Forex, sometimes merely referred to as FX, is the largest market in the world. It trades in foreign exchange. The overall daily volume traded exceeds 4.5 trillion dollars.

Unlike the other markets, Forex trading does not take place at exchanges. It is not only investors, who trade with currencies, but also banks, hedge and investment funds, insurance companies and other institutions. Traded are always pairs of currencies, of which the best known is dollar/euro. Popular are also currencies such as Japanese yen, Swiss frank and pound sterling.

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Why to invest

With VelMarket, you’ll get the most favourable conditions on the market:

MORE THAN 100 CURRENCY PAIRS

With VelMarket, available to you are more than 100 currency pairs, which will allow you to speculate on any currencies you want, and have at your disposal all movements on the Forex market.

SUPPORT IS AVAILABLE 24 HOURS A DAY, 5 DAYS A WEEK

To our clients we render the best personal and over-the-phone support in your mother tongue free of any charges. In the Prime tariff, you will be also assigned a personal assistant.

HIGH LIQUIDITY

Forex is the largest and most interesting of all financial markets. It is open 24 hours a day, and its daily trading turnover is around 5 trillion dollars. It attracts most interest from among traders.

NO CHARGES

Trading on the Forex with VelMarket is free of any charges. The only broker’s profit comes from the so called spreads which ranges between 0% and 0.0012% of the transacted volume.

AFFORDABLE

Thanks to the so called financial work and trading by means of micro lots and mini lots you can, even with a modest amount of disposable funds, achieve significant appreciation and profits. It is realistic to trade with as little as 100 dollars.

How it works

Investors monitor movements in the foreign currency fluctuations and buy or sell accordingly, the goal being to make on the following transaction as much profit as possible.

Exchange rates usually fluctuate in response to the performance of the country’s economy, rate of inflation and other factors. The advantage of this market is that one can trade 24 hours a day (no restrictions exist anywhere), depending just on everybody’s investment skills and astuteness. In addition, long as well as short positions can be opened.

With Forex, it is about a relatively speculative way how to make money, but its advantage is that it can operate also with modest amounts of money.

However, one must be always aware of the risks associated with this kind of trading, which you will, nevertheless, enjoy.

How to invests

Simply create a trading account, deposit your funds there, sign in to the application, and you are ready to start.

In Forex, one trades with pairs of currencies, you always speculate that one of the currencies will appreciate or depreciate against the other. If you believe that the euro will weaken against the dollar, you buy the EUR/USD pair of currencies. The best known currency pairs are EUR/USD, USD/JPY and GBP/USD. The behaviour of currency pairs is not easy to predict.

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TRADING ACCOUNT

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SymbolLeverage (max)Swap LongSwap ShortMax Order SizeSize of 1 LotSpreadTrading Hours
AUDCAD1:500-0,548-6,03320100 000floating00:00 – 24:00
AUDCHF1:500-0,909-6,56520100 000floating00:00 – 24:00
AUDJPY1:5000,428-5,65420100 000floating00:00 – 24:00
AUDNZD1:500-4,253-3,37320100 000floating00:00 – 24:00
AUDUSD1:500-1,459-4,0220100 000floating00:00 – 24:00
CADCHF1:500-2,971-4,6120100 000floating00:00 – 24:00
CADJPY1:500-1,903-3,80520100 000floating00:00 – 24:00
CHFPLN1:500-35,236-7,04720100 000floating00:15 – 23:55
CHFJPY1:500-6,079-6,07920100 000floating00:00 – 24:00
EURAUD1:500-10,186-2,03720100 000floating00:00 – 24:00
EURCAD1:500-5,897-2,94820100 000floating00:00 – 24:00
EURCHF1:500-4,903-5,04320100 000floating00:00 – 24:00
EURCZK1:500-0,806-0,80620100 000floating10:20 – 17:10
EURGBP1:500-2,932-2,22920100 000floating00:00 – 24:00
EURHUF1:500-16,661-4,38420100 000floating00:20 – 23:55
EURJPY1:500-4,012-4,19420100 000floating00:00 – 24:00
EURNOK1:500-39,37-23,62220100 000floating00:20 – 23:55
EURNZD1:500-11,4851,46220100 000floating00:00 – 24:00
EURPLN1:500-28,9780,5820100 000floating00:15 – 23:55
EURRON1:500-36,6456,71820100 000floating10:20 – 14:55
EURRUB1:50-221,31847242,29965320100 000750009:05 – 18:00
EURSEK1:500-39,772-41,04620100 000floating00:20 – 23:55
EURTRY1:500-89,69624,91555620100 000floating00:00 – 24:00
EURUSD1:500-5,108-1,31420100 000floating00:00 – 24:00
GBPAUD1:500-11,7690,2420100 000floating00:00 – 24:00
GBPCAD1:500-6,935-4,54420100 000floating00:00 – 24:00
GBPCHF1:500-6,057-7,12620100 000floating00:00 – 24:00
GBPJPY1:500-3,891563-5,00343820100 000floating00:00 – 24:00
GBPNZD1:500-12,8190,47520100 000floating00:00 – 24:00
GBPRON1:500-39,4961,46320100 000floating10:20 – 14:55
GBPSGD1:500-5,502-6,14120100 000floating00:00 – 24:00
GBPTRY1:500-105,16229,37520100 000floating00:00 – 24:00
GBPUSD1:500-5,927-2,4420100 000floating00:00 – 24:00
NZDCAD1:500-0,406-6,62320100 000floating00:00 – 24:00
NZDCHF1:500-0,794-6,94620100 000floating00:00 – 24:00
NZDJPY1:5000,533-6,07220100 000floating00:00 – 24:00
NZDUSD1:500-1,262-4,4420100 000floating00:00 – 24:00
USDCAD1:500-3,505-5,34920100 000floating00:00 – 24:00
USDCHF1:500-3,408-7,09920100 000floating00:00 – 24:00
USDCZK1:500-0,352-1,23320100 000floating10:20 – 17:10
USDHUF1:500-11,193-10,36420100 000floating00:20 – 23:55
USDJPY1:500-1,794-6,03420100 000floating00:00 – 24:00
USDMXN1:100-35,188120,431820100 000floating00:00 – 24:00
USDNOK1:500-22,682-39,39620100 000floating00:20 – 20:55
USDPLN1:500-22,871-7,62420100 000floating00:15 – 23:55
USDRON1:500-25,853-4,70120100 000floating10:20 – 14:55
USDRUB1:50-176,51519,22820100 000floating09:05 – 18:00
USDSEK1:500-24,468-57,95120100 000floating00:20 – 23:55
USDSGD1:500-2,476-6,98920100 000floating00:00 – 24:00
USDTRY1:500-82,21324,32320100 000floating00:00 – 24:00
USDZAR1:500-28,8759,68920100 000floating00:00 – 24:00

The spreads provided are a reflection of the time-weighted average. Though Velmarket.com attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.