SigmaForex | How Retail Spot Forex works?
Each
currency is quoted with a pip spread. This is how the dealer makes his
money. With most online retail brokers, there are no commissions. For
example, I want to buy the Swiss Franc, and the current quote is1.7205/1.7210. The dealer will give me the 1.7210 price, and I would start the trade -5 points which equals $30.00.
In my trade window, I would see my money change as the market price moves back and forth. As it moves in my favor, my negative position is removed as soon as the market is trading 1.7210/1.7215, or higher.
In the spot forex market, it is common for currencies to move 100 to 300 pips/points in a 24-hour session. If you like volatility, there is no currency more volatile than the Franc.
If you want to see the software in action, just register for it at sigmaforex.com, and download a free demo. You will get your password and username immediately sent to you by email.
Forecast And Win An Account
Get A Free Real Account
Through Sigma indicators you can forecast the upcoming prices of the pairs & get a chance to win a $ 50 live Sigma account.
For
participation please select the pair that you are predicting for it,
then fill in the following form & don't foreget to write down your
forecasted price.
Sigma
Forex encourage the clients to study and analyze Forex Market by giving
them more promotion and more chances to begin trading at
Forex Market.
- First: Choose one pair from the platform.
- Second: Try to use Technical And Fundamental Analysis to predict Friday's closing price for this pair.
- Third: Write down in an email the following data:
1) Your Telephone Number
2) Your First and Last Name
3) The Choosen Pair
4) The Predicted Price
5) Your E-mail Address
- Fourth: Send this emails at
If
at any time you need assistance please click on the Live Chat button on
the right menu and one of our customer support staff will help you
through the process.
