Trade Forex with Filsx
Choose a broker that you can trust, the one who supports you with everything that you need to excel as a trader.
Thousands of traders have chosen us and here's why:
We are bringing you the platform that offers you the easiest and smoothest entry into the world’s most traded and popular financial market – Forex. Sell or buy forex online at your convenient time, from anywhere. Take advantage of the market’s ultimate 24 hour availability and trade at any time on the MetaTrader 4 – one of the best trading platforms for forex.
A 24-hour market
Forex market hours run 24-hours five days week. The market remains closed on weekends.
High liquidity
The average volume traded per day is $6.6 trillion in the 2020 Forex market. This makes it easier to get in and out of trades at any time.
Low transaction costs
Forex market is managed by brokers who offer a two-way quote after reserving a spread for themselves.
Flexible
Forex markets not only allow you to trade in hundreds of currency pairs but provide an option for every budget.
Your favorite instruments at one place
CFDs Indices
Trade both the rolling cash and futures index contracts with tight spreads.
Spot Metals
Spot metals against the major currencies and stand in good stead.
Spot Energies
The world runs on oil! Make profits based on price fluctuations on the market.
Cryptocurrencies
Trade a range of cryptocurrencies against the USD on the MT4 trading platform.
CFD Shares
Make the most from the price fluctuations, both up and down.
CFDs Indices
Trade both the rolling cash and futures index contracts with tight spreads.
Spot Metals
Spot metals against the major currencies and stand in good stead.
Spot Energies
The world runs on oil! Make profits based on price fluctuations on the market.
Cryptocurrencies
Trade a range of cryptocurrencies against the USD on the MT4 trading platform.
CFD Shares
Make the most from the price fluctuations, both up and down.
What is Forex Trading?
A decentralized global market where the world buys and sells currency.
Foreign trading is simply buying and selling currencies. At Filsx, we provide a direct gateway to the trading market through our intuitive and powerful tools and techniques.
Forex, also known as foreign exchange, is a global financial marketplace where multiple currencies are bought and sold i.e., exchanged against one another. This exchange of currencies can be for various reasons – commerce, tourism, trading, etc. Online forex trading tends to be the largest and most volatile trading in the world, making it the most traded asset in the financial world. Currencies are traded against each other as exchange rate pairs.
Forex trading markets exist as spot i.e., cash markets and derivatives markets that offer traders forwards, futures, currency swaps, as well as options. Market participants of forex markets use forex for hedging against international currency along with the interest rate risk. The forex market is open 24 hours a day, for five and a half days a week.
Specification of Forex
Get an overview of Contract size, Tick size and Swaps.
| SYMBOL | FULL NAME | CONTRACT SIZE | TICK SIZE | SWAP LONG (POINTS) | SWAP SHORT (POINTS) |
|---|---|---|---|---|---|
| AUDJPY | Australian Dollar vs Japanese Yen | 100000 | 0.001 | -3 | -4 |
| AUDUSD | Australian Dollar vs US Dollar | 100000 | 0.00001 | -5 | -3 |
| EURAUD | Euro vs Australian Dollar | 100000 | 0.00001 | -8 | 0 |
| EURCAD | Euro vs Canadian Dollar | 100000 | 0.00001 | -8 | 0 |
| EURCHF | Euro vs Swiss Franc | 100000 | 0.00001 | -4 | -4 |
| EURGBP | Euro vs Great Britain Pound | 100000 | 0.00001 | -7 | -1 |
| EURUSD | Euro vs US Dollar | 100000 | 0.00001 | -6 | -1 |
| GBPCHF | Great Britain Pound vs Swiss Franc | 100000 | 0.00001 | -1 | -11 |
| GBPJPY | Great Britain Pound vs Japanese Yen | 100000 | 0.001 | -3 | -9 |
| GBPUSD | Great Britain Pound vs US Dollar | 100000 | 0.00001 | -5 | -5 |
| NZDUSD | New Zealand Dollar vs US Dollar | 100000 | 0.00001 | -2 | -4 |
| USDCAD | US Dollar vs Canadian Dollar | 100000 | 0.00001 | -4 | -4 |
| USDCHF | US Dollar vs Swiss Franc | 100000 | 0.00001 | -1 | -6 |
| USDJPY | US Dollar vs Japanese Yen | 100000 | 0.001 | -2 | -6 |
More Than Just an FX Broker
Diversify your investment portflio by trading CFDs on than just Forex.
15 Years Industry Experience
Filsx is formed by industry experts, providing utmost reliability and complete transparency.
Ultra Tight Spreads
Monitor your trading costs and improve profitability with Filsx. Trade with highly competitive spreads, round-the-clock
Safety of Funds
Your funds are completely safe and secured in segregated accounts, with the protection of negative-balance.
24/7 Customer Service
Our customer service is available in different languages – get in touch with Filsx without any hesitation.
New to forex? Start with our free forex trading demo account to practice trading and gain experience or trading confidence before entering the real-time markets.
FAQs
Here is how you can use Filsx’s platform for trading forex on margin:
- Select ‘Forex’ as a new asset
- Enter the trading size
- If you want, you can set optional parameters
- Make the forecast and o pen a trade
- Lastly, you can trade manually or wait until it automatically closes.Please note that if your margin level gets below 50%, your trade will be closed forcibly
The international forex market stays open 24 hours every day - from 5 PM EST on Sunday to 4 PM EST on Friday. This is because of different time zones. The market is first opened in Australasia, then in Europe, and lastly in North America. So, after the market has closed in Australia, traders can access the markets in other regions. This is also the reason why the market is attractive to so many traders.
Leverage trading enables you to use a relatively small investment for opening large deals to maximize your trading power. But, it also maximizes your risk. When you have high leverage, successful as well as unsuccessful deals are amplified. For example, if you are investing $100 in EUR/RSD, a popular currency pair and have a maximum leverage of 400:1, it is possible for you to open a deal worth 400 times your investment, $40,000.
Margin is the amount a trader needs for opening a new position. It is measured in lots and estimated on the basis of trade’s size. 100,000 units are the standard lot. The bigger the lot, the greater the margin amount will be. With margin, you can trade with leverage that allows you to place trades that are larger than your trading capital. Leverage can influence the margin amount as well.
To trade online, all you need is a funded trading account and an internet connection. You should also have some knowledge of forex trading and the tools that help minimize the risks.
Yes, you must be at least 18 years old to trade.