With average daily turnover of over USD $5.3 trillion, forex is the most traded market in the world.
City Index has been providing traders with access to global forex markets for over 30 years.
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Forex, also known as FX, is the world’s largest market. Currency values constantly rise and fall against one another influenced by many different factors including interest rates, inflation, government policy, employment figures and import and export demand. Currency traders aim to profit by speculating on the direction of these price movements.
Currencies are not traded on an exchange like equities, but are traded through a global network of banks, dealers and brokers 24 hours a day from Monday morning in Sydney through to Friday evening in New York.
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City Index is a trading name of GAIN Capital Australia Pty Ltd.
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The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. This is not an invitation or an offer to invest nor is it a recommendation to buy or sell investments. GAIN Capital recommends you to seek independent financial and legal advice before making any financial investment decision. Trading CFDs and FX on margin carries a higher level of risk, and may not be suitable for all investors. The possibility exists that you could lose more than your initial investment further CFD investors do not own or have any rights to the underlying assets. It is important you consider our Financial Services Guide and Product Disclosure Statement (PDS) available at www.cityindex.com.au, before deciding to acquire or hold our products. As a part of our market risk management, we may take the opposite side of your trade. GAIN Capital Australia Pty Ltd, Level 1, 62 Pitt St. Sydney NSW 2000 Australia (ACN 141 774 727, AFSL 345646) is the CFD issuer and our products are traded off exchange.