How to receive your £20 Bonus
  • 1. Download the Plus500 trading software by CLICKING HERE - download
  • 2. Click on ‘Real Money’
  • 3. Enter your new account details and click 'Submit'
  • 4. In the drop down menu at the top of the page, click on ‘Account’ -> ‘Validate Phone'
  • 5. Enter your personal details and click 'ok'
  • 6. Enter your mobile number WITHOUT the country code and click on 'Send me a SMS'
  • 7. Enter this code in the '3 digit code' field
  • 8. £20 will be added to your account and you can start trading
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Forex, or Forigno exchanges, also known as the International Foreign Exchange market, is a word foreign exchange trading. It must be said that Forex is actually not the stock market in the true sense of the word. Forex is simply a global network, which is connected to the most modern means of communication. It is a system of interconnecting banks, insurance companies, investment funds and brokerage company that brings together individual investors. Their common feature is the use of mechanisms that allow to evaluate investments based on the movements of the subject of forex trading - currency. A forex trader therefore is a businessman who decides to capitalize on the movements of specific currencies, respectively. mutual exchange between currencies.

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Forex is the shortened form of the English Foreign Exchange (You can also meet with the acronym FX) which indicates that the international foreign exchange market, or foreign exchange market. Basically Forex traders buy and sell amounts in one currency for another currency. The price of such transactions is determined by the current exchange rate. Like all other markets, Forex traders aim is to generate profit. This can be achieved, especially the correct estimate of the exchange-rate developments.

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Forex is the largest financial market in the world. Experts estimate that there will be held daily transactions worth between 2-5 trillion. More than other markets is immune to interference Forex speculators. It owes primarily to its size, which also hits the big banks fail to cast the system. Most frequently currencies in Forex are the US dollar (USD), euro (EUR), British Pound (GBP), Japanese yen (JPY), Canadian dollar (CAD), Swiss Franc (CHF) New Zealand Dollar (NZD) and Australian dollar (AUD ). Forex never closes. Thanks to the integration of markets in many time zones you can be sure that somewhere on the planet is definitely trades. Currency rates are constantly changing.

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Currency rates are influenced by supply and demand for each currency. As in the case of any other goods, it becomes much desired currency more expensive, while the price that we all choose to sell, decreases. To buy or sell currencies, traders decisions based on political, economic, financial and other information from around the world. All illustrates a brief example. a strong interest in international economic affairs, his favorite country is primarily Japan. In his free time studying Japanese information servers, site visits and major companies which publish their business results. On the basis of their knowledge, considers that the Japanese economy is recognized growth. Via Internet application because your broker buys Japanese yen $ 1,000. Shopping USD / JPY is 119.61, ie Mr. Smith holds 119,610 yen. After a month of his assumption is confirmed. Japan will publish data on GDP growth in the order of several percent and traders expecting further growth in Japanese economy will begin en masse to demand the Japanese yen. Its price (exchange rate) increases, for one dollar can now buy fewer yen, and Mr. Smith's investments and increases its value. After a year, but he believes that the Japanese economy has the best behind. Its better to sell yen for the USD / JPY 89.67 and encashes $ 1,334. Thanks to its proper estimation and earned 334 USD (fees for brokerage transactions to simplify considered).

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