Do you like speed and dynamics? Do you have your own vision of tomorrow’s global economy? If so, trading on foreign exchange market suits you perfectly! Become a customer of MCharvey Capital and appreciate our trading conditions as soon as today!
Forex is the international interbank currency market that doesn’t not sleep. The market functions around the world, from Wellington in New Zealand to Los Angeles in the USA, it operates around the clock, 24 hours a day, 5 days a week.
At MCharvey Capital, we provide superior interbank rates from multiple liquidity providers, and there are absolutely no price manipulations.
This is an important factor for orders over 5 lots as it may affect the average price. Deeper liquidity produces tighter spreads.
At MCharvey Capital, we utilise advanced technology and provide redundancy on every level so that our clients can enjoy stable and uninterrupted trading under any circumstances.
At MCharvey Capital, we protect our investors and their funds in every way and are subject to monitoring by a third party organization. MCharvey Capital places a priority on safety first.
The international FOREX market is by far the largest financial instruments OTC market in the world. According to the Bank of International Settlements data (BIS, www.bis.org, global FOREX turnover climbed to 5.3 trillion USD per day in 2013 from 4.0 trillion USD in 2010. This 35% rise even outpaced the 20% rise from 2007 to 2010! It is worth noting that spot was the largest contributor to turnover growth, accounting for 41% of the turnover rise. At 2.05 trillion USD per day, SPOT trading almost reached the same volume as FOREX swaps (2.23 trillion USD) and accounts for 39% of total FOREX turnover.
Obviously, the main part of foreign exchange transactions volume is carried out by large participants of the forex market: central banks, credit institutions, investment banks, hedge funds, asset managers, transnational corporations etc., who perform foreign exchange transactions either for speculative purposes or for hedging against exchange rate risks.
In the last decades, the dynamics of forex rates fluctuations have been greatly by such factors as large international mergers and acquisitions (M&A), which generate significant cash flows.
Nevertheless, today, in the age of modern information technologies and information flows, retail clients play an increasingly important role and gain a larger share of financial and capital markets, asserting themselves as quite aggressive and serious market participants.