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Access 180+ instruments across all asset on App
Access 19,000+ stocks across core and emerging markets on 40+ exchanges worldwide.
Access 300+ futures covering equity indices, energy, metals, agriculture, rates and more.
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Forex (Foreign Exchange) is the largest global marketplace for trading foreign currencies. It's popular for its financial opportunities and the potential for high returns. However, it comes with high risk due to the constant price fluctuations.
Major currency pairs in Forex include EUR/USD (Euro/US Dollar), USD/JPY (US Dollar/Japanese Yen), GBP/USD (British Pound/US Dollar), AUD/USD (Australian Dollar/US Dollar), and USD/CHF (US Dollar/Swiss Franc), among others.
In Forex trading, a Lot is a unit of measurement representing the volume of a trade. There are three main types of Lots: Standard Lot (100,000 units), Mini Lot (10,000 units), and Micro Lot (1,000 units). Your choice of Lot size affects risk management in your trading.
The choice between technical analysis and fundamental analysis depends on your trading style and strategy. Traders often use a combination of both. Technical analysis involves studying price charts and technical indicators, while fundamental analysis focuses on economic factors and global events. Understanding both can help you make informed trading decisions.
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I have tried several forex brokers, but Wisdom Financial Service stands out for their exceptional service. Their trading platform is robust and offers a wide range of tools and indicators for analysis. I am impressed by their tight spreads and fast order execution, which is crucial for my trading strategy. The customer service is top-notch, always available and ready to assist. Wisdom Financial Service has truly exceeded my expectations, and I am grateful for their reliable service.
Trader
“I have been a client of Wisdom Financial Service's Forex Broker and I am extremely satisfied with their service. Their platform is reliable and user-friendly, making it easy for me to execute trades. The withdrawal process is smooth and hassle-free, with funds reaching my account quickly. I appreciate the market insights and analysis provided by their research team, which have been invaluable in my trading decisions. Wisdom Financial Service has earned my trust, and I highly recommend."
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money(NFA #0561105). This information is not directed or intended for distribution to or use by residents of certain countries/jurisdictions including, but not limited to, USA. The Company holds the right to alter the aforementioned list of countries at its own discretion.