Forex Trading

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Advantages of Trading Forex with ABET GLOBAL

Access to over 50 currency pairs, including majors, crosses, and exotics.

Available five days a week, 24 hours a day.

Leverage up to 1000:1.

Zero swap fees on Raw Spread, Micro, Standard and Prime Accounts.

Tight spreads with no re-quotes.

No hidden charges.

Over 500 Global Investment Instruments Available.

Select the market that aligns with your investment strategies and begin trading with your preferred instruments. ABET Global offers a wide range of options, including Forex, Stocks, Metals & Commodities, FX Indices, and Indices transactions.

Open an Account
Forex Trading Hours (GMT+2, DST may apply)  Monday – Friday: 00:05 – 23:50
** If you leave an open position for the next trading day, you pay or you obtain the certain amount, calculated on the basis of interest rates difference of two currencies in currency pair. This operation is called “swap.” In the trading terminal, “swap” is automatically converted into the deposit currency. The operation is conducted at 00:00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days. *** Min. level for placing pending orders at a current market price. ****For all account types, the leverage for EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, and USDCNH is capped at 50:1, and for USDTRY, EURTRY it is capped at 100:1.
For all account types, the leverage is capped at 400:1 for all CHF currency pairs.

Swap Information:

If you hold a position overnight, a swap fee or gain is calculated based on the interest rate differential between the two currencies in the pair. This swap is automatically converted into your deposit currency at 00:00 GMT+2 and may take several minutes to process. From Wednesday to Thursday, the swap fee is charged for three days.

Leverage Limits:

For all account types:
  •         50:1 leverage on EURDKK, EURHKD, GBPDKK, USDDKK, USDHKD, and USDCNH.
  •         100:1 leverage on USDTRY and EURTRY.
  •         400:1 leverage on all CHF currency pairs.

Understanding Forex Trading

Forex trading, also known as currency or FX trading, involves the exchange of currencies in a global, decentralized marketplace. This system, in place since after World War II, replaced the Bretton Woods Agreement, which had pegged currencies to gold reserves.

Forex Trading Marketplace

The forex market is the largest and most liquid in the world, facilitated by advances in online transactions, global travel, communication, and transportation. These factors have fostered a rapidly growing and dynamic marketplace where currencies are essential for facilitating global commerce.

Online Forex Trading

Retail forex traders, who are individuals participating for speculative purposes or risk hedging, represent a significant and growing segment of the market. These traders engage through brokers like ABET GLOBAL or banks, using trading accounts typically funded in their local currency to buy and sell currencies online or by phone.

Trading Forex via a Broker

Using a broker such as ABET GLOBAL provides clients with real-time market pricing and buy/sell quotes through an online trading platform. Clients can choose their transaction prices and execute trades at their convenience.