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Peculiarities of exchange trading
Exchange trading does not imply the physical presence at the time of the transaction of trading objects - commodities and securities.
Represents an organized market where the rules of perfect competition apply.
Prices are formed solely on the basis of supply and demand and are published daily. They are fixed and then published at the beginning and end of the working day.
All market participants are provided with the same conditions for making transactions and trading operations.
Exchange transactions are conducted on the principle of an auction for the purchase and sale of raw materials, commodities, securities and currency.
Pros
- with luck and professionalism there is an opportunity to earn a lot of money
- Independence (for a professional trader)
- thrill of constant play
Minuses
- risk of loss
- Citizens' attitude towards traders as fraudsters and speculators
- high emotional intensity
FAQ
How can I open an account?
In the registration form on the page that opens, create a "login" and "password" for registration. Familiarize yourself with the documents listed at the bottom of the window, if you have not done so before, check the box next to the phrase "I agree", then click "Register". After that choose the appropriate account type and deposit it. The deposit will be made automatically.
How do I replenish my account?
There are several ways to deposit and withdraw funds from your personal cabinet. You can replenish your account through your personal cabinet. Log in, choose a payment system and make a payment. More detailed information can be found in the "Deposit and Withdrawal of Funds" section of the personal cabinet.
Do I have to pay taxes?
Our company is not the client's tax agent, so you fulfill all tax obligations on your own.
How long do withdrawal requests take to process?
In accordance with the Maximum Trading Inc regulations, withdrawal requests are processed within 3 business days from the date of their submission. As a rule, this takes no more than 24 hours. The exception is withdrawals by bank transfer. In these cases, withdrawal requests are processed up to 5 business days.
How is the price of a currency determined?
There are many factors that determine the price of a currency: economic and political news, interest rates, inflation, natural disasters and so on. Even the attitude of traders to the market influences the price. It is impossible to predict the price, but there are different types of analysis that can predict the future price development with a high probability.
What are "market trading hours"?
Forex is open 24 hours a day, 5 days a week. The market opens on Sunday at 22:00 GMT, and closes on Friday at 22:00 GMT:
Sydney session is open from 22:00 to 7:00 GMT
Tokyo from 00:00 to 9:00 GMT
London from 8:00 to 17:00 GMT
New York from 13:00 to 22:00 GMT
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