FAQ Trader Maxâ„¢
Useful information
What is FOREX (FX)
FOREX (an abbreviation for foreign exchange, meaning "foreign exchange market") is a decentralized financial market for foreign exchange transactions, being considered the largest market in the world.
In terms of volume of money, it handles more than 5 trillion US dollars daily. According to 2007 data, it traded around 3.43 times more than all the bond markets in the world combined, and 9.63 times the volume traded on the world stock market.
Whats is Contract for difference (CFD's)
In finance, a difference contract (CFD) is a contract between two parties, usually described as "buyer" and "seller", stipulating that the buyer will pay the seller the difference between the current value of an asset and its value over time. contract (if the difference is negative, the seller pays the buyer).
What is Little HFT
This system is fully automated,
for operations in the FX market, with a new user integration system, it is possible to schedule or cancel order closings, check VPS Status, Activate / Deactivate the Expert remotely, among other functions, low DD system and daily reports.
What is Ask and Bid (SPREAD)
The 2 types of currency prices in the foreign exchange market are Bid and Ask. The price we pay to buy the pair is called Ask and is always slightly above the market price. The price at which we sell the pair on the exchange rate is called Bid and is always slightly below the market price.
The price we see on the chart is always the Bid price. The Ask price is always a few pips above the Bid price, and the spread is the difference between these two prices. That is, it is a commission that you pay to your broker for each transaction.
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