Forex Trading in Sydney

Featuring international offices from Asia to the United Kingdom, clients are never far from the resources vital to achieving their market-oriented goals.

A premier destination for low spreads and second-to-none execution, FXCM caters to the needs of active currency traders and investors around the globe. Featuring international offices from Asia to the United Kingdom, clients are never far from the resources vital to achieving their market-oriented goals.

For those participants residing on the continent of Australia, FXCM maintains a regional headquarters in the bustling financial hub of Sydney. Located in the heart of the Sydney Central Business District (CBD), FXCM Australia Pty. Limited operates as a licensed forex/CFD brokerage by the Australian Securities and Investments Commission (ASIC).

Australia's Prominent Financial Markets

Australia offers aspiring traders and investors numerous options for pursuing their financial objectives. A variety of equity, currency and derivative markets are readily accessible, and the following are Australia's prominent marketplaces and products:

  • Australian Stock Exchange (ASX): With more than 2,000 companies listed, the ASX offers individuals an abundance of unique stocks and indices for active trade. Derivative products facing commodities, debt instruments and equities indices are also available.
  • National Stock Exchange of Australia (NSX): A licensed Tier 1 market operator, the NSX specialises in the offerings of growth stocks and capital-raising solutions.
  • Forex: The forex is a decentralised over-the-counter (OTC) financial venue. It specialises in the trade of currency pairings and CFDs, and participants can engage the forex 24 hours a day, 5 days a week via the online portal.

Australia's markets are representative of its standing as a globally renowned economic power. As the 12th largest economy in the world, the country's financial markets rank in the top ten worldwide in raising equity and capitalisation.1

Australia's Forex Environment

Sydney Forex Trading - Australia's Prominent Financial Markets | FXCM AU

The forex trade in Australia is a robust environment featuring an abundance of retail and institutional investors. Participants engage the forex on a daily basis and place emphasis upon the relative strength of the Australian dollar (AUD) and policy-making authority of the Reserve Bank of Australia (RBA).

Commonly referred to as the "Aussie", the AUD is a prime target for domestic currency traders. The AUD accounts for 6.9% of aggregate daily forex turnover, earning a rank of 5th among the world's majors. It is most frequently traded in concert with the U.S. dollar (AUD/USD), euro (EUR/AUD) and Japanese yen (AUD/JPY).2

An ideal carry trade candidate, the Aussie offers long-term investment security as well as consistent short-term opportunities. A strong correlation between the AUD and gold bullion frequently attract commodity traders looking to hedge risk exposure or speculate upon future pricing fluctuations.

World-Class Support And Service

Sydney Forex Trading - World-Class Support And Service | FXCM AU

FXCM is an industry leader in the provision of forex and CFD market access. Whether you are actively engaging currencies, commodities or the indices, FXCM offers a comprehensive trade-related services suite.

We are here for our traders. We hold educational events in our Sydney and Melbourne office space so traders can learn to trade successfully. Traders can set up appointments to get assistance with our trading platform, hold in-person meetings to help understand how to use our resources, better understand the account opening process and more.

No matter your size or approach to the markets, rest assured that FXCM stands ready to make your journey into the marketplace a positive one.

Disclosure

1 Retrieved 26 April 2018 https://www.asx.com.au/listing-IPO-on-ASX.htm

2 Retrieved 29 April 2018 https://www.bis.org/publ/rpfx16fx.pdf

Market Opinions: Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. FXCM will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.

Risk Warning: Our service includes products that are traded on margin and carry a risk of total loss of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

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