What is UpFX?
We're a first class brokerage which works with institutional and retal traders worldwide. We don't run a dealing desk (we don't even have one), all trades are passed to one of fourteen banks part of our liquidity using STP (Straight Through Processing) and ECN (Electronic Communications Network). No slippage and better than 99.9% execution rates with transaction speeds that will knock your socks off.
How does the foreign exchange market work?
The foreign exchange market is a global market place for the buying, selling, exchanging and trading of currencies. Also called Forex, this market is the largest financial market in the world according to Investopedia. Each day the equivalent of 3 trillion American dollars is traded. International corporations and financial institutional use the foreign exchange markets every day to conduct business worldwide. The foreign exchange market also offers opportunities for individuals to invest. This is mostly due to the Internet. Unlike the stock exchanges, all foreign exchanges are virtual.
UpFX market working hours
Our automated system take your trades during market hours, which are from 5:00PM EST Sunday to 5:00PM EST Friday.
How do I get started trading forex with UpFX?
- 1You can be trading straight away! Open an account.
- 2Research the currency pair(s)
- 3Choose the trade amount.
- 4Use proper money mangement.
- 5Open your position or place an entry order.
- 6Use both fundamental and technical analysis.