Following last australian forex currency trading broker’s acquisition of City Index, GAIN Capital has consolidated its retail brand, FOREX. If you are a former client of Gain Capital Forex.
Client Management on 1800 354 182 to request that the funds be returned to you. Please note that foreign exchange and CFD trading involves significant risk of loss. Strength and Security Trade with a market leader who has strong financial resources and over 15 years’ experience serving 200,000 clients globally. Exclusive research Benefit from the experience and insights of our global research team with real-time market analysis and actionable trade ideas. All customer funds, including your unrealised profits, are fully segregated from our own assets and held with top-tier global banks. We never use client funds for hedging.
DAX: How will EU stocks react to ECB? Our services include products that are traded on margin and carry a risk that you can lose more than your initial deposit. The products may not be suitable for everyone – please ensure you fully understand the risks involved. FX Australia is a guide to Forex trading written by experienced Forex traders for new Forex traders.
We compare brokers in lists and reviews using a transparent methodology, share insights from our own trading experience and have an education section. Forex trading is that it does come with significant financial risk, and traders should never risk more than you can afford to lose. Forex trading is buying or selling currencies to make a profit from the fluctuations in the currency market. In CFD trading, the trader never takes ownership of the asset itself. Instead, the trader is only speculating on the price of a currency. Just because you are trading the US Dollar against the Aussie Dollar, does not mean that you own either one of them at any point in time.
Forex trading involves risk, and inexperienced traders can quickly lose all their money because the Forex market is volatile and impossible to predict. If you make money, you are required to include it on your tax declaration just as you do with gains from other investments. Forex brokers are not all equal. Forex brokers are in business too, and each will be trying to make money from your trades. STP brokers will take a commission for handling your trades, while others will make money by stretching the difference between the buying and selling price of the pair. Read our what is Forex trading article. Get familiar with the different trading platforms.