Forex trading describes the international exchange of one currency to another. Also known as foreign exchange or FX, forex trading occurs on the biggest market in the world, trading upwards of 1.9 trillion USD everyday. Forex trading started in the 1970’s when free exchange rates and floating currencies were introduced. The markets have expanded very rapidly over the last few years. Foreign exchange trading is notoriously volatile. No other market in the world can fluctuate so much within a single period and drastically over short periods of time. It is unique because:
- It’s geographical dispersion is global
- Forex trading occurs around the clock in all countries around the globe
- The exchange rates are affected by a very wide range of factors
- Of it’s sheer volume compared to other markets
The liquidity of forex demands an experienced, attentive and trusted broker to exchange large sums of money. HIFX are a regulated forex trading company, helping individuals and businesses with their foreign exchange since 1998.
How Does Forex Trading Affect You?
Transferring large amounts of money abroad is a task many people have to face regularly. If you are buying a property abroad, buying a car or yacht, or maybe transferring money for schooling or a pension, it is inevitable that exchange rates and forex trading will affect how much you pay. At HIFX, we gain an understanding of your intentions and objectives and take the worry out of the money exchange process for you. HIFX’s expert and experienced forex traders will get you the best possible exchange rates for your money transfers and provide a friendly and helpful guidance service whilst doing so.
HIFX have helped over 30,000 individuals, is trusted by 2000 corporate clients over 100 different industries, and has been in business in New Zealand since 2001. We will protect you from negative fluctuations in the foreing exchange market and get you an exchange rate better than your bank’s.
If your need to transfer large amounts of money abroad or simply want to know more about forex trading, don’t hesitate to speak to one of our consultants.
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