Education
The new version of the Trader Platform is an evolution of the previous generation. lt features a variety of new and improved features that are designed to make it easier for traders to manage their trading.
Open AccountAn lntroductíon to Forex Markets
The foreign exchange market, also known as FX, is the world's largest financial market where various currencies are bought and sold. Unlike other financial markets, it does not have a central exchange and transactions are carried out over the counter.
The market is open 24 hours a day, seven days a week. Most of the major financial centers are located in different time zones. Some of these include London, New York, Tokyo, Hong Kong, Singapore, and Paris.
The price of a foreign exchange pair shows how much of a given unit's base currency is required to buy or sell.
The value of a currency is determined by the forces of supply and demand. lt can fluctuate in response to social, political, and economic events that happen throughout a 24-hour trading day.
The political and economic performance of various countries has a huge impact on the value of their currencies. For instance, if a country has a low inflation rate, its currency will appreciate against its trading partners' currencies.
Another factor that can affert the price of a financial instrument is the volume of orders received by market participants.
Central banks, such as the Federal Reserve and the European Central Bank, have the most influence on the exchange rates of various currencies. They can intervene in the market to control the exchange rate or set a specific economic goal.
Central banks, such as the Federal Reserve and the European Central Bank, have the most influence on the exchange rates of various currencies. They can intervene in the market to control the exchange rate or set a specific economic goal.
The second-largest group in the market is composed of banks and financial organizations that form an interbank market.Through this type of transaction, they determine the currency price that individual traders see on the trading platform.
How ECN execution works
Another type of the participant is the brokerage firm that acts as an intermediary between the market and its clients. lt uses electronic communication networks to offset the orders of its clients.
WHEN CHOOSING A FOREX BROKER, IT IS IMPORTANT TO TAKE INTO ACCOUNT VARIOUS FACTORS INCLUDING:
Reliability
Before investing, it's important to thoroughly review and consider various ratings and reviews.At ACM INDEX,we take these factors into account and provide the most secure and reliable service possible.
Execution
The ACM INDEX execution model eliminates the need for a broker and client to have any conflict of interest. lnstead, we act as an intermediary, matching orders one by one with the prices that are available in our vast liquidity possible.
Spreads
One ofthe most popular forms of CFDs is Futures. With over 30 different Futures from around the world,you can find somethingfor everyone atACM INDEX.
Minímum Deposit
Getting started with trading is also important for new traders as there are various steps that need to be taken before you can start making money. One of theJe is establishing a minimum deposit. This will allow you to try various trading techniques and get ready for serious trading.
Funds Security
One of the most important factors that you should consider when investing is ensuring that your funds are secure. At ACM INDEX, we use 3D secure technology and SSL encrypt on to protect our clients' financial information.
Negative Balance Protection
The negative balance protection feature prevents traders from experiencing unexpected market conditions. lt will safeguard your account from losing money if it goes negative. lt was implemented after the Swiss franc event in 2015.
Account Types
lt is very important to choose an account type that fits your level of experience and needs. ACM INDEX has a variety of accounts that cater to different traders. Some of these accounts allow new traders to start with a minimum deposit of $25 and then expand their trading capabilities.
Leverage
One ofthe most important factors to consider when choosing a broker is the leverage they offer.A high leverage ratio will allow you to hold a larger portion of your position
Platforms
Aside from the platform's features, also consider the trading environment's compatibility with other devices and the number of trading instruments that are avaílable for analysis.
Customer Service
lf a trader has a question regarding trading, our customer support team will help guide him or her through the process. lt takes about 5 minutes to resolve most of the issues tha clients may have.
Due to its large daily trading volume and low costs, the foreign exchange market has become one ofthe most popular financial instruments. lt allows traders to have more nexibility when it comes to their trading strategies.
Disclaimer
Although demo accounts are designed to replicate real markets, they often have key difference5 when compared to real accounts. Some of these include the lack of real-time market liquidity and the availability of certain products that can't be tradable on live accounts The operational capabilities of demo accounts can result in a variety of advantages, such as faster transactions and the absence of slippage. However, they may also have different margin requirements