Use the Forex Market Time Converter , below, to view the major market open and close times in your own local time zone. In the forex trading marketplace, when we refer to execution we mean the speed at which a foreign exchange trader can actually buy or sell what they see on their screen or what they are quoted as bid/ask price over the phone. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price.
I have got a very pleasant impression from the company. A wide choice of trading instruments, non-standard lot of $10,000, high speed of orders execution - that's what I appreciate in InstaForex. In addition to that, there is a good analytics on the website, InstaTV, RSS-feeds. All these services together with many others from InstaForex save time and allow organizing the work with maximal comfort and effectiveness. That is of high importance for trading. And certainly, I should mention the technical support of the company's employees. A couple of times there were some issues, I called, and very polite and competent ladies answered me helping to handle all challenges fast. It's great when you can rely on help at any time.
We leverage our banking partnerships to deliver market-driven pricing and deep liquidity. This ensures orders up to USD50 million per ticket can be filled at the best market rates. Additional order volumes would fill any next-tier rates on every order.
Trading is just like any other high level activity, in that it's a skill and an art and it takes a long time and a lot of practice to master. You can treat it as a hobby, and you'll be paid accordingly, or you can treat it as a business and a full time commitment, and you'll be paid accordingly as well. Think of it this way: everyone can play basketball once they know the rules, but not everyone can really play. Trading is just like any sport, amateurs lack the skill and so don't get paid anything at all, while the top professionals get paid in the millions because they're ridiculously good.
The average spreads shown here are calculated throughout the day. They tend to be narrower under normal market conditions. However, spreads may widen following important news announcements, during political uncertainty, unexpected events leading to volatile market conditions or at the close of the business day and on weekends when liquidity is lower. When you trade with us Trading Point is your counter-party. Your trades are matched and any next exposure above predefined thresholds is hedged with our partner banks (our liquidity providers) at the current market spread. However, during volatile and illiquid market conditions our liquidity providers quote larger than normal spreads. At such times Trading Point is forced to pass on some of the spread increases to its clients.
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