FOREX
Access the world’s largest market and trade more than 60 currency pairs.
What is Forex?
Foreign exchange, or Forex for short, is quite simply a market where you’re able to exchange one currency for another. When you ‘sell’ a currency, there is a buyer for that currency somewhere else. Now, the exchange rate between those two currencies is what’s important when trading forex. The exchange rate is constantly fluctuating, and it’s these fluctuations that allow market speculators to earn from trading.
With a daily trade volume of $6.5 trillion dollars, the forex market itself is huge! It eclipses the likes of the New York Stock Exchange (NYSE) which, by comparison, has a trading volume of only $22.4 billion per day.
The Forex Market’s sheer size attracts a wide range of different participants, including Central Banks, Investment Managers, Hedge Funds, Corporations, Brokers and Retail Traders – with 90% of those market participants being currency speculators!
With a daily trade volume of $6.5 trillion dollars, the forex market itself is huge! It eclipses the likes of the New York Stock Exchange (NYSE) which, by comparison, has a trading volume of only $22.4 billion per day.
The Forex Market’s sheer size attracts a wide range of different participants, including Central Banks, Investment Managers, Hedge Funds, Corporations, Brokers and Retail Traders – with 90% of those market participants being currency speculators!
Why TRADE FOREX
with astrosoption?
Our aim is to help our traders succeed by providing an exceptional trading experience.
- Spreads from 0.0 pips.
- Access to 60+ Currency Pairs.
- 0.20s Average execution speed.
- All trading strategies enabled.
- Leverage up to 1:500.
CURRENCIES
| Instrument | Minimum Spread | Typical Spread | Long Position | Short Position |
| AUDUSD | 0 | 0.1 | -2.7 | -0.97 |
| EURGBP | 0 | 0.4 | -3.79 | -0.85 |
| EURJPY | 0 | 0.5 | -3.7 | -1.3 |
| EURUSD | 0 | 0.1 | -4.8 | -0.2 |
| GBPAUD | 0 | 2.5 | -1.1 | -6 |
| GBPJPY | 0 | 1 | -1.8 | -3.7 |
| GBPUSD | 0 | 0.3 | -3.1 | -2.4 |
| USDCAD | 0 | 0.2 | -2.7 | -2.7 |
| USDCHF | 0 | 0.4 | 0.5 | -4.2 |
| USDJPY | 0 | 0.1 | -1.2 | -3.1 |
For a full list of our currency pairs and their spreads click
here.
HOW-TO
Trade Forex
The value of each currency depends on the supply and demand for it, thus determining the ‘exchange rate’ between the two currencies, which is continually fluctuating. The exchange rate itself is basically the difference between the value of one currency against another.
It's this exchange rate that determines how much of one currency you get in exchange for another, e.g. how many pounds you get for your euros.
Now, when you’re trading forex, you’ll be trading currency pairs. So, two different currencies will be involved, and you’ll be speculating about their value in relation to each other.
It's this exchange rate that determines how much of one currency you get in exchange for another, e.g. how many pounds you get for your euros.
Now, when you’re trading forex, you’ll be trading currency pairs. So, two different currencies will be involved, and you’ll be speculating about their value in relation to each other.
Learn to Trade Forex
FOREX
Trading Hours
4 separate trading sessions available: Sydney, Tokyo, London and New York.
So, you've got 24-hour access to trade for 5 days a week (the markets close over the weekend).
So, you've got 24-hour access to trade for 5 days a week (the markets close over the weekend).
GMT TIME
*Note: Trading hours are subject to change without prior notice. Liquidity Providers may adjust trading schedule as necessary, depending on market conditions.
START TRADING with astrosoption
It's simple and fast to join!
Full Name
Country
Client Type
Email Address
REGISTER
REGISTER
Complete registration, Log in to your Client Area and upload the required documents.
Create Account
Account Type
Currency
Leverage
CREATE AN ACCOUNT
CREATE AN ACCOUNT
Once your documents are approved, create a Live Trading account.
Deposit 1
Select Account
Deposit 2
Select Deposit Method
MAKE A DEPOSIT
MAKE A DEPOSIT
Select a payment method, fund your trading account and start trading.