The Forex market is the largest market in the world. There is an average trading volume of $5 trillion per day. The foreign exchange market is primarily an over-the-counter (OTC) global marketplace; as investors buy, sell and speculate on the exchange rate of currencies. Forex trading consists of buying one currency while selling another, which is why currencies are always traded in pairs such as EUR/USD.
Advantages of FX Trading
At Icon FX we make it easier, faster and more cost-effective than ever before, revolutionising your direct access to the global FX markets.
Leverage
Take advantage of leverage up to 1:500 allowing for greater flexibility and efficiency in managing your positions. It is important to remember that while leverage can magnify gains, it also increases the risk of losses. Our team will be on hand to help you navigate the complexities of leveraged trading
Around-the-Clock Trading
With the FX market open continuously for five and a half days a week, you have the freedom to enter and exit positions at any time, ensuring 24-hour uninterrupted trading opportunities
Long and Short Positions
FX trading provides the flexibility to establish both long (buy) and short (sell) positions, allowing you to profit from market movements in any direction
Unparalleled Liquidity
As the world's largest and most liquid financial market, forex offers unmatched liquidity, ensuring that you can execute trades swiftly and efficiently
Customisable Trade Sizes
Unlike some markets, there are no standard trade sizes in FX trading, allowing you to tailor your positions to your specific trading strategy and risk tolerance
No Delivery or Expiry Dates
FX trading eliminates the need to worry about delivery or contract expiry, offering a hassle-free trading experience
Live Prices
FX
Indices
Commodities
Cryptocurrencies
EURUSD
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USDJPY
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AUDUSD
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GBPUSD
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DOW30 / US30
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NASDAQ / NAS100
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German 30 / DAX30
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UK 100 FTSE / UK100
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Euro Stoxx 50 / ESTX50
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Gold / XAUUSD
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Silver / XAGUSD
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West Texas Intermediate / WTI
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Brent Crude / BRENT
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Bitcoin
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Bitcoin Cash
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Litecoin
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Ethereum
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Ripple
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How to Start Trading Forex
Choose a Broker: Select a reputable forex broker that suits your trading needs. Icon FX offers competitive spreads, advanced trading platforms, and excellent customer support.
Open an Account: Sign up for a trading account with Icon FX. Provide necessary identification documents and complete the registration process.
Fund Your Account: Deposit funds into your trading account using various payment methods offered by Icon FX, such as bank transfer, credit/debit card or cryptocurrency.
Trading Platform: Download and install the trading platform provided by Icon FX. Familiarise yourself with its features and functionalities.
Start Trading: Execute trades based on your analysis and risk management strategy.
Choose a Broker: Select a reputable forex broker that suits your trading needs. Icon FX offers competitive spreads, advanced trading platforms, and excellent customer support.
Open an Account: Sign up for a trading account with Icon FX. Provide necessary identification documents and complete the registration process.
Fund Your Account: Deposit funds into your trading account using various payment methods offered by Icon FX, such as bank transfer or credit/debit card.
Download Trading Platform: Download and install the trading platform provided by Icon FX. Familiarize yourself with its features and functionalities.
Start Trading: Once you're confident, switch to a live trading account. Execute trades based on your analysis and risk management strategy.
Ready to Start Trading?
Open an account in 3 minutes and receive your login details instantly.
Icon FX is a trade name of Icon Tech PTY Ltd, a limited company registered in Australia authorised and regulated by the Australian Securities & Investments Commission (ABN 94 650 709 265)
Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/
Risk Warning: Trading foreign exchange on margin carries significant risks, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. A Disclosure Document is available here. Information about our services, including our fees and charges is also available at those sources.
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