What is Forex trading?
FX stands for “Foreign Exchange,” which translates directly to “foreign exchange margin trading.” FX’s popularity is based on the “margin” mechanism, which allows large transactions using small amounts of money (margin), making it possible to earn large profits.
The most traded market in the world
Unlike trading in stocks, FX transactions are conducted 24 hours a day, 7 days a week, in huge volumes because they are between two different currencies, such as the Japanese yen and the US dollar, the Japanese yen and the Euro, or the US dollar and the Euro. Therefore, when you want to trade, you can do so immediately and there is no waiting time at all.
We use variable spreads
The spread is the difference between the exchange rates for buying and selling transactions. In other words, it is the commission charged by the trading firm. Therefore, the lower the spread, the better, but it is often the case that some FX firms use fixed spreads that are slightly more expensive. Some firms also offer low prices despite fixed spreads, but they may place restrictions on trading before and after major announcements.
EN GATE FX uses variable spreads at the lowest level, allowing you to trade with the smallest spread available depending on the volume in circulation.
Translated with DeepL
Prices quoted down to the minimum number of items
EN GATE FX works closely with a number of providers to offer a trading environment with consistently minimal spreads. In order to achieve the smallest possible pips rates, we quote prices to the nearest few points, resulting in tighter and more accurate spread pricing.
99.67% of all trades executed in less than 1 second
Because of the high-spec deal system that enables ultra-fast order completion, 99.67% of all trades are completed within 1 second of execution. In addition, orders of up to 100 lots (10 million currency) can be placed with a single click, creating a high-speed execution environment.
100% execution rate with no execution rejection and no requotes
Since its inception, EN GATE FX has consistently eliminated “rejected trades” and “requotes” to achieve a 100% execution rate. EN GATE FX is committed to supporting our clients at the moment they want to trade.