Forex

Advantages of Trading Forex

Recognised as the world's largest and most liquid financial market, foreign exchange (also known as forex or FX) trading provides ongoing opportunities to traders globally. With an estimated US$7.5 trillion in daily transactions, traders can take advantage of this dynamic, 24-hour market with deep liquidity.

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24-hour Market

Means investors can participate in market fluctuations anytime and in different time zones.

Low-cost Transactions

Baybionics clients benefit from our deep liquidity and spreads from 0.0 pips on our ProZero account with commissions from $2.50 per lot per side.

Currency Pairs

We have a wide range of over 60+ currencies including majors, crosses and exotic FX pairs.

Transparent Market

With large transaction volumes and high liquidity, the FX market provides an efficient and transparent flow of trades between buyers and sellers within seconds and with no re-quotes.

International Market

The Forex market is a truly global market where economic, political and regulatory trends and policies can affect the currencies movements. Using our trading platform, you can trade all the major currencies across the world.

Available Forex Currency Pairs

Majors are the most liquid and most widely traded currency pairs in the forex market. Major currencies include: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD and NZD/USD. Currency crosses are pairs where the US dollar is not the counter-currency. Some of the most popular and highly traded cross pairs include: EUR/GBP, EUR/JPY, EUR/CHF and GBP/JPY. This group usually refers to currencies of countries known for their natural resources such as oil, gold and other minerals. Some of the major commodity currencies are the Australian dollar, Canadian dollar, New Zealand dollar.

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Forex Trading Example

Let's take a look at a Forex trading example so you can see how leverage, margin and what happens when you close out for a profit or a loss.

1 Lot = 100,000 Base Currencies | Position: Long | Leverage: 30

Open

EUR/USD

Bid 1.1267 / Ask 1.1268

Proposed leverage is 30:1

1 Lot = 100,000 Base Currency

Bid 1.1277 / Ask 1.1278

Closing Price @ $1.1277

Bid 1.1257 / Ask 1.1258

Closing Price @ $1.1257

Value per Lot

100,000x1.1268 = $112,680 USD

Value per position

$112,770

Value per position

$112,570

Margin per Lot

112,680/30 = $3,756 USD

P/L

Profit：112,770-112,680= $90

P/L

Loss：112,680-112,570= $110

Open

EUR/USD

Bid 1.1267 / Ask 1.1268

Proposed leverage is 30:1

1 Lot = 100,000 Base Currency

Value per Lot

100,000x1.1268 = $112,680 USD

Margin per Lot

112,680/30 = $3,756 USD

Bid 1.1277 / Ask 1.1278

Closing Price @ $1.1277

Value per position

$112,770

P/L

Profit：112,770-112,680= $90

Bid 1.1257 / Ask 1.1258

Closing Price @ $1.1257

Value per position

$112,570

P/L

Loss：112,680-112,570= $110

Most Traded FX Pairs

*Prices and Spreads based onProZero account.

Why Trade with Baybionics Securities

Baybionics Securities, we are all about empowering clients. We understand what it takes to trade the markets and we arm our clients with premium grade trading conditions, tradable market analysis and customisable education so you can become the trader you aspire to be.