The Forex market presents new opportunities every second. It’s a fast-paced, exciting arena—seize every moment.
Trade major, minor, and exotic pairs with a globally trusted trading platform.
Understanding Forex
Forex is a speculative market where traders buy one currency while selling another, without physically owning the currencies themselves.
If you think the price of the EUR will increase against the USD, you’ll place a BUY order. If you believe the EUR will decrease, you’d place a SELL order. Your profit comes from the difference between the opening and closing price if your prediction proves correct.
While the difference between the open and close prices shows your potential profit, don’t forget to account for trading costs. The spread is the primary cost of trading, and it varies depending on the account you choose.
At Brain Wave Fortune, all our accounts offer ultra-competitive pricing. Choosing the right account type comes down to your personal preferences. Our ADVANCED account provides spreads as low as 0.0 pips, while our STANDARD account features all-inclusive spreads. Both accounts come with no commissions, allowing you to trade with greater flexibility.
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