Forex Trading

Mondial Trader facilitates Forex trading on three different online platforms, covering the needs of those new to the Forex markets as well as the professional investor who demands a wide instrument selection and a variety of product types for multi-asset portfolio creation.

Why trade Forex online through Mondial Dubai:

• Over 145 Forex currency crosses – one of the leading online offerings
• Margin trading with very low margin requirements – leverage up to 200/1
• Multiple award winning platform
• Efficient, state-of-the-art customer service. Beginner or professional, 24/5 in over 20 languages
• Trade on streaming executable rates and know what price a trade will be dealt on up front. Aggregate liquidity from top Tier-1 providers
• Trade Spot Forex, Spot Gold and Silver, versatile trade order types, OTC Options and Forward Outrights.

Very competitive Bid/Ask spreads.

More than just an online FX trading platform

The trading platforms enable trading of Forex together with other asset classes from a single integrated platform. Offering a wealth of market information and all the tools needed to successfully trade.

A dedicated Strategy Team analyses the markets and provides regular insights to help clients understand and profit from current trends and upcoming news. This strategy and analysis is backed up by reliable and timely news feeds from Dow Jones Newswire, Market News International and more.

About the Forex market

The currency market is huge with an estimated USD 3.5 trillion traded every day. This is far larger than both the Stock and Futures markets combined. With this level of turnover, there is always movement in the Forex markets and the chance to make profits, even when other markets are stagnant.

What to know when trading Forex online

Trade Currency and Price Currency

When an investor trades in the Forex market, they always trade a combination of two currencies (a cross or currency pair) in which one currency is bought (long) and the other is sold (short). This means the investor is speculating on the prospect of one of the currencies appreciating in value in relation to the other.

Forex Margin Trading

Margin trading allows investors to buy and sell assets that have a greater value than the capital in their account. Forex trading is typically executed on margin accounts, and the industry practice is to trade on relatively small margin amounts since currency exchange rate fluctuations tend to be less than one or two percent on any given day.

Margin trading does involve a certain amount of risk. Since a position is being held that exceeds the actual value of the account, a trader could incur substantial losses if the market moves against his position. Thus, margin trading requires close monitoring of margin utilisation, i.e. the amount of collateral being used to hold margined positions.