Forex

WITH ICONIC CAPITAL YOU CAN TRADE BASIC,

minor and exotic currency pairs including EUR / USD, NZD / JPY, and USD / NOK. We offer a wide range of tools to help protect your profits and limit losses.

WHY CHOOSE ICONIC CAPITAL
FOR FORE TRADING?

Instant order execution from 0.05 sec.

The most reliable negative balance protection.

Ability to open a good deal, using our charts.

A wide range of instruments, over 50 assets are available.

WHAT IS FOREX?

Forex is a marketplace with the largest capitalization (the average daily trading volume reaches $ 5 trillion). The main asset on this exchange is currency pairs. The market is open Monday at 8:00 am Sydney time and closes on Friday at 4:00 pm New York time. SimplY put, on Forex you buy / sell one currency for another at a favorable rate.

WHAT CAN AFFECT THE CURRENCY RATE IN FOREX?

The change in the course is influenced by both economic and political factors. This includes relations between specific countries, their trading conditions, economic stability, interest rates, balance of payments, and so on.

We offer you to use our economic calendar. This will allow you to track the range of events and data affecting Forex in real time.

EXAMPLES OF FOREX TRADING

Transparent terms

For example that the EUR / USD rate is 1.33571 / 1.33572. You sell one lot (€ 100,000) at 1.33571.

Closing an order

After a while, the euro dropped against the dollar to 1.32210 / 1.32211. Now you buy one lot at 1.32211 and take your profit.

Profit calculation

Opening price€100,000 х 1.33571 = $133571

Closing price€100,000 х 1.32211 = $132211

Trade income$1360

TRADING IN FINANCIAL MARKETS IS ALWAYS RELATED TO CERTAIN RISKS. MORE ABOUT THEM:

USE OF LEVERAGE.

Under unstable exchange conditions, working with leverage can lead to large losses (as well as large profits).

RISKS RELATED WITH A COUNTRY ISSUER.

The currencies of the state with political and economic stability have more liquidity and less volatility than the monetary units of developing countries.

INTEREST RATES.

A country’s interest rate policy significantly affects its exchange rate. When the interest rate changes, the currency of the state rises or falls.

START TRADING ON THE WORLD EXCHANGE RIGHT NOW!