Forex Trading Platform in Lebanon – FX Currency Trading | CFI
Forex Trading

A colossal market in terms of daily turnover (around 5 Trillion per day), the Forex market is the epitome of trading opportunities. With CFI, you can trade dozens of currency pairs, 24 hours per day, 5 days per week. The Forex market, also known as the FX market, has witnessed astronomical growth over the past 20 years, boosted by its low barriers for entry, availability of leverage and a vast range of currencies that cover many of the world’s countries.

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What is Forex?

A colossal market in terms of daily turnover (around 5 Trillion per day), the Forex market is the epitome of trading opportunities. With CFI, you can trade dozens of currency pairs, 24 hours per day, 5 days per week. The Forex market, also known as the FX market, has witnessed astronomical growth over the past 20 years, boosted by its low barriers for entry, availability of leverage and a vast range of currencies that cover many of the world’s countries.
Now imagine doing the above online, on an easy-to-use platform, employing leverage, and being able to do so any time of the day without any interruptions or the need for a middle man between you and your provider. It’s easy to envision the vast array of opportunities that could arise.
Spreads
The Spread is the difference between the ‘bid price’ and the ‘offer price’. The bid price is where the investor can sell a position and the offer price is where the investor can buy a position. Given that markets are all about supply and demand, the more liquid and active a product is, the smaller the spread between the buying and selling price thus, making it a more competitive option for traders.
At CFI, we are connected to several liquidity providers and exchanges, and offering competitive trading conditions is something we take very seriously. We are constantly working to provide even lower spreads and with recent advances in technology and deep enough liquidity, our efforts continue to translate into reality.
Below are our Target Spreads
Instrument Zero Commission Account Dynamic Trader Account
EUR/USD 1.5 as low as 0.0
GBP/USD 1.6 as low as 0.0
USD/CHF 1.6 0.2
USD/JPY 1.7 as low as 0.0
AUD/USD 1.6 0.2
NZD/USD 1.6 0.2
USD/CAD 2.2 0.2

Target Spread for the major Forex pairs.
Trading Hours from 00:05 to 23:55 GMT+3 Time

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Competitive Swaps

Swaps, also known as rollovers, are interest rate amounts charged or earned for holding a buy or sell position overnight. The calculation takes into consideration the interest rate differential between two currencies (each currency has its own interest rate). Swaps are also applicable on Indices and vary for several reasons, including overnight interest rates.

A quick example, selling Euro against the Canadian Dollar would earn you interest every night for holding the position. This is explained by the fact that the interest on the Euro is less than the interest on the Canadian Dollar. By selling Euro, you’d have to pay a certain amount while simultaneously buying the Canadian Dollar would earn you more than you are paying for selling the Euro; the end result is interest earned on a daily basis. Swap free accounts are also available.
Symbol Swap Long Swap Short
EUR/USD -4.09 0.87
GBP/USD -1.76 -1.34
USD/CHF 1.07 -3.65
USD/JPY -0.37 -1.93
AUD/USD -1.37 -0.55
NZD/USD -1.69 -0.70
USD/CAD -2.16 -1.46
GBPJPY -0.88 -2.63
EURGBP -2.83 0.49
CHFJPY -4.14 0.85
AUDJPY -0.92 -1.24
EURAUD -4.81 0.33
GBPCAD -3.46 -1.96
USDTRY -481.80 274.86