The document provides an overview of the foreign exchange (forex) market and trading with Admiral Markets. It discusses that the forex market is the largest financial market in the world, with over $6 trillion traded daily. It also summarizes that forex involves simultaneously buying one currency while selling another currency pair. Finally, it highlights some of the advantages of forex trading with Admiral Markets, such as leverage, low transaction costs, and a 24-hour market.

1. Admiral Markets
“What is FOREX”

2. What is FOREX?
• The Foreign Exchange market, also referred to as
"Forex" or "Retail Forex“ or "FX"
• "Spot FX" or just "Spot" is the largest financial
market in the world, with a volume of more than $6
trillion a day.
• If you compare that to the $50 billion a day volume
that the New York Stock Exchange trades, you can
easily see how enormous the Foreign Exchange really
is.
• It actually equates to more than three times the
total amount of the stocks and futures markets
combined! Forex rocks!

3. Oooh, the NYSE looks so puny compared to forex! It
doesn't stand a chance!

4. The currency market is over 53 times BIGGER! It is HUGE! But hold your
horses, there's a catch!

5. What is Traded?
Major Currencies
USD United States Dollar
EUR Euro Zone Members Euro
JPY Japan Yen
GBP Great Britain Pound
CHF Switzerland Franc
CAD Canada Dollar
AUS Australia Dollar
NZD New Zealand Dollar
Forex currency symbols are always three letters, where the first two letters identify the
name of the country and the third letter identifies the name of that country’s currency.

6. Currencies Are Traded in Pairs
Forex trading is the simultaneous buying of one currency and selling
another.
Imagine each pair constantly in a "tug of war" with each currency on its own side of
the rope. Exchange rates fluctuate based on which currency is stronger at the
moment.

7. Major Currency Pairs
The currency pairs listed below are considered the "majors“
Pair Countries FX Geek Speak
EUR/USD Euro zone / United States "euro dollar"
USD/JPY United States / Japan "dollar yen"
GBP/USD United Kingdom / United States "pound dollar"
USD/CHF United States/ Switzerland "dollar swissy"
USD/CAD United States / Canada "dollar loonie"
AUD/USD Australia / United States "aussie dollar"

8. Market Size and Liquidity
The forex market is considered an Over-the-Counter (OTC), or "Interbank", market due to the
fact that the entire market is run electronically, within a network of banks, continuously over a
24-hour period.

9. The Dollar is King
• The United States economy is the LARGEST economy in the
world.
• The U.S. dollar is the reserve currency of the world.
• The United States has the largest and most liquid financial
markets in the world.
• The United States has a super stable political system.
• The United States is the world's sole military superpower.

10. Advantages of Forex
with Admiral Markets
Leverage
No fixed lot size
No commissions No middlemen
Low transaction costs A 24-hour market High Liquidity.
No one can corner the market

11. Market Players
The Super Banks
Large Commercial Companies
The Speculators
Governments and Central Banks
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12. In general, the exchange rate of a currency versus
other currencies is a reflection of the condition of that
country's economy, compared to the other countries'
economies.
• The Forex market is considered an Over-the-Counter
(OTC) or 'Interbank‘ market.
• The entire market is run electronically, within a
network of banks, continuously over a 24-hour period.
• Until the late 1990's, only the "big guys" could play
this game.

13. • Forex was originally intended to be used by bankers
and large institutions - and not by us, retail customers.
However, because of the rise of the Internet and global
economy, we, the retail investors are an important part
of all markets.
• Admiral Markets is now able to offer trading accounts
to 'retail' traders like us.
• All you need to get started is a computer, an Internet
connection, and the information contained within this
site http://www.admiralmarkets.in/

14. Trading Sessions
• Now that you know what forex is, why you should
trade it, and who makes up the Forex market, it's about
time you learned when you can trade. Yes, it is true
that the forex market is open 24 hours a day, but that
doesn't mean it's always active the whole day.
• You can make money trading when the market moves
up,
• And believe us, there will be times when the market is
as still as the victims of. This lesson will help determine
when the best times of the day are to trade.
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15. Market Hours
Time zone IST
SYDNEY OPEN 6:00 AM
SYDNEY CLOSE 3:00 PM
TOKYO OPEN 7:00 AM
TOKYO CLOSE 4:00 PM
LONDON OPEN 12:30 AM
LONDON CLOSE 9:30 PM
NEWYORK OPEN 6:30 PM
NEWYORK CLOSE 2:30 AM

16. Best Days of the Week to Trade
Below is a chart of average pip range for the major pairs for each day of the
week:

17. Worst Times to Trade:
• Sundays - everyone is sleeping or enjoying their
weekend!
• Fridays - liquidity dies down during the latter part of
the U.S. session.
• Holidays - everybody is taking a break.
• Major news events - you don't want to get
whipsawed!
• During American Idol, the NBA Finals, or the
Superbowl.

18. How You Make Money in Forex
EUR/USD 0.10 10,000 1$
0.20 20,000 2$
0.30 30,000 3$
0.50 50,000 5$
0.60 60,000 6$
0.80 80,000 8$
1.00 1,00,000 10$
3.00 3,00,000 30 $
5.00 5,00,000 50$
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19. 1) Commodities market
• Oil
2) Currency Market(Forex)
• Gold
• Largest market in the world
• Silver
• Open 24h a day, 5 days a week.
• Industrial Commodities
• Soft Commodities
Admiral-Trader
3) Equities Market
• Stocks and Bonds
(stocks of US companies, bonds from the US and German markets);
• Contracts for indices: USA, UK, France, Tokyo, Warsaw,India and many more.
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20. Market Correlations
(commodities - example)
Commodities are quoted in U.S. dollars, thus the
weakening of the U.S. currency increases the interest
in commodities, because they are cheaper for
investors having other currencies, therefore prices of
commodities go up because of higher demand.
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21. EURUSD vs. GOLD
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22. Most Traded currencies of all is EUR /USD, being 86% of all transactions.

23. Margin (initial deposit)
• Margin blocked when opening a transaction;
• It allows the use of leverage;
• Margin amount (standard): 1% of nominal for currencies
2% of nominal for indices
3% of nominal for commodities
7% of nominal for equities
Margin allows you to open a large number of trades with a small
commitment of capital.
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24. Free “Demo” Accounts, News, Charts, and
Analysis
• Admiral Markets offer 'demo' accounts to practice
trading, along with breaking Forex news and charting
services. All free!
• These are very valuable resources for EAGER TO
LEARN traders who would like to hone their trading
skills with 'play‘ money before opening a live trading
account and risking real money.

25. Demo Trading
• You can open a demo account for free with Admiral
Markets. This account has the full capabilities of a
"real“ account.
• Why is it free?
It's because the Admiral Markets wants you to learn
the ins and outs of their trading platform, and have a
good time trading without risk, so you'll fall in love
with them and deposit real money.
• The demo account allows you to learn about the
Forex markets and test your trading skills with ZERO
risk.
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26. You can be a winner at ‘Admiral Markets’, but as in
all other aspects of life, it will take hard work,
dedication, a little luck, a lot of common sense, and
good judgment ’’
Thanks for your attention
Admiral Markets
Ashwin Peswani
+91-9503026000
ashwin@admiralmarkets.in
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