Start Trading Forex
Trade Forex, The World's Largest Financial Market with Spreads from as Low as 0.1 pips.
Benefits of Forex Trading with SlaTrade
Trade with SlaTrade
At SlaTrade we work hard to enhance your trading experience.
As a global broker, our client’s satisfaction is in the center of our focus.
Forex Trading FAQ's
What is Forex?
Forex (acronym of Foreign Exchange) is where trading of currencies is prevalent on large platforms in order to improve foreign trades and businesses. This market is the most liquefied financial market filled with large number of investors and speculators. The size of other markets is dwarfish compared to the Forex Market. The most prominent reason for Forex market to be such a success is the requirement to trade currencies and since the market is full of activities, the average turnover it is around $5.3 trillion per day.
How does Forex trading work?
Currencies are at all times traded in pairs, i.e., buying of one currency and selling of the other. These are always cited in pairs such as Euro/US Dollar, US Dollar/Japanese Yen, Great British Pound/US Dollar, and US Dollar/Canadian Dollar. Trading of currencies is from across the world but the main financial centers are Frankfurt, Zurich, Tokyo, Hong Kong, Singapore, Paris, London, New York and Sydney.
What are the trading hours of Forex market?
Forex market is live 24 hours a day for five days of a week. It is necessary that one knows about the trading hours according to the preferred country. This market is an active circle with one market opening and another closing, thus making it awake for the entire 24 hours. Due to the dissimilarities in trading hours, people living at different parts of the globe can easily indulge in trading.
Where is the central location of Forex market?
There is no such central location of Forex market because the market is open for 24 hours a day, trading is done globally.