Selling and buying currencies, speculating in monetary assets is an attractive form of earnings for many traders. In the international Forex market, large banks and investment funds act as players; national organizations can participate here as sellers and buyers.
However, there is room in this market for individual traders or small companies. They can use the service of an intermediary – a broker. One such service provider is AdmiralsFX.
Features offered
This broker works with individuals and legal entities from around the world, offering various account options:
- Starting.
- Advanced.
- Premier.
They differ in the size of the deposit, commission payments for the provision of services by the broker, but provide the opportunity to carry out transactions for the purchase and sale of various currency pairs. There are main ones, where the dollar will be one of the currencies for exchange, and others, for example, the yen-Swiss franc, or the pound-euro.
FXApollo works in a similar way. Specific options for cooperation should be clarified with managers when concluding a brokerage agreement.
Companies provide trading terminals where you can see all quotes in real time, place orders, limit your position from losses by setting a stop loss level, or take profit by marking a take profit limit.
There are no restrictions on the number and volume of transactions, all decisions are made by the owner of the funds, and he is responsible for his actions.
Advantages
The company takes a commission from each transaction when opening a position and closing it. This is a common practice of all brokers in the foreign exchange, stock and derivatives markets. In addition to the trading terminal and quotes, real-time news is provided that can affect exchange rates, various educational materials are provided, and access to advanced trading strategies is provided.
The broker has a standard license and conducts legal and transparent activities. All the latest achievements and technologies when trading on Forex are taken into account, the client receives a wide variety of tools, including technical analysis capabilities and reviews of fundamental factors from the world’s leading economists.
The services are suitable for beginners and experienced traders. It is possible to trade in demo mode to practice strategies when there is no need to risk real funds.
