ABN Markets Academy

What is Forex?

Forex; It is a foreign exchange market where the currencies of countries are bought and sold mutually and their value is determined. The English Foreign Exchange words are abbreviated. The global forex market is the most liquid financial market in the world, with a daily trading volume of $5.5 trillion. Those who take an active role in Forex markets; central banks, commercial banks, portfolio management companies, intermediary institutions and organizations, international funds, large investment companies and individual investors.

Two types of currencies are always used in Forex trading, also called currency pairs. In pricing the currency pair, the value of the first currency is determined against the value of the second currency. Investors, on the other hand, aim to profit from price movements by analyzing the currency pair’s gains and losses in the future.

For instance; If the investor believes that the US Dollar will appreciate against the Turkish Lira, he buys US Dollars and sells Turkish Lira on the platform. The equivalent of this on the platform is Buy USDTRY (BUY).

What are the Advantages of Forex Trading?

Below are the advantages of Forex trading.

You can trade on currency pairs, commodities and CFD products offered to you on the platform 24 hours a day, 5 days a week.

The global forex market is larger than the world stock and bond markets combined, with a daily trading volume of $7.5 trillion. This means a market free of manipulative movements.

It is possible to make a profit by buying or selling transactions on both rising and falling price movements in the market.

With the narrow spread rates we offer to our investors, it allows you to maintain your investments at low costs.

ABN Markets provides its investors with the opportunity to trade with leverage ratios of up to 1:200 in the forex markets. E.g; You can open an investment transaction of 1,000 USD to 200,000 USD using a leverage of 1:200.

All of our investors can follow the developments affecting the markets and the economic data announced instantly on our market analysis page.