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Forex

Forex  

Do you like speed and dynamics? Do you have your own vision of tomorrow’s global economy? If so, trading on foreign exchange market suits you perfectly! Become a customer of Renesource Capital and appreciate our trading conditions as soon as today!

FOREX market

Forex is the international interbank currency market that doesn’t not sleep. The market functions around the world, from Wellington in New Zealand to Los Angeles in the USA, it operates around the clock, 24 hours a day, 5 days a week.

The international FOREX market is by far the largest financial instruments OTC market in the world. According to the Bank of International Settlements data (BIS, www.bis.org, global FOREX turnover climbed to 5.3 trillion USD per day in 2013 from 4.0 trillion USD in 2010. This 35% rise even outpaced the 20% rise from 2007 to 2010! It is worth noting that spot was the largest contributor to turnover growth, accounting for 41% of the turnover rise. At 2.05 trillion USD per day, SPOT trading almost reached the same volume as FOREX swaps (2.23 trillion USD) and accounts for 39% of total FOREX turnover.

Obviously, the main part of foreign exchange transactions volume is carried out by large participants of the forex market: central banks, credit institutions, investment banks, hedge funds, asset managers, transnational corporations etc., who perform foreign exchange transactions either for speculative purposes or for hedging against exchange rate risks.

In the last decates, the dynamics of forex rates fluctuations have been greately by such factors as large international mergers and acquisitions (M&A), which generate significant cash flows.

Nevertheless, today, in the age of modern information technologies and information flows, retail clients play an increasingly important role and gain a larger share of financial and capital markets, asserting themselves as quite aggressive and serious market participants.

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.