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What is Forex?

Forex is the international market where currencies are traded. The main participants involved in Forex transactions are banks, through the direct exchange of currencies. However, there are other market participants in Forex, namely the currency traders, whose principal goal is to make money on the difference in exchanging rates.

Traders trade currencies for profit, by performing their transactions with the assistance of companies providing Forex-related services or, as they are often called, Forex brokers.

Forex brokers are specialised companies that provide access to the market for the conduction of online trading.

Learn how to trade Forex

Traders can learn how to trade Forex on their own, by studying specialised literature, or by attending Forex training courses.

TeleTrade’s training programs are designed to prepare individuals to trade successfully in financial markets. There are suitable seminars for beginners and experienced traders, which are conducted online and in-house (TeleTrade offices), so traders can choose the most convenient way for them. Individual approach to each client and education of the highest standards are only some of the main features of our training programs.

Profit through capital appreciation

Access to the Forex market is provided through a computer program, which is called 'trading platform'. Investors can download their preferred trading platform and start trading in the foreign exchange market.

Capital appreciation in the Forex market is possible due to constant changes in exchange rates. For example, if you buy 1 euro for 1.2 US dollars today and tomorrow the dollar will cost 1.3, then by selling the dollar tomorrow, you get a profit of 0.1 dollar. Forex is normally traded with much larger amounts, therefore the attainable profit is much greater and so are the risks.

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  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

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    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

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