Forex
A great opportunity to trade with Varengold Bank FX
Under the label “Varengold Bank FX” Varengold Wertpapierhandelsbank AG provides an interactive platform on its website which allows its customers to trade on the Forex market directly from their home or mobile telephone. By making easier the access for the clients, Varengold supports 24 hours a day and gives analysis of the market.
Varengold is making it possible for everyone to take advantage of and participate in the Forex markets through the platform “Varengold Fox Trader” at www.varengoldbankfx.com . Our experts’ daily analysis is read by our customers, which gives them an external perspective and some key information about the markets.
Learn how to trade online and say YES to Forex at Varengold!
Advantages at a Glance
Investment Strategy
Forex (foreign exchange market, FX market, or currency market) refers to trading in the global currency markets or the exchange of foreign currencies (hence the term foreign exchange). It is the largest financial market of the world as it has a daily spot turnover of some 1.9 trillion dollars.
Currency exchange transactions comprise the simultaneous purchase and sale of different currencies on the inter-bank market. Exchange rates accrue from these transactions, so that the value of each currency can be expressed in any of the others. The nominal exchange rate expresses the relative pricing between two currencies on the foreign exchange market.
Currencies are always traded in pairs, on both spot and futures markets. It is not possible to buy or sell dollars alone; euros are traded for dollars, dollars for yen and so on. Thus, exchange rates are always given as a pair, for example "EUR/USD 1.433" which means that to get one euro, you pay 1.433 US dollars.
Varengold gives you all the information you need to know about Forex. Our daily report sums up the market review, its expectations regarding the latest events occurring around the world such as Central banks meetings and the communication of data published concerning a country’s economy. Our daily report serves to support your decision making, and to keep you informed of financial events.
Our main objective is to build a long time relationship and to prove our competences.
Our expertise and knowledge in this particular market represent an interesting tool for you and your wish to be an active participant in the Forex market. 24 hours a day around the world. When Europe sleeps, Tokyo trades. Therefore, with Varengold you can trade globally at any time......
