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Forex
Trade Forex CFDs with Innovation Fxpro
Apply our advanced tools to your trades to protect
your profits and limit your losses.
What is Forex?
Forex is a foreign exchange market where one currency is bought for another. You have probably already participated in such operations without even knowing it. For example, when traveling to another country, you bought the national currency of that state.
In fact, Forex is a virtual platform that operates around the clock with a weekend break. Here, daily market participants earn on short-term and medium-term transactions.
We will help you take the first step
Innovation Fxpro offers innovative
tools and reliable offers
that are geared towards your
positive trading outcome.
Our advantages
Real time quotes
Tight spreads and minimum commissions
Qualified support service
Negative balance protection
Fast and secure withdrawal
Advanced analytical tools
Frequently asked Questions
How does Forex trading work?
Forex trading is a global market that serves as the backbone of international trade and investment. This includes tourism, import and export of goods and services, financial transactions of institutions and governments, and so on.
When working with Forex CFDs, you speculate on changes in the quotes of the selected pair. If you think that the rate will fall, then open a “Sell” position, and vice versa, in case of an asset growth forecast, you open a buy deal.
What economic factors affect Forex?
Prices in the
Forex market are influenced by political and
economic factors that are associated with
the difference in the value of the currency.
Also, among the factors affecting the value
of currencies, there are political
relations, general economic indicators of
the region (GDP growth rates, interest
rates, inflation rates, etc.).
What are the risks associated with Forex trading?
When trading this asset, there are certain risks that you should be aware of before you start:
- Risks associated with leverage - in
case of a volatile market or incorrect
analysis of an asset, you can lose a
significant amount of funds.
- Risks
associated with the issuing country -
the strength of the currency of a
particular state depends on its
political and economic stability.
-
Risks associated with the issuing
country - the strength of the currency
of a particular state depends on its
political and economic stability. A
strong influence on the exchange rate,
in case of its increase or decrease, the
currency may become cheaper or more
expensive.
