The foreign exchange is the largest market in the world in terms of trading volume, with an average of more
than $5 trillion currencies traded daily. The Forex market allows investors to trade currency pairs 24 hours
a day, 5 days a week and to manage market exposure with the use of leverage.
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).
Symbols |
Maximum leverage |
---|---|
EURUSD |
1:1000 |
GBPJPY |
1:1000 |
GBPUSD |
1:1000 |
NZDUSD |
1:1000 |
AUDUSD |
1:1000 |
GBPCHF |
1:1000 |
AUDJPY |
1:1000 |
EURGBP |
1:1000 |
EURCHF |
1:1000 |
EURNZD |
1:1000 |
GBPAUD |
1:1000 |
GBPNZD |
1:1000 |
CADCHF |
1:1000 |
NZDJPY |
1:1000 |
USDCNH |
1:1000 |
EURHKD |
1:1000 |
USDJPY |
1:1000 |
USDCHF |
1:1000 |
USDCAD |
1:1000 |
AUDNZD |
1:1000 |
AUDCAD |
1:1000 |
AUDCHF |
1:1000 |
CHFJPY |
1:1000 |
EURAUD |
1:1000 |
EURJPY |
1:1000 |
EURCAD |
1:1000 |
NZDCAD |
1:1000 |
GBPCAD |
1:1000 |
CADJPY |
1:1000 |
NZDCHF |
1:1000 |
USDHKD |
1:1000 |
Symbols |
Maximum leverage |
---|---|
USDRUB |
1:200 |
EURDKK |
1:200 |
EURNOK |
1:200 |
EURSEK |
1:200 |
GBPNOK |
1:200 |
GBPSGD |
1:200 |
USDDKK |
1:200 |
USDNOK |
1:200 |
USDSGD |
1:200 |
AUDSGD |
1:200 |
CHFSGD |
1:200 |
HKDJPY |
1:200 |
NOKJPY |
1:200 |
SGDJPY |
1:200 |
USDSEK |
1:200 |
EURMXN |
1:200 |
EURPLN |
1:200 |
EURTRY |
1:200 |
GBPSEK |
1:200 |
NZDSGD |
1:200 |
USDMXN |
1:200 |
USDPLN |
1:200 |
USDZAR |
1:200 |
CADSGD |
1:200 |
EURSGD |
1:200 |
MXNJPY |
1:200 |
NOKSEK |
1:200 |
Symbols |
Maximum leverage |
---|---|
EURHUF |
1:100 |
EURBRL |
1:100 |
USDBRL |
1:100 |
In Forex trading, estimated profit and loss is very important for trading risk control. Here we briefly introduce the following two methods:
It is important to be able to work out your own projected profit and loss which can be relatively
easy to do, even without a calculator using this example.
Opening the Position
Buy 1 Lot EURUSD at 1.10340 Buy (+) €100,000 Sell (-) $110,340 Sell 1 Lot EURUSD at 1.10651 Sell
(-) €100,000 Buy (+) $110,651 Buy (+) €100,000 Sell (-) $110,340 + Sell (-) €100,000 Buy (+)
$110,651= +$311
Closing the Position
In this case the trade was profitable $311, the same calculation can be made in pip
terms.
1 Lot EURUSD pip value = $10 Buy at rate 1.10340 Sell at rate 1.10651 31.1 pips profit at $10
per pip= + $311
€100,000- $110,340- €100,000+ $110,651= +$311
In this case the trade was profitable $311, the same calculation can be made in pip terms. 1 Lot EURUSD pip value = $10 Buy at rate 1.10340 Sell at rate 1.10651 31.1 pips profit at $10 per pip= + $311
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. BPS Capital will never ask clients for their credential under any circumstances. Clients must not disclose password to anyone else and must take appropriate steps to keep their information secure by not using an obvious password and ensuring that clients keep their password confidential and change it regularly.
Trading Forex, CFDS and other derivatives involves undertaking transactions in 'Complex Products'. You must ensure that you read our full Risk Warning by following this link. You should familiarize yourself with the content of the Risk Warning before applying for an account or commencing trading. All trading involves risk. Losses can exceed deposits. Please ensure that you fully understand the risks involved. BPS Capital Limited is registered in Marshall Islands under Firm Reference Number 103126. The registered office address is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH96960. BPS Capital Limited is authorised and regulated by NFA with register number 0541104.The information on this site is not directed at residents of the United States, Belgium or any particular country which is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
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