Forex transacting (Foreign Exchange)

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The Forex market is the most liquid market worldwide, the daily volume being of billions of Euro.


Forex implies transacting currency pairs, respectively speculating the increase or the decrease of one in the detriment of the other currency. The explicitation of this type of instruments can be found in the section "The Capital Market" subsection "Forex".

 

Transacting on FOREX has the following advantages


  • being an preeminently speculative market, it has no liquidity limits
  • commission 0 as well as very low spreads starting from 2 pips
  • "real time" technical analysis with the possibility of tracking most technical indicators
  • market open for 24 hours/day except for the weekends
  • portfolio underlining the positions opened in "real time"
  • the opening margin of the positions starts from 1% from the notional value (according to the chosen currency pair) and this involves a very high leverage
  • the possibility of currency hedging (currency protection for the exporting companies or importing companies in Romania)
  • the possibility of speculating the ability to foresee the intervention of the national banks in the currency markets for sterilization operations, etc.
  • # the possibility of protecting the investment by orders of the type Stop Loss or Take Profit
 

FOREX transacting with SSIF Romcapital S.A.


When you decide to invest in such instruments you will need a bank account opened in your name in Euro or USD (which subsequently will also become the implicit currency of the account).


Subsequently you will be able to opt for one of the two types of accounts which SSIF Romcapital S.A. offers its clients:


  • STANDARD which implies that you personally take care of the personal transactions by means of the platform or
  • ADMINISTRATED if you wish that the analysis team of Romcapital think and perform the transactions for you.

Both the necessary documentation and the detailed specifications can be consulted in the section "Online transactions" subsection Opening of account Stockhit world

 

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