Forex Trading Conditions
View the competitive trading conditions for the currency-pairs offered by Dualix below.
* Risk Warning: Trading in forex and CFDs could lead to a loss of your invested capital.
Best Forex Trading Tools
Forex markets change all the time. Open your Trader’s Toolbox for maximum versatility. Always be prepared for any surprises; always be ready to turn actions into opportunities.
A full-featured trading terminal is a necessity for a successful CFD trading experience. Dualix traders enjoy the versatility of the world-renowned trading platform MetaTrader 4.
At Dualix, we believe freedom comes with power, and power comes with knowledge. To support your personal growth as a trader, our market professionals have curated a wide range of educational materials for you.
Do you want to trade or invest in the financial markets but don’t have enough time? The Dualix portfolio management service might be the solution you’re looking for.
Dualix Licensed Portfolio Management is a unique VIP trading service with a limited number of participants. The LPM service allows you to recruit a professional portfolio manager from the team of market professionals and Dualix to manage your trading portfolio.
Successful trading requires extensive learning, continuous market analysis, and ongoing risk management processes. Delegate your everyday trading responsibilities to a professional trader and save hundreds of hours of your time. Along with potentially gaining financial returns, make time another return on your investment.
How can you join the Dualix
Sign up with Dualix, verify
your identity and open
a Silver Account by depositing
a minimum of $2,500.
Get started with
a 7-day trial.
During the trial period,
we’ll try to protect your
account by closing positions
once potential losses exceed
10% of your account value.
Log in to view your
trading account statement
at any time.
What is Forex trading?
A quick guide if you’re new to the thrilling world of online forex trading.
In the modern world, capital is the true source of power. A country’s global power is determined by its economic strength and represented by its national currency. Forex is an international market where currencies demonstrate their power and empower those who believe in them.
The forex market is a global financial market where traders and investors buy and sell national currencies against each other. With over $6 trillion daily turnover, forex is the largest financial market in the world.
Forex trading is to buy and sell currency pairs in the form of contract for difference (CFD) to profit from the price change over time. A currency pair is considered a singular financial instrument. The market participants aim to forecast its future value and take positions accordingly; commonly known as buy when low, sell when high, and vice versa.
A currency pair is formed between two currencies. For example, the U.S. dollar (USD) and the euro (EUR) makes the EUR/USD currency pair. The price of the pair indicates how much one euro is worth in U.S. dollars. The three-letter symbol used to define one of the currencies in the pair is derived from the ISO 4217 standard. The three letters used are typically the first letters the country abbreviation “US”, and the third letter is the first the name of the currency, i.e. “D” for dollar.
Forex trading is performed through forex brokers. Dualix is a regulated forex broker and offers forex CFDs on EUR/USD, GBP/USD, USD/JPY and many other major, minor, cross, and exotic currency pairs. Moreover, when you trade forex with Dualix, you can utilise leverage to increase the size of your positions and increase your potential to profit on the forex market.
Forex trading enables you to access the financial opportunities that arise in the foreign exchange market. As the world’s most popular currencies gain or lose value against each other, you can buy and sell them and profit on price differences.
Forex Trading FAQ
The term “forex” is a mesh of the words “foreign” and “exchange” which means the exchange of foreign currencies against each other.
The global forex markets open on Sunday evening (23:00 GMT) with the Australian market and remain active until the U.S. markets close on Friday (21:00 GMT), giving forex traders the ability to trade in the forex markets 24 hours a day, five days a week.
Currency pairs are commonly grouped as majors, minors, and exotics. Major currency pairs typically contain USD and another major currency, for example; EUR/USD, GBP/USD, USD/JPY, and USD/CAD. Minor currency pairs, also known as cross-pairs, consist of two major currencies which are not the USD. For example, EUR/GBP, GBP/CHF, and CAD/JPY are among minor currency pairs. Any other currency pairs which contain at least one non-major currency are considered as exotics. For example, USD/MXN, EUR/TRY, and GBP/SAR.
The logic of supply and demand determines the price of a currency pair. When investors buy and sell currencies against each other for any reason (e.g., international trade, investing in countries, cross-border payments), they subjectively and collectively attribute value to the currency pair. Investors’ trading decisions are often based on their expectations, more so than what actually happens.
Forex markets are not governed by a central supervision authority. However, each country’s central bank can influence the price of its national currency. They use economic measures such as interest rates to maintain a minimum value, thereby influencing market prices.
Leverage is a trading mechanism which enables you to open trading positions larger than your initial capital. When using leverage, you’re able to open larger position sizes; therefore, the amount you gain or lose per pip movement increases. It can increase your profit potential; but use it with caution, as it can also cause losses in the same way.
The pip signifies the most basic price change unit. In forex currency pairs, a pip is the fourth decimal in the price of a currency pair. For example, when the EUR/USD currency pair is trading at 1.1856, pip is the “6” at the end (the fourth decimal). If EUR/USD rises to 1.1860, the new pip would be “0”, and the pair would be said to have risen 4 pips.
Spread is the difference between the selling price and the buying price of a currency pair. In Forex trading platforms, each pair would have two prices: Bid is the selling price and Ask is the buying price. Spread is calculated in pips and represents the broker’s commission. It is charged automatically when a position is opened. As a forex broker, part of the profit which Dualix makes is based on the spreads from traders’ transactions.
At Dualix, we are committed to ensuring our clients are equipped with everything they need for success by providing them with the best forex trading tools available. Visit our education section to learn what circumstances move currency prices, use our trader’s toolkit to analyse the forex market, and execute your trades on our state-of-the-art trading platforms with the most competitive trading conditions.
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