Whatever your skills, The StartForex platform offers you a comprehensive trading tool for better assessment of your trading strategies, increasing your profits.

StartForex provides three trading tools in order to obtain competitive advantage for Forex trading.

• Click & trade on web based platform.
• Mobile trading
• Charts trading

StartForex provides these trading platforms for its clients wishing to trade Forex on margin. The Clients trades, buying/selling one currency versus another, in order to capitalize on price movements to make a profit.

Registering for a demo account is a free and easy method to trade the forex market with live feeds. The Demo account will allow you to practice on the platform and to gain confidence before trading with real money.

The foreign exchange market, also referred to as Forex, or "FX" market, is the largest financial market in the world, with a daily average turnover of US$1.9 trillion.

"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).

There are two main reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or margin trading.

For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, more than 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

A true 24-hour market, from Sunday 5:00 PM ET to Friday 5:00PM ET, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center - Tokyo, then London, and finally New York. Unlike most financial markets, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.

The FX market is considered an Over the Counter (OTC) market or 'interbank/interdealer' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network. Trading is not centralized on an exchange, as is with the stock and futures markets.

Market is open continuously 24 hours a day

Forex is a 24-hour market, open continuously from 5:00pm ET on Sunday to 5:00 pm on Friday. With three distinct trading sessions in the US, Europe and Asia.

Commission Free Trading

There are no commissions at StartForex, only the bid/offer spread. Our competitive pricing is the most precise quoting currently available to Forex traders anywhere and is designed to help you take advantage of smaller price movements.

Immediate trade execution

StartForex provides an efficient trading environment, which means quoting competitive spreads and ensuring quality executions. Our best execution goal is supported by liquidity relationships with various leading FX banks, such as UBS, and Barclays.

Capitalizing on Bull markets and Bear markets to maximize trading profits As apposed to Equity market, there are no restrictions on short selling currency. Forex trading always involves buying one currency and selling another, so traders can easily trade in a rising or falling market. There is no Zero Up-tick rule or any other restriction against shorting a currency.

Due to the nature of continuous 24 hours a day trading day StartForex allows its client to open leveraged positions. The availability of leverage in Forex trading is one of main attractions of this market for many traders. Leveraged trading, or trading on margin, simply means that you are not required to put up the full value of the position.

Margin requirement will be calculated automatically on the StartForex trading platform depending on your account set-up. Leverage can reach up to 1 to 400 (which translates to 0.25% margin requirement), that means that with $10,000 a client can open a position of $4,000,000.

Understanding Forex Quotes

Reading a foreign exchange quote may seem a bit confusing at first. However, it's really quite simple if you remember two things: 1) The first currency listed first is the base currency and 2) the value of the base currency is always 1.

The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 115.01 means that one U.S. dollar is equal to 115.01 Japanese yen

In the Forex market, prices are quoted in pips. Pip stands for "percentage in point" and is the fourth decimal point, which is 1/100th of 1%.

In EUR/USD, a 3 pip spread is quoted as 1.3000/1.3003

Among the major currencies, the only exception to that rule is the Japanese yen. In USD/JPY, the quotation is only taken out to two decimal points (i.e. to 1/100 th of yen, as opposed to 1/1000th with other major currencies).

In USD/JPY, a 3 pip spread is quoted as 115.05/115.08

When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened.

If the USD/JPY quote we previously mentioned increases to 117.01, the dollar is stronger because it will now buy more yen than before.

The three exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). In these cases, you might see a quote such as GBP/USD 2.03506, meaning that one British pound equals 2.0350 U.S. dollars.

In these three currency pairs, where the U.S. dollar is not the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal one pound, euro or Australian dollar. In other words, if a currency quote goes higher, that increases the value of the base currency. A lower quote means the base currency is weakening.

Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the same. For example, a quote of EUR/JPY 145.50 signifies that one Euro is equal to 145.50 Japanese yen.