Forex
Advantages of Trading Forex with ABET Global
Access to over 50 currency pairs, including majors, crosses, and exotics.
Available five days a week, 24 hours a day.
Leverage up to 1:1000.
Zero swap fees on Raw Spread, Micro, Standard and Prime Accounts.
Tight spreads with no re-quotes.
No hidden charges.
Over 500 Global Investment Instruments Available.
Select the market that aligns with your investment strategies and begin trading with your preferred instruments. ABET Global offers a wide range of options, including Forex, Stocks, Metals & Commodities, FX Indices, and Indices transactions.
- For Raw Spread Accounts
- For Standard Accounts
- For Prime Accounts
- For Micro Accounts
S.No | Instrument | Minimum | Maximum |
---|---|---|---|
1 | EURUSD | 0 | 0.8 |
2 | GBPUSD | 0.2 | 1 |
3 | AUDUSD | 0.3 | 1.1 |
4 | USDJPY | 0.3 | 1.1 |
5 | NZDUSD | 0.1 | 0.9 |
6 | USDCAD | 0.3 | 1.1 |
7 | USDSGD | 0.6 | 1.4 |
8 | USDTRY | 18.6 | 19.4 |
9 | USDCHF | 0.3 | 1.1 |
10 | USDZAR | 0.5 | 1.3 |
11 | USDMXN | 0.5 | 1.3 |
12 | USDCHN | 6 | 6.8 |
13 | USDNOK | 20.6 | 21.4 |
14 | USDHKD | 1.6 | 2.4 |
15 | USDDKK | 3.5 | 4.3 |
16 | USDPLN | 4.4 | 5.2 |
17 | USDSEK | 14.4 | 15.2 |
18 | XAUUSD | 0.6 | 1.4 |
19 | XAGUSD | 0.6 | 1.4 |
20 | AUDCAD | 0.8 | 1.6 |
21 | AUDCHF | 0.5 | 1.3 |
22 | AUDJPY | 1.1 | 1.9 |
23 | AUDNZD | 1 | 1.8 |
24 | CADCHF | 0.3 | 1.1 |
25 | CHFJPY | 1.1 | 1.9 |
26 | GBPCAD | 1.1 | 1.9 |
27 | GBPCHF | 0.7 | 1.5 |
28 | EURCHF | 0.5 | 1.3 |
29 | EURJPY | 0.8 | 1.6 |
30 | GBPJPY | 1.2 | 2 |
31 | EURCAD | 0.5 | 1.3 |
32 | NZDJPY | 0.8 | 1.6 |
33 | NZDCAD | 0.6 | 1.4 |
34 | GBPNZD | 1.7 | 2.5 |
35 | CADJPY | 0.8 | 1.6 |
36 | NZDCHF | 0.1 | 0.9 |
37 | EURAUD | 1.1 | 1.9 |
38 | EURNZD | 1.1 | 1.9 |
39 | GBPAUD | 1.8 | 2.6 |
40 | EURNOK | 16.6 | 17.4 |
41 | GBPNOK | 25.7 | 26.5 |
42 | NOKSEK | 3.6 | 4.4 |
43 | USDNOK | 17.4 | 18.2 |
44 | EURHKD | 5.5 | 6.3 |
45 | USDHKD | 1.1 | 1.9 |
46 | HKDJPY | 0.4 | 1.2 |
47 | NOKJPY | 0.7 | 1.5 |
48 | AUDSGD | 0.5 | 1.3 |
49 | EURPLN | 7.5 | 8.3 |
50 | EURSEK | 13.6 | 14.4 |
51 | EURSGD | 0.8 | 1.6 |
52 | EURTRY | 104 | 104.8 |
53 | GBPSEK | 22.3 | 23.1 |
54 | GBPSGD | 1.4 | 2.2 |
55 | NZDSGD | 0.7 | 1.5 |
56 | SGDJPY | 1.2 | 2 |
S.No | Instrument | Minimum | Maximum |
S.No | Instrument | Minimum | Maximum |
---|---|---|---|
1 | EURUSD | 1.1 | 1.9 |
2 | GBPUSD | 1.3 | 2.1 |
3 | AUDUSD | 1.4 | 2.2 |
4 | USDJPY | 1.4 | 2.2 |
5 | NZDUSD | 1.2 | 2 |
6 | USDCAD | 1.4 | 2.2 |
7 | USDSGD | 1.7 | 2.5 |
8 | USDTRY | 19.7 | 20.5 |
9 | USDCHF | 1.4 | 2.2 |
10 | USDZAR | 1.6 | 2.4 |
11 | USDMXN | 1.6 | 2.4 |
12 | USDCHN | 7.1 | 7.9 |
13 | USDNOK | 21.7 | 22.5 |
14 | USDHKD | 2.7 | 3.5 |
15 | USDDKK | 4.6 | 5.4 |
16 | USDPLN | 5.5 | 6.3 |
17 | USDSEK | 15.5 | 16.3 |
18 | XAUUSD | 1.7 | 2.5 |
19 | XAGUSD | 1.7 | 2.5 |
20 | AUDCAD | 1.9 | 2.7 |
21 | AUDCHF | 1.6 | 2.4 |
22 | AUDJPY | 2.2 | 3 |
23 | AUDNZD | 2.1 | 2.9 |
24 | CADCHF | 1.4 | 2.2 |
25 | CHFJPY | 2.2 | 3 |
26 | GBPCAD | 2.2 | 3 |
27 | GBPCHF | 1.8 | 2.6 |
28 | EURCHF | 1.6 | 2.4 |
29 | EURJPY | 1.9 | 2.7 |
30 | GBPJPY | 2.3 | 3.1 |
31 | EURCAD | 1.6 | 2.4 |
32 | NZDJPY | 1.9 | 2.7 |
33 | NZDCAD | 1.7 | 2.5 |
34 | GBPNZD | 2.8 | 3.6 |
35 | CADJPY | 1.9 | 2.7 |
36 | NZDCHF | 1.2 | 2 |
37 | EURAUD | 2.2 | 3 |
38 | EURNZD | 2.2 | 3 |
39 | GBPAUD | 2.9 | 3.7 |
40 | EURNOK | 17.7 | 18.5 |
41 | GBPNOK | 26.8 | 27.6 |
42 | NOKSEK | 4.7 | 5.5 |
43 | USDNOK | 18.5 | 19.3 |
44 | EURHKD | 6.6 | 7.4 |
45 | USDHKD | 2.2 | 3 |
46 | HKDJPY | 1.5 | 2.3 |
47 | NOKJPY | 1.8 | 2.6 |
48 | AUDSGD | 1.6 | 2.4 |
49 | EURPLN | 8.6 | 9.4 |
50 | EURSEK | 14.7 | 15.5 |
51 | EURSGD | 1.9 | 2.7 |
52 | EURTRY | 105.1 | 105.9 |
53 | GBPSEK | 23.4 | 24.2 |
54 | GBPSGD | 2.5 | 3.3 |
55 | NZDSGD | 1.8 | 2.6 |
56 | SGDJPY | 2.3 | 3.1 |
57 | UKOIL | 2.1 | 2.9 |
58 | US OIL | 2.1 | 2.9 |
59 | NGAS | 1.6 | 2.4 |
60 | DE40 | 1.5 | 2.3 |
61 | ES35 | 1.6 | 2.4 |
62 | EU50 | 1.2 | 2 |
63 | FR40 | 1.18 | 1.98 |
64 | AU200 | 1.22 | 2.02 |
65 | HK50 | 1.5 | 2.3 |
66 | UT100 | 1.16 | 1.96 |
67 | UK100 | 1.17 | 1.97 |
68 | JP225 | 1.6 | 2.4 |
69 | US30 | 1.22 | 2.02 |
70 | US500 | 1.4 | 2.2 |
71 | XAUUSD | 1.7 | 2.5 |
72 | XAGUSD | 1.7 | 2.5 |
73 | |||
S.No | Instrument | Minimum | Maximum |
S.No | Instrument | Minimum | Maximum |
---|---|---|---|
1 | EURUSD | 1.6 | 2.7 |
2 | GBPUSD | 1.8 | 2.9 |
3 | AUDUSD | 1.9 | 3 |
4 | USDJPY | 1.9 | 3 |
5 | NZDUSD | 1.7 | 2.8 |
6 | USDCAD | 1.9 | 3 |
7 | USDSGD | 2.2 | 3.3 |
8 | USDTRY | 20.2 | 21.3 |
9 | USDCHF | 1.9 | 3 |
10 | USDZAR | 2.1 | 3.2 |
11 | USDMXN | 2.1 | 3.2 |
12 | USDCHN | 7.6 | 8.7 |
13 | USDNOK | 22.2 | 23.3 |
14 | USDHKD | 3.2 | 4.3 |
15 | USDDKK | 5.1 | 6.2 |
16 | USDPLN | 6 | 7.1 |
17 | USDSEK | 16 | 17.1 |
18 | XAUUSD | 2.2 | 3.3 |
19 | XAGUSD | 2.2 | 3.3 |
20 | AUDCAD | 2.4 | 3.5 |
21 | AUDCHF | 2.1 | 3.2 |
22 | AUDJPY | 2.7 | 3.8 |
23 | AUDNZD | 2.6 | 3.7 |
24 | CADCHF | 1.9 | 3 |
25 | CHFJPY | 2.7 | 3.8 |
26 | GBPCAD | 2.7 | 3.8 |
27 | GBPCHF | 2.3 | 3.4 |
28 | EURCHF | 2.1 | 3.2 |
29 | EURJPY | 2.4 | 3.5 |
30 | GBPJPY | 2.8 | 3.9 |
31 | EURCAD | 2.1 | 3.2 |
32 | NZDJPY | 2.4 | 3.5 |
33 | NZDCAD | 2.2 | 3.3 |
34 | GBPNZD | 3.3 | 4.4 |
35 | CADJPY | 2.4 | 3.5 |
36 | NZDCHF | 1.7 | 2.8 |
37 | EURAUD | 2.7 | 3.8 |
38 | EURNZD | 2.7 | 3.8 |
39 | GBPAUD | 3.4 | 4.5 |
40 | EURNOK | 18.2 | 19.3 |
41 | GBPNOK | 27.3 | 28.4 |
42 | NOKSEK | 5.2 | 6.3 |
43 | USDNOK | 19 | 20.1 |
44 | EURHKD | 7.1 | 8.2 |
45 | USDHKD | 2.7 | 3.8 |
46 | HKDJPY | 2 | 3.1 |
47 | NOKJPY | 2.3 | 3.4 |
48 | AUDSGD | 2.1 | 3.2 |
49 | EURPLN | 9.1 | 10.2 |
50 | EURSEK | 15.2 | 16.3 |
51 | EURSGD | 2.4 | 3.5 |
52 | EURTRY | 105.6 | 106.7 |
53 | GBPSEK | 23.9 | 25 |
54 | GBPSGD | 3 | 4.1 |
55 | NZDSGD | 2.3 | 3.4 |
56 | SGDJPY | 2.8 | 3.9 |
S.No | Instrument | Minimum | Maximum |
S.No | Instrument | Minimum | Maximum |
---|---|---|---|
1 | EURUSD | 1.1 | 1.9 |
2 | GBPUSD | 1.3 | 2.1 |
3 | AUDUSD | 1.4 | 2.2 |
4 | USDJPY | 1.4 | 2.2 |
5 | NZDUSD | 1.2 | 2 |
6 | USDCAD | 1.4 | 2.2 |
7 | USDSGD | 1.7 | 2.5 |
8 | USDTRY | 19.7 | 20.5 |
9 | USDCHF | 1.4 | 2.2 |
10 | USDZAR | 1.6 | 2.4 |
11 | USDMXN | 1.6 | 2.4 |
12 | USDCHN | 7.1 | 7.9 |
13 | USDNOK | 21.7 | 22.5 |
14 | USDHKD | 2.7 | 3.5 |
15 | USDDKK | 4.6 | 5.4 |
16 | USDPLN | 5.5 | 6.3 |
17 | USDSEK | 15.5 | 16.3 |
18 | XAUUSD | 1.7 | 2.5 |
19 | XAGUSD | 1.7 | 2.5 |
20 | AUDCAD | 1.9 | 2.7 |
21 | AUDCHF | 1.6 | 2.4 |
22 | AUDJPY | 2.2 | 3 |
23 | AUDNZD | 2.1 | 2.9 |
24 | CADCHF | 1.4 | 2.2 |
25 | CHFJPY | 2.2 | 3 |
26 | GBPCAD | 2.2 | 3 |
27 | GBPCHF | 1.8 | 2.6 |
28 | EURCHF | 1.6 | 2.4 |
29 | EURJPY | 1.9 | 2.7 |
30 | GBPJPY | 2.3 | 3.1 |
31 | EURCAD | 1.6 | 2.4 |
32 | NZDJPY | 1.9 | 2.7 |
33 | NZDCAD | 1.7 | 2.5 |
34 | GBPNZD | 2.8 | 3.6 |
35 | CADJPY | 1.9 | 2.7 |
36 | NZDCHF | 1.2 | 2 |
37 | EURAUD | 2.2 | 3 |
38 | EURNZD | 2.2 | 3 |
39 | GBPAUD | 2.9 | 3.7 |
40 | EURNOK | 17.7 | 18.5 |
41 | GBPNOK | 26.8 | 27.6 |
42 | NOKSEK | 4.7 | 5.5 |
43 | USDNOK | 18.5 | 19.3 |
44 | EURHKD | 6.6 | 7.4 |
45 | USDHKD | 2.2 | 3 |
46 | HKDJPY | 1.5 | 2.3 |
47 | NOKJPY | 1.8 | 2.6 |
48 | AUDSGD | 1.6 | 2.4 |
49 | EURPLN | 8.6 | 9.4 |
50 | EURSEK | 14.7 | 15.5 |
51 | EURSGD | 1.9 | 2.7 |
52 | EURTRY | 105.1 | 105.9 |
53 | GBPSEK | 23.4 | 24.2 |
54 | GBPSGD | 2.5 | 3.3 |
55 | NZDSGD | 1.8 | 2.6 |
56 | SGDJPY | 2.3 | 3.1 |
S.No | Instrument | Minimum | Maximum |
Forex Trading Hours (GMT+2, DST may apply)
Monday – Friday: 00:05 – 23:50
** If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called “swap.” In the trading terminal, “swap” is automatically converted into the deposit currency. The operation is conducted at 00:00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days.
*** Min. level for placing pending orders at a current market price.
****For all account types, the leverage for EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, and USDCNH is capped at 1:50, and for USDTRY, EURTRY it is capped at 1:100.
For all account types, the leverage is capped at 1:400 for all CHF currency pairs.
Swap Information:
If you hold a position overnight, a swap fee or gain is calculated based on the interest rate differential between the two currencies in the pair. This swap is automatically converted into your deposit currency at 00:00 GMT+2 and may take several minutes to process. From Wednesday to Thursday, the swap fee is charged for three days.
Leverage Limits:
For all account types:
- 1:50 leverage on EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, and USDCNH.
- 1:100 leverage on USDTRY and EURTRY.
- 1:400 leverage on all CHF currency pairs.
Understanding Forex Trading
Forex trading, also known as currency or FX trading, involves the exchange of currencies in a global, decentralized marketplace. This system, in place since after World War II, replaced the Bretton Woods Agreement, which had pegged currencies to gold reserves.
Forex Trading Marketplace
The forex market is the largest and most liquid in the world, facilitated by advances in online transactions, global travel, communication, and transportation. These factors have fostered a rapidly growing and dynamic marketplace where currencies are essential for facilitating global commerce.
Online Forex Trading
Retail forex traders, who are individuals participating for speculative purposes or risk hedging, represent a significant and growing segment of the market. These traders engage through brokers like ABET Global or banks, using trading accounts typically funded in their local currency to buy and sell currencies online or by phone.
Trading Forex via a Broker
Using a broker such as ABET Global provides clients with real-time market pricing and buy/sell quotes through an online trading platform. Clients can choose their transaction prices and execute trades at their convenience.
Forex trading, also known as currency trading or FX trading, involves exchanging one currency for another in a global, decentralized marketplace. Traders participate to speculate on currency movements or hedge against risks. The FX market, which is open 24 hours a day, five days a week, is the largest financial market in the world.
Forex trading is popular because of its liquidity, accessibility, and 24/5 availability. Traders can start with relatively low capital and access various currency pairs, with opportunities to profit in rising and falling markets. Leveraged trading, which allows traders to control larger positions with smaller investments, also attracts many participants.
Forex trading works by speculating on the price movement of currency pairs. For example, if you think the euro will strengthen against the dollar (EUR/USD), you buy euros (go long) and sell dollars. You make profits when the market moves in your favor; you lose when it goes against you.
The exchange rate between two currencies is represented by currency pairings. The base currency is the first one, while the quote currency is the second. For instance, the base currency in EUR/USD is EUR, whereas the quote currency is USD. If the price is 1.20, it means 1 euro can be exchanged for 1.20 US dollars.
ABET Global offers several advantages for forex traders:
- Access to over 50 currency pairs, including major, cross, and exotic currencies.
- Trade 24/5 with leverage up to 1:1000.
- Zero swap fees on Raw Spread, Micro, Standard and Prime Accounts.
- Tight spreads with no re-quotes and no hidden fees.
- Real-time market pricing and a user-friendly online trading platform.
With the help of leverage, traders may manage greater positions with less capital. For example, ABET Global offers leverage up to 1:1000, meaning you can control $1,000,000 worth of currency with just $1,000. While leverage can increase potential profits, it also amplifies potential losses, making risk management crucial.
A swap fee is the cost or gain from holding a position overnight. It’s based on the interest rate difference between the two currencies in a pair. At ABET Global, the swap fee is calculated at 00:00 GMT+2 and may take a few minutes to process. From Wednesday to Thursday, the fee is charged for three days due to the weekend rollover.
Forex trading hours at ABET Global are Monday to Friday, from 00:05 to 23:50 GMT+2. The market is open 24 hours a day during these days, allowing traders to execute trades at their convenience, except on weekends.
ABET Global provides different leverage limits for certain currency pairs:
- 1:50 leverage on EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, and USDCNH.
- 1:100 leverage on USDTRY and EURTRY.
- 1:400 leverage on all CHF currency pairs.
These limits are in place to manage risk, as certain pairs may be more volatile than others.
To start trading with ABET Global, you need to open an account, which you can fund in your local currency. Once your account is set up, you’ll have access to over 50 currency pairs and a user-friendly trading platform where you can buy and sell currencies at your convenience. The platform offers real-time pricing, tight spreads, and the flexibility to trade with various leverage options.
ABET Global offers advanced charting tools, real-time price feeds, educational resources, and automated trading strategies. These tools help traders make informed decisions and effectively manage their trades. Additionally, ABET Global provides 24/5 customer support to assist traders at every step.
Before trading forex, it’s essential to understand the risks involved, including the potential for significant losses due to leverage. You should also be aware of market volatility, currency pair liquidity, and economic factors that affect currency prices. Using proper risk management strategies, such as setting stop-losses and not over-leveraging, is crucial for long-term success.