Trade Forex

The Foreign Exchange market (Forex or FX for short) is the largest and most liquid financial market in the world. According to the Bank for International Settlements, the Forex market accounts for daily tunrovers of around four trillion dollars and the market has been growing year on year.

Exposure

The FOREX Market is a decentralized, Over-The-Counter (OTC) Market with currencies being traded against each other by Central Banks, Commercial & Investment Banks, Currency Speculators, Governments and other financial institutions.

Accessibility

Unlike a traditional stock market, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers. Within the inter-bank market, Spreads, which are the difference between the bid and ask prices for the various currency pairs are razor sharp and vary widely from spreads available to investors outside the top-tier.

The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). This is due to volume. If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread.

Opportunity

The interbank market caters for both the majority of commercial turnover and large amounts of speculative forex trading every day. A large bank may trade billions of dollars daily. Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank's own account.

Until recently, foreign exchange brokers did large amounts of business, facilitating interbank forex trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems, referred to as ECN.

FXCC's ECN model provides individual traders with direct access to 'interbank level' bid/offer spreads on leading currency pairs.

FXCC brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

DISCLAIMER: All services and products accessible through the site www.fxcc.com are provided by Central Clearing Ltd a Company registered in Mwali Island with Company number HA00424753.

LEGAL: Central Clearing Ltd (KM) is authorized and regulated by the Mwali International Services Authorities (MISA) under International Brokerage and Clearing House License no. BFX2024085. The Company's registered address is Bonovo Road – Fomboni, Island of Mohéli – Comoros Union.

RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.

RESTRICTED REGIONS: Central Clearing Ltd does not provide services to residents of the EEA countries, Japan, USA and some other countries. Our services are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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