Introduction to Currency Trading Forex Tutorial:
This system enables using the mutual funds in order to trade on Forex while the profit is automatically calculated and distributed proportionally to the investments made by the participants in accordance with the conditions of the corresponding PAMM project. ForexCopy is an innovative system that enables you to copy orders from the accounts owned by successful traders for certain instrument with a chosen ratio.
ForexCopy allows users to obtain commission from each profitable copied deal and subscribers to copy a trading strategy from a successful trader, automatically opening their deals on the account. InstaForex Company Clients have the opportunity of working with call and put intraday binary options that provide a chance to obtain sustainably high predetermined profit.
Such a trading instrument as Forex options gives you profit and full contract value in case you win while only taking the option value in case you lose. InstaWallet is a system of internal money transfers between InstaForex accounts. Virtual InstaWallet with its convenient interface is available in the Client Cabinet. VPS hosting allows you to employ a virtual private server to arrange trading on Forex. Using the VPS hosting service, you can enjoy all the advantages and possibilities of a dedicated physical server.
Moreover, the price of the hosting service offered by InstaForex is the most competitive one on the Forex market. Activating this service, traders gain access to a wide range of options, including sending queries about their trades, balance, and closed lots over the selected time period. One of the most competitive price providers for large value deals on account of offsetting flows from local and multinational and institutional clients. Our FX trading desk is one of the largest onshore desks.
Transparent and pre-agreed FX and hedge spreads. Different execution styles for deal-specific requirements. Enables rate booking for Cash same day , Tom next working day and Spot 2 working days and Forward maturities. Access to economic research reports and daily currency report. Upload underlying documents for forward contracts with instant deal ticket printout. Multi-currency capability with settlements in all major pairs. Same day settlement in INR with extended cut-off timing. You can cover transactions across different maturities with ease Convenience FXLive is accessible on all handheld devices via Google Chrome Browser Fast and convenient uploading of underlying documents for Forward Contracts.
Forward Deals can be confirmed online, eliminating physical documents Robust rates pricing mechanism with real time data feed. Security Can only be accessed by logging into Kotak Netbanking Enabled only for the authorized dealers of corporates via Kotak Netbanking Up to date security features and encryption for secure transactions. Although the spot market is commonly known as one that deals with transactions in the present rather than the future , these trades actually take two days for settlement.
What are the forwards and futures markets? Unlike the spot market, the forwards and futures markets do not trade actual currencies.
Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement. In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.
In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the Chicago Mercantile Exchange. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized.
The exchange acts as a counterpart to the trader, providing clearance and settlement. Both types of contracts are binding and are typically settled for cash for the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies.
Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well. Note that you'll see the terms: FX, forex, foreign-exchange market and currency market. These terms are synonymous and all refer to the forex market.