Trade Forex with Admirals
OUR FOREX INSTRUMENTS
Check the latest prices on our top Forex CFDs on currency pairs. As you can see, the foreign exchange market is in constant flux, with volatility being one of the key characteristics of Forex trading.
LEARN FOREX BASICS WITH ADMIRAL MARKETS EDUCATIONAL VIDEOS
Step up your trading with our free online Forex and CFD trading videos. We hope that these three videos will help you learn the Forex basics to begin trading Forex and CFDs.
What is Forex?
A Trader’s Starter Pack
Practise Time! Get Your Own Demo Account
TRADE FOREX WITH ADMIRAL MARKETS
Admirals is a multi-national, award-winning Forex and CFD online broker. We offer trading CFDs on currency pairs, shares, stock indices, commodities, ETFs and bonds.
FIND OUT MORE ABOUT FOREX TRADING
If you have questions about Forex trading, we have the answers! Check out our Frequently Asked Questions. If you don’t find the answer you’re looking for, please don’t hesitate to contact customer support team.
The Forex market, also known as the foreign exchange market or FX, is the market in which currencies are traded. This financial market is the largest and most liquid in the world. Trading is open 24 hours a day, five days a week. To demonstrate the enormity of its volume, the New York Stock Exchange handles approximately $169 billion worth of transactions a day, while the Forex market sees over $5 trillion worth of transactions a day!
The Forex market is open 24 hours a day, 5 days a week and currencies are traded worldwide among the major financial centres. The market opens on Sunday at 10:00 pm GMT, and closes on Friday at 10:00 pm GMT. The specific hours of each centre are as follows:
- Sydney – 10:00 pm - 7:00 am GMT
- Tokyo – 12:00 am - 9:00 am GMT
- London – 8:00 am - 5:00 pm GMT
- New York – 1:00 pm -10:00 pm GMT
This really depends on how you intend to trade, whether you use leverage and to what level and how much capital you decide to risk. You could start by investing $50, or $50,000 – the sky is the limit. However, you should remember that increasing the amount of leverage also increases the level of risk you’re exposed to. Ultimately, trading boils down to a trader’s psychological tolerance and management of risk. Skilled traders are able to minimise risk and maximise profit through careful market analysis, developing an effective trading strategy and money management rules.
There are a number of main-players in the Forex market, including central banks, commercial banks, and investment banks. This is known as the interbank market, as they constantly deal with each other on behalf of themselves or their customers. There are a number of other participants in the foreign exchange market, however, which also includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders and individual investors.
There are many factors that can impact – or potentially impact – currency market prices. Such factors include economic and political events and announcements, interest rates, inflation levels and natural disasters – among others. There’s no sure-fire way to predict price movements, but some handy hints can be gleaned through the analytical techniques implemented and shared by trading analysts.
MetaTrader 4 and MetaTrader 5 are the world’s most popular trading platforms. Admirals also offers a unique package of over 60 unique tools, indicators and add-ons – the MetaTrader Supreme Edition – which is available for both MT5 and MT4. Admirals’ traders can also trade Forex online without downloading anything – directly in their web-browser – with MetaTrader WebTrader.
Check out our other educational content, including articles, training programs, seminars, webinars and video tutorials. Practise makes perfect, of course, and the best way to get started is by creating a free Demo account. Beginner and experienced traders alike use Demo accounts to get a feel for currency trading and then to test and fine-tune trading strategies and set-up add-ons, plugins, scripts and indicators. Demo accounts are free of both charge and risk and allow you to practise in a real-market environment, with virtual money. If you haven’t already got one, sign-up now!
To make a profit while Forex trading online, you need the market to move in your favour. You can help your chances of this by analysing the market in various ways. Technical analysis involves trends, historical data and current market movements. It’s more statistically focussed in examining charts and indicators. Alternatively, you could look at fundamental analysis, which focuses more on important economic events and announcements that may influence the market. Whichever type of analysis you decide to follow, you should look to build a formulated Forex trading strategy, incorporating wise decision making and appropriate money and risk management. The sum of your profit depends on the efficiency of your trading strategy, on how well you learn to predict market movements, your risk management strategy and on the amount you choose to deposit.
Admirals can provide you with all of the information you you could ever possibly need to know to help you start or improve at trading Forex online. To find out more about Forex trading strategies, we suggest you check out our other educational content, which includes hundreds of in-depth articles, as well as training programs, seminars, webinars and video tutorials.
Admirals has some great educational courses that you should try out. Check out our education section for more information.
Forex spreads brokers comparison
All data from the webpage of certain service provider as of April 2022.
Admirals spreads are typical for the main trading hours.
Spreads from other service providers are either typical or minimal for the main trading hours and depend on the particular service provider offer.
BEST CFD BROKER 2022
Deutsches Kundeninstitut Award Top CFD Broker 2016, 2018 - 2022
BEST CFD BROKER 2022
Brokerwahl.de CFD Broker of the Year 2019 - 2022 First Place
BEST CFD BROKER 2021
Brokervergleich Best Forex Broker 2016 - 2021 First Place
BEST BROKER 2021
Traders` Magazine ES Awards: Best Broker 2018 - 2021 Customer Support 2021