Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded. It actually determines the exchange rate for currencies worldwide. People participating in forex trading can either buy, sell, exchange or speculate on currency pairs such as EUR/USD and GBP/USD and eventually towards what you believe could potentially be more profitable.
In Forex, currency pairs can be traded without physically owning currencies. In addition, a profit or a loss can be made from both upward and downward market trends.
Currencies are always traded in pairs; this market (the foreign exchange market) does not set a currency’s absolute value but rather determines its relative value by setting the market price of one currency if paid for with another.
Example EUR/USD = 1.1163 USD for each one EUR.
| Currency Pair | Minimum Spread | Typical Average Spread | Size of 1 lot | Pip Value | Minimum Price Fluctuation | Minimum Contract Size |
|---|---|---|---|---|---|---|
|
EUR/USD
|
0.7
|
1.2
|
100000 EUR
|
10 USD
|
0.00001 |
0.01 lot
|
|
GBP/USD
|
0.8 |
1.3 |
100000 GBP
|
10 USD
|
0.00001
|
0.01 lot
|
|
NZD/USD
|
2.8 |
2.8
|
100000 NZD
|
10 USD
|
0.00001 |
0.01 lot
|
|
USD/JPY
|
0.4 |
0.9 |
100000 USD
|
1000 JPY
|
0.001
|
0.01 lot
|
|
USD/CHF
|
1.3 |
1.4 |
100000 USD
|
10 CHF
|
0.00001
|
0.01 lot
|
|
USD/CAD
|
1.3 |
1.5 |
100000 USD
|
10 CAD
|
0.0001 |
0.01 lot
|
Important note: The Company, for risk management purposes, reserves the right to change the client’s account leverage based on trading activity or to reflect prevailing market conditions. A possible reduction in leverage may cause the liquidation of some or all of the client’s positions.
Zero margin requirements for opening a hedged position provided free margin is positive (Margin Level > 100%)
KENT INVESTMENTS LTD is a company regulated by the Financial Services Commission (FSC) of Mauritius as an investment dealer (License No: GB24202944). Registered office: 33, Edith Cavell Street co IQ EQ Fund Services (Mauritius) Ltd, Port-Louis, 11324, Mauritius.
KENT INVESTMENTS LLC is a company registered in Saint Vincent and the Grenadines (registration number 2862LLC 2023), offers CFDs trading to its clients. Address: Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines. P.O. Box 2897, Kingstown, VC0100, St. Vincent and the Grenadines. Email: support@kentinvest.io Physical address and phone number in Cyprus (13 Irakleous, 4186, Ypsonas, Cyprus; +357 9778 7128).
Risk Warning
There is a high level of risk involved when trading leveraged products such as Crypto CFDs. The majority of retail investor accounts lose money when trading CFDs with CFD providers. You should not risk more than you can afford to lose, as it is possible to lose the entire amount of your account balance.
You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always consider your level of experience.
Copy-trading services imply additional risks to your investment due to the nature of such products. If the risks involved seem unclear to you, please consult an outside specialist for independent advice. Kent Investments Ltd does not target EU/EEA/UK clients. The marketing material on this website is not intended for US residents. Kent Investments Ltd does not operate in any restricted countries.
