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Explore the world’s foreign exchange markets and trade some of the strongest and most recognisable currencies from countries like the US, UK, Australia and Canada. Buy, sell and trade the Dollar, the Pound, the Yen, the Euro and others.
Access the Forex market with LEGACYFXTRADE and our award-winning platform.Trade the World’s most liquid market and look for opportunities in every currency pair. Benefit from a fully customizable layout, over 50 technical indicators, and ability to trade directly from charts. Trade both long and short, and enjoy lightning-fast order execution.
Currencies available for trading
Why You should consider trading Foreign Exchange
The foreign exchange market is the most highly traded and liquid market in existence and features the trading of the national currencies of the world’s superpowers. These countries have an important impact on the global economic climate, and their currency values correlate with the environment and political factors, making forex a prime market for traders.
- Wide selection of World’s currenciesLEGACYFXTRADE offers the World’s most highly traded forex currencies, including USD, GBP, JPY, EUR, as well as less popular ones, such as TRY, RUB, HKD, and many more.
- Advanced technical analysisBy paying close attention to chart patterns and technical indicators, traders can easily analyse forex market trends and improve their trading results.
- Easy for both professionals and beginnersThe forex market is very popular for professional traders who know its opportunities, but it is an equally good place to start a trading journey.
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Start trading in minutes!
Why trade Forex with LEGACYFXTRADE
- Exciting opportunitiesDiscover unlimited opportunities in the global forex market. It takes only 40 seconds to sign up and access all available currency pairs on LEGACYFXTRADE platform.
- Best-in-class trading platformBecome a better trader with built-in charting software that helps to perform technical analysis quickly and efficiently. Take advantage of the professional tools offered on LEGACYFXTRADE platform.
- Low trading feesSave as much of the profits from your trading as possible with LEGACYFXTRADE, which offers some of the lowest commission rates in the industry.
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How does Foreign Exchange margin trading work?
Margin trading is a process where a trader can borrow funds from LEGACYFXTRADE in order to open a larger position than the actual amount of funds deposited. Such trade will only require a fraction of the total position value, known as margin.
If your forex margin trade is successful, you will be able to make more profit than you would without using leverage. However, if the trade is unsuccessful the losses can be magnified too.
You should always consider downside potential and take steps to manage your risk.
The benefits of Foreign Exchange trading with leverage
- Magnified profitsLeveraged margin trade allows you to receive higher profits if the position goes the right way. However, the risk is that if the trade is unsuccessful the losses can be magnified too.
- Portfolio diversificationThanks to leverage, traders are not forced to lock too much capital in one trade. This allows them to have more capital free to use in other trades.
- Gaining from the market fallWith leverage traders can profit from a falling market by opening a short position, meaning they have the intent to sell high and buy back low.
Foreign Exchange leverage trading example
For example, if a trader opens a position in USD/JPY, and it falls 10%, using 5x leverage the same drop becomes a 50% profit. A similar spot trade without leverage would result in only 10% profit.
Disclaimer: Margin trading also comes with inherent risks if the position moves against the trade. You should never utilize 100% leverage and never invest more than you can afford to lose.
Normal trade
Leveraged trade with LEGACYFXTRADE
Start trading in only 3 steps
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1RegisterCreate a new account on LEGACYFXTRADE in less than a minute. Only a registered E-mail is needed to begin.
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2Fund Your accountDeposit funds into your personal wallet. Once your account is funded, you’re ready to trade!
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3Begin tradingGet full access to our award-winning trading software. Benefit from low fees and advanced trading features
Questions about Foreign Exchange
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It’s free to open an account, and there is no obligation to fund or trade.
