- Forex is nowadays considered an active trading market and has been growing rapidly as investors and traders are taking an active part in it.
- The total volume of the currencies that are converted day today in turn increases the volatility of the involved currencies.
- EagleFX is a Forex broker, a secured Forex Trading platform that will be established in 2019.
Forex or most commonly known as Foreign Exchange and sometimes known as FX Trading where traders essentially exchange currency and negotiate over their price. Obviously, the main aim of Forex trading is to gain some profit. The total volume of the currencies that are converted day-to-day, in turn, increases the volatility of the involved currencies. With an increase in volatility, the risk increases but simultaneously the chances of gaining a higher profit also increases. This lures traders and investors into forex trading.
Traders Want to Invest In Both Fiat As Well As Digital Assets
Further, the age of digital assets has taken over the market because people think that investing in cryptocurrencies and digital assets is a lot wiser than investing in traditional fiat currencies. Good that there are some trading platforms that provide forex as well as cryptocurrency trading.
EagleFX is a Forex broker, a secured Forex Trading platform that will be established in 2019. It provides trading options among Forex, commodities, major cryptocurrencies as well as stocks and has access to the excellent rates on the platform.
EagleFX Gives You A Trading Access To Over 30+ Cryptocurrency
As mentioned above EagleFX gives you an option to trade both on the cryptocurrency as well as CFDs. You can choose to trade from 50+ assets which include 30+ cryptocurrencies and 20+ CFDs. When it comes to cryptocurrency you can choose among 32 different of them. Ranging from BTC and ETH which are apparently the most used digital currencies, there are BCHBTC, OMGUSD, LTCUSD, SANBIT, IOTABIT, NEOUSD. you can choose any cryptocurrency pairs and immediately start trading on them with extra tight spreads.
A High Leverage of 1:500 To Boost Your Investments As Well As Profits:
EagleFX offers you very leverage of almost 1:500. Leverage is the amount of exposure that you will get for a particularly large amount of currency without having to pay the entire amount in one go. Instead, you pay a small amount which is known as ‘margin’ and your entire profit or loss is calculated on the basis of that large amount of currency.
EagleFX providing leverage of 1:500 means that for trading an amount of $1000 users have to pay only $2 as the margin. However, while you can gain lots of profit because of the high leverage there is also a possibility that you may lose assets exceeding the margin that you have paid.
The commendable services that EagleFX has offered the traders are the reason why people have recommended such Forex Brokers across the globe.