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Forex Trading

Transparent Pricing on Forex Trading Instruments

The most popular FX pairs involve major global currencies, gain access to the highest trading volumes and liquidity. Our dependable trading technology and clear fee structures provide highly competitive prices. Below is our pricing or scroll down further to learn more about forex trading.

  • BX Zero
  • BX Standard
  • BX Cent

Important:
1. Positions that are held open for the next trading day (past 00:00 server time) will incur swap charges. The swap charges are calculated on the basis of interest rates difference of two currencies in the instrument. In the MT5 terminal, “swap” is automatically converted into the deposit currency of the account. Swaps values may be adjusted daily based on market conditions. For the latest swap values, please check the specifications in the MT5 terminal.

2. Clients are advised that during the time period from 23:55 to 00:05 server time, spreads may increase and liquidity might decrease due to daily bank rollover. In case of inadequate liquidity and wider than normal spreads, slippage may occur. In addition orders may not be executable during these times.

Why Trade with Baxia

ZERO Deposit Fees

Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.

Zero
Zero

Global Market Access

Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.

Global
Global

6 Ways to Trade

Trade when you want and anywhere at your convenience with Windows OS, MacOS, iOS, Android, WebTrader and even Linux.

Trade
Trade

Sub 30ms Latency Trading

Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.

Latency
Latency

Supports Proprietary Trading

Get access up to $2 million in funded trading for qualified profitable traders on MT5.

Proprietary
Proprietary

24/5 Unparalleled Service

Knowledgable and prompt service available on Live Chat, Email, Phone, Whatsapp and Telegram.

Service
Service

Select Your Platform

Choose from multiple trading options based on your preference of order types, indicators, charting tools, style of trading and operating environment.

What is Forex Trading?

Forex trading, short of foreign exchange, is the selling and buying of currencies. Each currency in a pair is represented by a three-letter code. They’re normally formed by two letters that signify the region and the last letter that signifies the name of the currency. For example, AUD stands for the Australian dollar

It’s Common To See Currency Pairs Split Into The Following Categories:

Major pairs – those that are the most frequently traded around the world.
Minor pairs – those less frequently traded, it does not include the US dollar. 
Cross pairs – those less frequently traded, again do not include the US dollar. 
Exotics – those that are a major currency against one from an emerging economy.

How Does Forex Trading Work?

Transactions are completed across the four forex trading hubs around the world. They’re Sydney, Tokyo, London, and New York. 

The trading takes place in an over-the-counter (OTC) market and run by networks of banks and brokers, which means that there is no centralized exchange. As there is no centralized location or exchange like for example the New York Stock Exchange (NYSE), it’s possible for you to trade 24 hours a day, 5 days a week. 

It’s common for there to be no actual or physical delivery of the currency in retail trading as you trade derivatives of the exchange rate. This makes it easy for almost anyone to participate in forex trading and profit on correctly predicted price movements. 

How To Read Forex Pairs​

The first currency listed in a forex pair is called the base currency, and the second currency is called the quote currency. The price of a forex pair is how much one unit of the base currency is worth in the quote currency. So if EUR/USD is trading at 1.10041, then one euro is worth 1.10041 dollars.

Ultimately this means if the euro rises against the dollar, then a single euro will be worth more dollars and the pair’s price will increase. If it drops, the pair’s price will decrease. 

How to Trade Forex?

If you think that the base currency in the pair is likely to strengthen or appreciate against the quote currency, you can buy the pair, otherwise known as going long. If you think it will weaken or depreciate, you can sell the pair, otherwise known as going short. 

The difference between the two currencies is the spread. When buy or sell, you are always buying or selling the first currency in the pair. With Baxia Markets you can trade numerous pais in a very friendly way. Whether you are an intraday scalper or long-term investor, modern platforms make it routine to conduct business with forex. 

Technical Analysis vs Sentiment Analysis in Forex

Technical analysis and sentiment analysis are two important methods of market prediction. Technical analysis is the study of past price action to predict future price movements, while sentiment analysis is the study of how investors feel about a particular asset or market. Both methods can be useful for trading currencies, but they have different strengths and weaknesses.

Technical traders tend to focus on shorter-term trends, sometimes even looking at individual candlestick patterns (such as doji or engulfing patterns) as well as trending chart patterns to make decisions about when to buy or sell a currency pair.

The main advantage here is that it gives you more flexibility: if your prediction was wrong, you can get out quickly without losing too much money compared with other strategies, where losses compound over time if you’re wrong early on in your trade cycle.

Sentiment analysis tends to focus more on long-term trends because longer-term data gives us more insight into which way markets will go in the future based on current investor sentiment towards certain assets.

This type of strategy requires greater patience than technical analysis because it takes longer before there’s enough data available for us so we know what direction markets are moving towards (or whether they’re trending up or down).

Central Banks

Most serious traders are familiar with central banks and their roles as monetary authorities in countries around the world. The European Central Bank (ECB) is the central bank for the eurozone, which is the 19 countries that share the euro as their common currency.

The ECB was established in 1998, and its headquarters are in Frankfurt, Germany. Also, the ECB is responsible for monetary policy in the eurozone, but it also supervises banks and has other responsibilities, such as keeping the financial system stable. Ultimately, the ECB’s main objective is to maintain price stability within the eurozone and to preserve the purchasing power of the euro.

Forex Trading Chart

Get more tools and resources for trading with Baxia Markets

Beginner or Advanced? View our full suite of tools and resources to help traders of all levels.

Forex Full Course

Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.

Forex Calculators

Evaluate your risk, monitor profit or loss for each trade & estimate trading costs with our full suite of calculators.

Economic Calendar

Follow high impact news and events for the financial markets including the latest economic data.

Market Research

Stay up to date with the latest fundamental and technical analysis from the Baxia Markets Analyst team.

Help Center

Find answers to common questions and topics related to trading with Baxia Markets and the trading platforms.

Education Center

View our collection of free educational resources to help you become a profitable trader and learn risk management.

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