ForexVox, based in the City of London, has been created by traders for traders. Our mission is to make the information and tuition being used by the major investment banks widely available to all. With that in mind, ForexVox has teamed up with premier Tutors, Exchanges and News Providers in order to provide you with all the knowledge/instruments you will need on your journey to becoming the best trader you can be. To our mind, the tuition available in the marketplace is somewhat of a minefield. That is why ForexVox (whose founding members are all major figures in the City of London and Europe) have created courses with its partners, which are certified by major exchanges.
Next, we identified that trading can be a lonely business if you do not have anyone to share your ideas with. That is why we created chatrooms with industry experts to be by your side. (These contributors will have gone through the rigorous on boarding requirements of the European Institute of Management and Finance (ElMF).) Add to this the `up to the second’ live audio news stream and our comprehensive product offering.
We at ForexVox feel that finally there is an answer to the needs of the traders from beginner all the way through to professional, to make trading a more level playing field.
Access the largest financial market in the world and trade over 70 different currency pairs
Foreign Exchange, commonly know as Forex or FX, is the largest and most liquid market in the world with roughly $5 trillion traded on a daily basis. With no set exchange hours, you can trade currencies 24 hours a day, 5 days a week. Foreign exchange prices move on various factors such as Geo-Political events, economic stimulus from central banks and speculation on future events.
The Foreign Exchange market has a multitude of participants including central banks, hedge funds, multinational corporations and individual investors.
Trade the world indices all from the same account as your Forex trading
Indices are a way of tracking the performance of an underlying group of assets, in this case, equities. An example would be the S&P500 which is made up of 500 of the US's biggest listed companies. If the price of the individual equities rise that make up the S&P500, then you would see an increase in the value of the S&P500. This would be vice versa if the underlying equities also dropped in value. There are multiple indices from all around the globe with some of the major ones in the UK, known as the FTSE100 or the German index which is known as the Dax30.
When trading Indices, you're not physically trading the individual equities, but instead the price movements of the underlying equities. This is known as a CFD (Contract For Difference).
Trade the global market that fuels the world and benefit from price movements in oil
Trading Oil through ForexVox allows you to trade the price movements of the global oil market which fuels the world. When trading Oil CFDs you're not physically buying or selling oil, however you can still benefit from the price movements of the underlying market.
If the price of oil rises due to increased demand around the world, then the price of an Oil CFD will also increase. The same will happen if demand for oil falls and as a result the global price of oil falls. This will also be represented in the price of an Oil CFD.
Cameron 16 May 2023 Reply