0.10 x 10 = 1 1$ profit/lose How to calculate lot as profit/lose?

17 Bid price 1.3520 Ask price 1.3524 How much points difference you can see? 4points That’s our spread charge….. (Brokerage) Spread is charged one time and it’s a fix charges when client opens a new deal…. After that whatever is the profit that’s clients profit. How we calculate spread (brokerage)?

18 For ex: Order price =1.8000 Position = Ask (buy) 10+ = 0.04 Current price = 1.8150 1.8000 – 1.8150 = 150 0.04= 0.40x150 = 60 P/L = 60 (Profit) -------------------------------------------------------------------------------------- Order price = 1.8025 Position = Bid (Sell) 10+ = 0.05 Current price= 1.8150 1.8025 – 18150 = 125 0.04 = 0.50x125 = 62.5 P/L = -2.5 Loss How dose market woks?

19 O = OPENING PRICE ( This price is updated daily 5.30am Monday to Friday) H= HIGHEST PRICE L= LOWEST PRICES

20 T/P means Take profit. Is an automated order you set that your account will liquidate a particular currency position if it reaches a certain level of profit…. S/L means Stop Loss. Is an automatic close of a trade that you can set to happen if your currency goes in a direction that would cause you to lose money… What is T/P & S/L

21 TYPES OF TRADERS Day Trading Swing Trading Position Trading Types of Traders Day Trading 1. Scalping 2. Fading 3. Daily Pivot 4. Momentum Trading

22 Major Currency Cross Currency Exotic Currency Types Of Currency Pair

23 When a currency trader enters into a trade with the intent of protecting and existing or anticipated position from and unwanted move in the foreign currency exchange rates, they can be said to have entered into a forex hedge. By utilizing a forex hedge properly, a trader that is long a foreign currency pair, can protect themselves from downside risk; while the trader that is short a foreign currency pair, can protect against upside risk……… Hedging

24 Payment Mode  Credit Card  Debit Card  Internet Banking  Bank Transfer

25 ForexNx requires that all clients submit the the following documents:  Photo ID PROFF  ADDRESS PROFF

26 What are benefit for doing trading in our company?  Can withdraw the profit amt in 24 working hrs  No charges at the time of withdraw other company charge 20$.........  No charges on deposits  24 x 5 helpline (telephone services)


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