Forex trading

Online Forex Trading 2019

AvaTrade offers UK traders first class access to forex trading on a range of intuitive forex trading platforms, such as MetaTrader4 OR Metatrader 5. you too can trade a variety of major, minor & exotic currency pairs in our safe, secure and all-inclusive trading environment. Select the currency pair of your choice and make your trade!

It’s time to try us.
Enjoy competitive spreads & high leverage.

Foreign exchange trading, or forex trading, has grown in popularity over the last few years and traders worldwide are taking advantage of the many forex trading opportunities that this market offers. The foreign exchange market involves the trading of currencies, including selling, buying and exchanging these currencies.
As a result of its huge trading volume, the forex trading market represents the largest asset class in the world, making it the world’s most active financial market.

Forex trading in UK – Did you know?

The heart and soul of the currency market is right here in UK. Luckily for the retail trader, forex trading in the UK is no longer the domain of only institutional brokerages and financial trading professionals.

Today, anyone in the United Kingdom can trade confidently in the online trading forex markets, and all that is needed to get into this trading action, are internet connection and trading capital.

With the development of advanced technology, the intuitive forex trading platforms, such as those provided by AvaTrade, provide the platform on which forex trading can take place and it is accessible to novice, intermediate and professional forex traders globally.

When you trade forex online, you are able to enjoy the benefit of 24/5 trading activity, massive liquidity, and a multitude of lucrative opportunities as the markets generate so much in the way of volume. To put it into perspective, it has been estimated that the forex trading market generates well over $5 trillion a day, and at that level, currency markets dwarf all other markets combined. What this means is that the fx trading market offers traders a wealth of trading opportunities, no matter what type of trader you are.

Avatrade forex trading platforms & Leverage

  • Forex Trading Platforms

    At AvaTrade UK, we provide you with access to several different trading platforms. These are great for both manual & automated trading, depending on your trading needs. Beyond our intuitive trading platforms, we offer many unique tools & features to bolster your trading activity. This allows you to benefit from optimizing your forex trading and maximizing your overall trading experience.

    With our auto trading options, you may want to simply copy the trades of other traders in order to diversify your trading portfolios, or to boost your trading skills. You may also be interested in trading on your own, using your own strategy & analysis to enter the markets.
    Either way, AvaTrade has ensured that you have right tools and services available and we offer a complete set of possibilities for you to choose from.

    Our UK traders find tremendous benefit in the demo account that is also available on each platform, allowing you to maximize your strategies before putting any trading capital at risk. Once you master the skills, you can then move your trading to the next level by opening a real money account with the UK’s #1 regulated forex trading broker.

  • Leveraged Trading

    Leverage is a benefit of forex trading, but it is also something that should be approached with caution. When you trade currencies online, leverage allows you to take out a much larger position than you would otherwise be able to afford with your own cash resources.

    At AvaTrade, we will teach you everything you need to know about leverage, both the benefits and pitfalls, and how you can maximize your use of it when trading forex. We offer a maximum leverage of 400:1 on many of the currency pairs we offer. In other words, you only need to put down 0.25% of the position size in margin.

    As an example, you may be interested in trading the GBP/USD pair. If the current price is 1.2200 & you open a position of 100,000 units of this market, you will need $122,000 or £81,967.21. However, with leverage trading, you would require only 0.25% of this position size. This amounts to $305, or £204.91. The benefit of leverage is clearly evident! By taking on a much larger position than your available cash reserves, you can enjoy forex trading instantly, but please bear in mind that if the trade moves against you, your losses will be just as amplified as your gains. It is because of this that you are advised to use margin wisely, and since the forex trading markets can be volatile at times, it makes a lot of sense to practice your strategy on a demo platform before leveraging your trading capital.

Basis of FX trading

When we talk about forex or FX trading, we are referring to the purchase of one currency, such as the US dollar (USD), with another currency, such as the euro (EUR).
Put in another way, when you trade forex, you are buying one currency and selling the other currency in a pair. As a forex trader, you are trading currency pairs and not individual currencies.

For example, the EUR/USD pair being bought means that you are selling USD and buying EUR. If you sell the EUR/USD pair, you are selling the EUR and using those proceeds to buy the USD.

When it comes to trading forex, you are speculating as to which currency is going to rise in value against the other – this is the basis of FX trading.

How the forex trading pairs are divided?

When going to a store to buy groceries, we need to exchange one valuable asset for another – money for milk, for example. The same goes for trading forex – we buy or sell one currency for the other. The currencies in the pairs are referred to as one against another.There are three types of forex trading pairs; Major pairs, Minor pairs and Exotic pairs.

The major pairs always involve the USD, and are the most traded ones. The seven major pairs are Euro to Dollar, Dollar to Yen, Pound to Dollar, USDCAD, USDCHF, AUDUSD and NZDUSD. In the minor pairs the major currencies are traded between each other, excluding the USD. These can be EURGBP, CHFJPY and others. The exotic pairs have one major currency and one minor, such as EURTRY, USDNOK and many more.

How Do I Calculate the Cost of a Forex Trading Position?

AvaTrade UK does not charge you any commission beyond the spread. The spread indicates the difference between the quoted buy/sell prices, which is designated by a pip. A pip is the fourth decimal in a currency pair. For example, if the GBP/USD pair is trading at 1.2215, if you were to buy the GBP/USD at 1.2215 & you sell it at 1.2219, there is a movement of 4 pips.

With this in mind, the difference between the buy/sell prices quoted is in those same pips. For example, if you see the USD/CAD quoted as 1.2100/1.2103, it would be a three-pip spread. This means that the bid, or the price that people are willing to buy the currency pair for is at 1.2100.

The offer, or the sell price, is three pips above there at 1.2103. This is the only commission or charge that you will pay for placing a trade in that market.

With every forex position that you open, the spread will be multiplied by the size of your position. This means that you multiply the amount of pips (such as, 0002), times the value of the trade itself. Here at AvaTrade, you are able to trade currencies online with competitive spreads & our spreads begin from as little as 0.8 pips.

Advantages of trading forex with avatrade?

  • Regulated, Safe and Secure
    AvaTrade is regulated internationally to offer you transparent and credible trading at your leisure. You can also trade with complete confidence as our systems are secure, and constantly monitored.
  • Best-in-class costumer service
    Multilingual live support with a dedicated account manager.
  • Powerful Forex Trading Platforms
    We offer our traders access to both fully automated and manual trading platforms, that are easy to use and to navigate. AvaTrade has the right trading platform for you. srat trade with the best and most effective trading Platforms experience possible.
Forex trading
  • Access to a Choice of Currency Pairs
    We provide our traders with direct access to over 50+ currency pairs, including major, minor and exotic pairs. For example, USD/EUR, GBP/USD, USD/JPY, GBP/EUR, USD/CAD, GBP/ZAR, and many others.
  • Competitive Spreads
    Enjoy competitive spreads at AvaTrade, starting at only 0.8 pips per trade.
  • Maximum Leverage on Forex Trades
    With AvaTrade, you are able to get maximum leverage on your forex trades, giving you the ability to use small margin.
  • Access to a Wealth of Educational Resources
    Enhance and fine-tune your trading skills and strategies on our platforms. Gain access to our comprehensive educational centre and make use of the resources, including our daily market analysis and expert guides.

It’s time to try us !