USGFX Anticipates A Rise In Forex Trading As Chinese Stock Market Volatility
by Eric French Professional WriterFOR IMMEDIATE RELEASE
The
continued Volatility in the Chinese stock market has triggered a rise
in interest from investors who are looking to invest in other markets
such as the foreign exchange market.
The Shanghai Composite Index
has been volatile and at one stage dropped more than 30% from its June
12 peak, representing a loss of more than $3.25 trillion to the Chinese
stock market.
USG, an Australian foreign exchange brokerage
based in Sydney, said that the stock market decline in China has created
much anxiety and uncertainty around the world in recent months and many
investors are looking to invest more in other markets.
USGFX
Chief Executive Officer, Shay Zakhaim, in a statement today said
"unlike the stock market, where investors can only profit when the price
of their stock increases, with the forex market, investors can profit
whether currencies appreciate or depreciate. One of the fundamental
differences between the stock market and the forex market is that with
the forex market, traders can either long or short their positions and
stand to profit from both appreciating and deprecating currencies”
There
are also other key differences between the two markets that make the
foreign exchange market look attractive to investors and traders.
No
central exchange - The foreign exchange market has no central exchange
and is commonly referred to as Over the Counter exchange. Traders can
enter and exit trades from anywhere in the world on their computer or
mobile device. All that is required is an internet connection and a
trading platform.
Leverage - The foreign exchange markets offer
leverage at a significantly higher level than the stock markets. Some
foreign exchange brokers can offer leverage of up to 1:500. However,
this can be a double-edged sword because whilst traders stand to make
significant profits if the trade goes their way, significant losses can
also occur if the trade does not go in the direction intended.
To
learn more about how to trade the foreign exchange market successfully,
USGFX offer a coaching program to provide a structured understanding of
forex trading.
About USGFX
USGFX is a
regulated Australian broker and holds an Australian Financial Services
License. With the company head-quartered in Sydney, clients of USG are
able to access the markets to trade major and exotic FX Currency Pairs,
CFDs, indices and commodities.
For more information on USGFX and the services offered please visit: https://www.usgfx.com
Media Contact
Justin Pooni
Company Name: USGFX
Address: G03, 135 Macquarie Street, Sydney, NSW 2000, Australia
+61 2 9251 1395
justin@usgfx.com.au
https://www.usgfx.com/
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