Forex CFDs
Orsfx offers over 64+ Forex currency pairs.
Access the world’s forex markets and get tight spreads, starting from as low as 0.8 pips.
Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market.
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).
- Tight spread as low as 0.8 pips.
- ECN trading with no hidden policy
- 64+ Full power currency pairs
- Up to 1:500 leverage
- Trade 24/5 a week
Foreign Exchange Market
Currency Trading
Forex trading is the act of speculating on the future price movements of currency pairs. It is the largest and most liquid financial market in the world, with an average daily trading volume of over $7 trillion. To trade forex currencies, you need to open an account with a forex broker.
Once you have an account, you can start trading by selecting a currency pair and entering a buy or sell order. When you buy a currency pair, you are essentially betting that the value of the base currency will increase against the value of the quote currency. When you sell a currency pair, you are betting that the value of the base currency will decrease against the value of the quote currency.
Your profit or loss on a forex trade is calculated as the difference between the opening and closing price of the position, multiplied by the size of your position.
For example,
if you buy 1 lot of EUR/USD at 1.1000 and then sell it at 1.1100, your profit would be 100 pips (100 * $0.01 = $10).
However, if you had sold 1 lot of EUR/USD at 1.1000 and then bought it back at 1.0900, your loss would be 100 pips ($10).
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How to trade Forex
Choose a currency pair
The first step is to choose a currency pair that you want to trade. There are many different currency pairs to choose from.
Place a trade
Once you have chosen a currency pair, you need to place a trade. There are two types of trades in forex: buy orders and sell orders. A buy order is when you buy a currency pair, and a sell order is when you sell a currency pair.
Set stop loss & profit target.
It is important to set a stop loss and profit target for every trade you place. A stop loss is a price at which you will automatically sell your position if the market moves against you
Monitor your trade
Once you have placed a trade, it is important to monitor it closely. The market can move very quickly, so it is important to be aware of any changes in price
Close your trade
Once you are satisfied with your profit or loss, you can close your trade. To close a trade, simply click on the "Close" button in your trading platform.
Standard ECN Account
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Raw Spread ECN Account
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Just 3 Steps Away!
Simple 3 steps separate you from a revolutionary trading journey
Step 1- REGISTER
Provide your info and trading experience.
Step 2- FUND
Provide your info and trading experience.
Step 3- TRADE
Provide your info and trading experience.
