The foreign exchange market, which is usually known as “forex” or “FX,” is the largest financial market in the world. Forex market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate.
Compared to the “measly” $22.4 billion per day volume of the New York Stock Exchange (NYSE), the foreign exchange market looks absolutely ginormous with its $5 TRILLION a day trade volume.
The true size of the Forex market attracts a variety of participants, including central banks, investment managers, hedge funds, companies, brokers and retailers - 90% of those market participants are currency speculators!
When you trade Forex with 101FX, you trade in the most liquid market in the world. We offer majors, minors and exotics across a variety of markets so you can trade the FX market you know with low commissions and competitive spreads. We also place a heavy focus on a low latency, high-quality execution, with flexible leverage up to 999:1 and reliable trading infrastructure.
Forex - raw spreads from 0.0 pips
Forex traders can enjoy
Deep liquidity with pricing from multiple sources and some of the lowest spreads on the market
Raw spreads from 0.0 pips
30+ currency pairs
Buy and sell CFDs of more than 60 top-listed companies in the US. With a market cap now over $30 dollars, the US share market offers numerous live trading opportunities with some of the biggest companies in the world. Share CFD trading allows you to gain access to a range of different industries, companies, and markets, and take advantage of potential profits over a range of events and price movements. Access leverage of up to 20:1.
Trade on the movement of 14 major stock markets around the world without the dealing desk, commission-free. Our index CFDs have no hidden markups, no dealing desk, low latency and no re-quotes. Diversify your trading strategies and take advantage of different opportunities across global equity markets with indices, and leverage of up to 200:1.
We offer CFDs on 5 major cryptocurrencies - Bitcoin, Bitcoin Cash, Ethereum, Dash and Litecoin - trading against the US dollar with leverage up to 5:1 across all of our trading platforms. Cryptocurrencies have large market movements that 101FX and CFD traders can take advantage of without the need to purchase actual cryptocurrencies or have an existing cryptocurrencies wallet or exchange account.
Trade commodities such as coffee, cocoa, cotton, orange juice, and sugar. You can also trade products such as gold, silver, platinum and palladium at low prices with no commission. Precious metals are a useful asset to diversify your trading strategy and are often flocked to as safe haven assets during times of market turmoil, usually in line with market cycles and inflation. All of our energy trading instruments have minimum trade sizes from 10c per pip, flexible leverage of up to 500:1 and no commission. We offer both major oil markets - West Texas Intermediate crude oil and Brent crude oil - and natural gas in our range of energy products.
Trade direct changes in the value of a currency against a basket of other currencies. We offer the USDX. It's the globally recognised benchmark for the value of the US dollar. It measures six major currencies against the USD and can be traded with leverage of up to 100:1.
Complete registration, Log in to your Client Area and upload the required documents.
Select a payment method, fund your trading account and start trading.
Access 100+ Instruments
and trade on MT4.
101FX is owned by and operated by 101 Venture Capital Limited. The Clients must be at least 18 years old to use the services that provide. High Risk Warning : Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk. The site contains links to websites controlled or offered by third parties. 101FX has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third-party website, 101FX does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately. You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of 101FX or any of its affiliates, directors, officers or employees. The services of 101FX and the information on this site are not directed at citizens/residents of the United States, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. The citizens/residents from Thailand, Laos, North and south Korea, Japan need a special qualification to use the service that 101FX Provided
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