Currency Trading

Access the world’s largest and most liquid financial market with our world-leading platforms. Trade major pairs like EUR/USD, GBP/USD and USD/JPY. Gain insights from our market experts and benefit from exceptional customer support.

Why Trade Currency CFDs

Live Currency Prices

Ready to start trading?

Open a live account
Open a demo account

Trading Currency CFDs with Hantec Markets

Available Pairs

130

Initial deposit

$10

Spreads From

0.1

Maximum Leverage

500:1

Currency Trading Conditions

Currency Trading Conditions

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Opening a Currency Trading Account

Information I Need to Open Account

  • Your name, email, address, and phone number.
  • Your account currency type.
  • Your data of birth and country of citizenship.
  • Your employment status, social security number, or tax ID.
  • Your annual income, net worth, trading experience, and trading objectives.

How Does It Work?

  • Select the type of account you want to open: live, cent, or demo.
  • Complete an application form.
  • Upon completing the application, you will be registered with a username and password that will give you access to your account.
  • Log in to the client portal.
  • Deposit funds into your account (check, credit or debit card, or electronic transfer from your bank account).
    Note: Using a credit card for this purpose can be subject to interest charges.
  • Once your account is funded, you are now ready to start currency trading.

Frequently Asked Questions HMM

Currency trading has soared in popularity this century amongst professional and non-professional traders alike. Before the arrival of the Contract for Difference (CFD) market in the late 1990s, currency trading was an asset class that was difficult for individuals to trade or invest.
Read more here

 

If you had a negative view for the Euro, perhaps because you felt that the Eurozone economy was performing poorly and was going to continue as such, you might look to short the Euro.

You might also have a view that the UK economy was looking healthy and that the short-term data was going to reflect this and beat expectations.

In this case, you would look to express your view by selling the Euro and buying the GB Pound, which would be a short position on the EURGBP currency pair.

Let’s say you sold EURGBP at 0.8500, with a target for a move down to 0.8000. You might then place a stop loss at 0.8700 in case the currency pair moved in the opposite direction.

  • If the market moved down to 0.8000, you would realise a profit.
  • If EURGBP moved up to 0.8700, you would be stopped out for a loss.
A forex account is a type of account that a forex trader opens with a retail forex broker. Forex accounts come in many forms, but the first that is opened is often the forex demo account.
1. Breakout This long-term strategy uses breaks as trading signals. Markets sometimes swing between support and resistance bands. Read more about breakout trading. 2. Moving average cross Another Forex strategy uses the simple moving average (SMA). Moving averages are a lagging indicator that uses more historical price data than most strategies and moves more slowly than the current market price. Other strategies include: Bollinger band strategy Momentum indicator forex strategy Fibonacci strategy MACD forex strategy RSI indicator forex strategy

Risks every beginner should be aware of.

There are different types of risks that you should be aware of as a Forex trader. Keep the following risks in your Forex trading notes for beginners:
  1. Leverage Risk: Leverage in trading can have both a positive or negative impact on your trading. The higher your leverage, the larger your benefits or losses.
  2. Interest Rate Risk: The moment that a country’s interest rate rises, the currency could strengthen. The boost in strength can be attributed to an influx of investments in that country’s money markets since with a stronger currency, higher returns could be likely. But if the interest rate falls, the currency may weaken, which may result in more investors withdrawing their investments.
  3. Transaction Risk: This risk is an exchange rate risk that can be associated with the time differences between the different countries. It can take place sometime between the beginning and end of a contract. There is a chance that during the 24-hours, exchange rates will change even before settling a trade. The transaction risk increases the greater the time difference between entering and settling a contract.

Bid

The rate at which you can sell the base currency, in our case it’s the Euro, and buy the quote currency, i.e. the Japanese Yen.

Ask (or Offer)

The rate at which you can buy the base currency, in our case, the British Pound, and sell the quoted currency, i.e. the Japanese Yen.

Spreads

The difference between the Bid and the Ask prices.

Currency rate

The value of one currency expressed in terms of another. Its fluctuation depends on numerous factors including the supply and demand on the market and/or open market operations by a government or by a central bank.

Lot

Usually, the contract size is based on a lot system, and for most currency pairs 1 lot is 100,000 units of a base currency.

Pip

Minimum rate fluctuation

Account types

Hantec Markets offers a variety of live and demo trading accounts, including Joint and Corporate accounts.

Frequently Asked Questions HML

Currency trading has soared in popularity this century amongst professional and non-professional traders alike. Before the arrival of the Contract for Difference (CFD) market in the late 1990s, currency trading was an asset class that was difficult for individuals to trade or invest.
Read more here

 

If you had a negative view for the Euro, perhaps because you felt that the Eurozone economy was performing poorly and was going to continue as such, you might look to short the Euro.

You might also have a view that the UK economy was looking healthy and that the short-term data was going to reflect this and beat expectations.

In this case, you would look to express your view by selling the Euro and buying the GB Pound, which would be a short position on the EURGBP currency pair.

Let’s say you sold EURGBP at 0.8500, with a target for a move down to 0.8000. You might then place a stop loss at 0.8700 in case the currency pair moved in the opposite direction.

  • If the market moved down to 0.8000, you would realise a profit.
  • If EURGBP moved up to 0.8700, you would be stopped out for a loss.
1. Breakout This long-term strategy uses breaks as trading signals. Markets sometimes swing between support and resistance bands. Read more about breakout trading. 2. Moving average cross Another Forex strategy uses the simple moving average (SMA). Moving averages are a lagging indicator that uses more historical price data than most strategies and moves more slowly than the current market price. Other strategies include: Bollinger band strategy Momentum indicator forex strategy Fibonacci strategy MACD forex strategy RSI indicator forex strategy

Bid

The rate at which you can sell the base currency, in our case it’s the Euro, and buy the quote currency, i.e. the Japanese Yen.

Ask (or Offer)

The rate at which you can buy the base currency, in our case, the British Pound, and sell the quoted currency, i.e. the Japanese Yen.

Spreads

The difference between the Bid and the Ask prices.

Currency rate

The value of one currency expressed in terms of another. Its fluctuation depends on numerous factors including the supply and demand on the market and/or open market operations by a government or by a central bank.

Lot

Usually, the contract size is based on a lot system, and for most currency pairs 1 lot is 100,000 units of a base currency.

Pip

Minimum rate fluctuation

Account types

Hantec Markets offers a variety of live and demo trading accounts, including Joint and Corporate accounts.

Currency Trading on MT4

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Reports & Analysis