Forex Trading
Trade on Forex Trading
CoinruleFX gives you access to trading forex as you can execute your buy and sell orders on their trading platforms.
Once you open an active account, you can start trading forex — and you will be required to make a deposit to cover the costs of your trades. This is called a margin account which uses financial derivatives like CFDs to buy and sell currencies.
Forex trading is the buying and selling of currencies on the foreign exchange market with the aim of making a profit.
Forex is the world’s most-traded financial market, with transactions worth trillions of dollars taking place every day.
When you trade CFDs you do so with leverage – meaning you can win, or lose, a significant amount more than your initial deposit – called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.
Your key payment for trading CFDs on forex is the spread – the difference between the buy and the sell price – our charge for executing your trade. We work to keep our spreads among the lowest in the business.