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Trading Hours

The forex market is open for trading, 24 hours, 5 days a week. This provides additional flexibility to your dynamic trading demands. It is truly a market that never sleeps.

Margin Trading

In Forex, the majority of Forex trading is done via margin. They gain or lose through fluctuations in the price level. Therefore, you do not need the full contract amount, to trade. Through leveraged margin trading, you simply need a small percentage of the contract size in your account to trade, freeing up your cash for other purposes.

E.g. To buy 100,000 worth of EUR against USD, you do not need 126,000 USD.
(When EUR/USD = 1.2595/1.2600) You simply require 2,000 EUR (2% of 100,000) to execute the trade.

Margin trading allows you to execute more trades, or hold on longer to your positions.

Volume, Liquidity, Largest Financial Market

With daily transactions of an average of 2.5 trillion in 2006, you can be sure Forex is the most liquid market. Trading volume generated in a single day is equivalent to almost 3 months worth of trading volume on the NYSE.  Massive increase in volume worldwide has also fortified its position as the biggest single market in the world.

Value of Currency

For foreign exchange, the strength of the currency is backed by the country’s entire economy. Therefore, unless the country’s economy collapses, the currency that you have a position in will always have value.

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Copyright © 2006. Phillip Futures Pte Ltd. Member of PhillipCapital. All rights reserved. Company Reg No: 198305695G.