Various products to trade in both in value and quality
Forex (or sometimes just FX) is the abbreviated term for foreign exchange, which has the unique distinction of being the largest financial market in the world. FX transactions worth trillions of dollars are being executed every day.
The highlight of FX is that it has no central exchange and the currency trading are executed by a global network of dealers, banks, and brokers, giving you space to trade at anytime of the day-let it be day or night, Sunday or Monday for that matter.
However, the FX prices are affected by a host of elements including inflation, interest rates, various policies of the govt, employment figures and demand for imports and exports as well.
Currency trading is considered to be one of the largest financial markets in the world and the most volatile as well on account of two factors- huge volume of currency traders and the amount of money exchanged.
A stock index occupies a very significant role in the financial world, representing the top shares from a particular exchange.
To cite an example, the FTSE 100 represents the 100 largest companies traded on the London Stock Exchange. Suppose, if on an average, the share price of these companies goes up means the FTSE 100 escalate with them and vice versa.
Other examples of stock indices include:
Most of these calculations are executed through capitalisation-weighted average which implies that the size of each company is taken into consideration. The worth of a particular company is always has a bearing on the index as a whole.
Needless to say that Commodities are the prime and basic elements of the global economy which are natural resources being traded on dedicated exchanges all around the world.
However, commodities are of two types- soft and hard. Soft commodities fall into the agricultural like produce like sugar or wheat , on the other hand, hard commodities are nothing but metals or energies like silver and gas.
The production and consumption of commodities rely on a host of factors like-
Contracts for difference (CFDs) will let you open a contract for the difference in price of an asset, from the point of opening to when you close.
CFD trading let you to take a position on the future value of an asset in accordance with your assessment (It will go up or down) which means the flexible product requires a high level of risk management as well.
You may note that you’re trading contracts with GH Wall Street, and not physically trading in the underlying market without actually owing any assets.