Forex
Wafra cooperates with Market Equity, which has become one of the largest forex market makers in building a solid network of communication between banks and liquidity providers, which provides competitive spreads and margins to its clients to individuals and institutions.
You can trade a currency based on what you think its value is (or where it is headed), but the big difference with forex is that you can simply trade up or down. If you expect the currency will increase in value you can buy it, and if you expect it will go down you can sell it.
What is forex ?
Forex or what is also called a foreign exchange is the decentralized market and the largest financial market in the world, It is a market in which currencies are exchanged and where trading takes place through networks of communication between banks and market makers 24 hours a day 5 days a week, In forex, traders aim to make profits by buying and selling currencies and commodities, and prices fluctuate in response to changing supply and demand, Average daily trading volume can reach $5 trillion, which is nearly three times the volume of global stock markets.
In this risky liquidity market finding a buyer when selling, and a seller when buying is much easier than in other markets.
- Providing opportunities for investors to take advantage of the movements in the value of currencies.
- Trading 24 hours a day from Monday to Friday (GMT).
- Low variable spreads
