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Forex REDSTAR is a premier trading and investment management company that is involved in trading a variety of financial market products. We are involved in trading and analysis of various financial markets using both technical and fundamental analysis. Our team consists of individuals with a wide range of expertise and backgrounds and with over five years experience trading in these markets in India,UK, the United States and in Nepal. Our dedicated and fully equipped staffs are available to assist and guide our clients to generate profits from their trading activities. We are currently providing assistance to our clients to trade the commodities futures market and the spot foreign exchange market.
Forex REDSTAR offers instant access to financial instruments around the world including prices on stocks, sectors, indices, currencies, commodities and interest rates. Whatever and wherever our customers want to trade global markets, our online trading platforms provide all of the needed tools. Our online and mobile trading services ensure that our customers are never more than a click or two away from the next trade. |
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Currency Trading
The USD Index is a barometer of the general assessment of the US Dollar relative to a basket of foreign currencies, in a similar way that the Dow Jones Industrial Average is a picture of the US stock market. It is a leading benchmark for the international value of the US dollar and the world’s most widely traded currency index. Currently the index is calculated by factoring in the exchange rates of six of the major world currencies. The breakdown is as follows: (Euro 57.6%, Japanese Yen 13.6%, British Pound 11.9%, Canadian Dollar 9.1%, Swedish Krona 4.2%, Swiss Franc 3.6%).
The USD Index is a versatile product where traders can take advantage of the moves in the value of the US Dollar relative to a basket of world currencies. It could also be used to hedge a portfolio of assets against the volatility of the dollar.
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WHAT ARE CFD'S?
A contract for difference (or CFD) is a contract between two parties, buyer and seller, stipulating that the seller will pay to the buyer the difference between the current value of an asset and its value at contract time. (If the difference is negative, then the buyer pays instead to the seller.) For example, when applied to equities, such a contract is an equity derivative that allows investors to speculate on share price movements, without the need for ownership of the underlying shares.
CFDs provide investors with the opportunity to take long or short positions. Unlike futures contracts, CFDs have no fixed expiry date or contract size. Trades are conducted on a leveraged basis with margins typically ranging from 1% to 20% of the notional value for CFDs on leading equities.
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