What is Forex?
FOREX (Foreign Exchange) is an Interbank system of exchanging foreign currencies at an agreed rate. The Forex market began in it's current form in the 1970's when the world's monetary system moved from fixed to floating rates of exchange. Forex is a little different to other markets such as Stocks or securities in that the vast majority of the trading happens at computer terminals between banks rather than on a traditional market floor. Another huge difference between Forex and other markets is the huge trading volume. Every day, between 1-3 Trillion dollars is traded in the worldwide Forex market. The worldwide Securities market is estimated at just 300 billion dollars daily. There is yet another difference between Forex and other markets. Trading Stocks and Securities is suspended at the end of each day. Forex can be traded 24 hours a day, 5 days a week (Mon-Fri). The lack of a central trading floor allows the Forex market to remain open across timezones.

Do I need a lot of money to start?
In fxopen.com, allows you to open a live account from just US$25, so you don't need to be a large player to participate in the market. You can also to use up to 1:500 leverage on your money. A trade of $20 of your money can actually be "leveraged" to $10,000 on the real market.

Can I lose money?
Yes you can lose money. 90% of new traders do lose money at least in the beginning. However, with careful risk management, the right training, and a lot of practice, you can minimise your losses and turn them into gains.

How does Fxina.com make the money to pay me?
The sky's the limit really. The more you trade, the more you get back from the trade rebate. Fxina will pay you up to 50% of our proceeds. We believe a 50/50 spilt is fair and amicable.

What if my trade loses? Do I still get a rebate?
Yes of course. The rebate comes from the spread when you make a trade. The spread is still there whether you win or lose. If you have a losing month, the rebate we pay you can take some of the edge off the loss and help you to recover.

I am already a profitable trader. Why do I want a rebate?
It's simple. You already pay the spread on every trade you make. Doesn't it make sense to get something back from it? Ask yourself, does your current broker give you a discount on the spread? The extra money guaranteed every month makes for a nice bonus to spend as you please.

How often are rebates paid out?
We pay your rebate automatically, once a month between the 1st and the 10th of the month and payments are made directly into your trading account.

Can I get a rebate on a micro account?
Yes, you can, but the rebate amount must be $1 or more in a given month. If the rebate is less than $1, it will be rolled over into the next month until it is $1 or more.

I would like to demo the platform before I open a live account
Click here to download a free demo of the Metatrader 4 platform.