Only large financial institutions, corporations, CB, hedge funds and well-off individuals used Forex. The Forex market is now accessible to anyone that wants to have a try in trading, buying and selling currencies and make a profit.
Many currency experts rely on the accessibility of huge leverage to increase the value of probable movements. They do this, because most FX currencies shift less than one cent per day, which means less than 1% change in the value of the currency. In Cmx Markets, leverage can be as much as 500:1. Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity, we have been able to make high leverage an industry standard.
Excessive liquidity and the availability of high leverage assist the market’s fast growth and made it the perfect place for many traders. When using our trading software CMX MT4, positions can be opened and closed within minutes in.