Forex is traded in currency pairs. Common currency pairs are the Euro/US Dollar, US Dollar/Japanese Yen, Great British Pound/US Dollar, and Canadian Dollar/US Dollar. You buy one currency and automatically sell another. The goal is to make a profit by buying and selling currencies as their value increases and decreases. There are many economic factors that contribute to currency movements which traders and dedicated analysts alike attempt to decipher.

The Forex market is open 24 hours a day, 5 days a week and currencies are traded worldwide among major financial centres. It opens on Sunday at 10:00 pm GMT, and closes on Friday at 10:00 pm GMT:

Sydney is open from 10:00 pm to 7:00 am GMT

Tokyo is open from 12:00 am to 9:00 am GMT

London is open from 8:00 am to 5:00 pm GMT

New York is open from 1:00 pm to 10:00 pm GMT

It depends on the leverage used and the amount of capital invested. You could invest a starting capital of $50, or $50 000, the sky is the limit. However, it is important to remember that increasing leverage, increases risk; ultimately it depends on a trader’s tolerance to and management of risk. Skilled traders are able to minimise risk and maximise profit thorough analysis, a trading strategy that suits their style and wise money management.

To register, we will require your full name, DOB, current residential address, occupation, email & contact details.

After you’ve registered, and we’ve verified your identity, you can begin transferring online.

If this is your first transfer, one of our team members will call you to confirm your transfer. Our global team is on hand if you ever need help making a transfer, otherwise you can complete your own transfers online.

We’ll also email you and/or SMS to keep you updated on the status of your transfer, or you can track your transfer via our mobile app.

Typically, we verify your identity electronically and pretty quickly. However, sometimes we’ll need to get some documents from you.

If you’ve sent us documents, we’ll try to respond back to you within a few business days after we receive them.

If it’s taking longer than this, and you need to make a transfer, please get in touch.

A driver’s licence can be used as either photo identification or as a proof of address however not as both.

Generally, we require two different forms of identification. We accept a number of identification documents such as a Passport or Utility Bill, our friendly customer service team will be let you know exactly what we need when you register.