USGFX Anticipates A Rise In Forex Trading As Chinese Stock Market Volatility Continues
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, representing a loss of more than $3.25 trillion to the Chinese stock market.
USG, an Australian foreign exchange brokerage based in Sydney, said that the stock market decline in China has created much anxiety and uncertainty around the world in recent months and many investors are looking to invest more in other markets.
USGFX Chief Executive Officer, Shay Zakhaim, in a statement today said “unlike the stock market, where investors can only profit when the price of their stock increases, with the forex market, investors can profit whether currencies appreciate or depreciate. One of the fundamental differences between the stock market and the forex market is that with the forex market, traders can either long or short their positions and stand to profit from both appreciating and deprecating currencies”
There are also other key differences between the two markets that make the foreign exchange market look attractive to investors and traders.
No central exchange – The foreign exchange market has no central exchange and is commonly referred to as Over the Counter exchange. Traders can enter and exit trades from anywhere in the world on their computer or mobile device. All that is required is an internet connection and a trading platform.
Leverage – The foreign exchange markets offer leverage at a significantly higher level than the stock markets. Some foreign exchange brokers can offer leverage of up to 1:500. However, this can be a double-edged sword because whilst traders stand to make significant profits if the trade goes their way, significant losses can also occur if the trade does not go in the direction intended.
To learn more about how to trade the foreign exchange market successfully, USGFX offer a coaching program to provide a structured understanding of forex trading.
USGFX is a regulated Australian Forex broker and holds an Australian Financial Services License. With the company head-quartered in Sydney, clients of USG are able to access the markets to trade major and exotic FX Currency Pairs, CFDs, indices and commodities.
USGFX Hosts Australian Forex & Investing Seminar Series
The USG Forex & Investing Seminar was held this week on Tuesday the 16th of June in Sydney. It was a very successful event attended and enjoyed by people from all walks of life. These ranged from seasoned traders, aspiring traders, people who are new to the financial markets and just want to see what forex trading is all about.
The seminar is put on by USG as a free event and covers many interesting topics to help traders better understand the world of forex trading. Some of the areas that are covered include, how the forex market actually works, risk management and the psychology of trading.
Shay Zakhaim, the C.E.O. of USGFX said, “due to the success of this and past seminars, and the value the seminars deliver to traders, USG will be hosting more seminars in 2015.” He went on to say, “Quality information and education is the key to understanding forex trading and our free seminars is a great place for many traders to start”
The seminars take the form of a forum, where participants are encouraged to interact with the speaker and with each other by asking questions, sharing their trading experiences and strategies. The speaker is an experienced trader and demonstrates effective trading strategies to the participants during the course of the seminar and offers in-depth insights in forex trading.
USG also offer their clients a structured educational course, which is delivered in the form of two live and interactive online webinars per week.
USGFX is a regulated Australian broker and holds an Australian Financial Services License. With the company head-quartered in Sydney, clients of USG are able to access the markets to trade major and exotic FX Currency Pairs, CFDs, indices and commodities.
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