Average True Range - is an indicator that measures volatility of the market.
Methods of usage are similar to the methods of usage of Standard Deviation
| Advantage | FOREXYARD | Stocks | Futures |
|---|---|---|---|
| 24 Hour Market Liquidity | yes | Limited Products | Limited Products |
| Price Certainity on Market Order | yes | no | no |
| Up to 200:1 Leverage | yes | no | no |
| Commission-Free Trading | yes | no | no |
In the currency market, you pay NO commissions and NO exchange fees. Because you deal directly with the market maker via a purely electronic online exchange, you eliminate both ticket costs and middleman brokerage fees. There is still a cost to initiating a trade, but that cost is reflected in the bid/ask spread that is also present in futures or equities trading. However, trading via our trading station offers tight consistent spreads.
Unlike most Stocks/futures exchange, the FX market is a seamless 24-hour market. This allows you to react to favorable or unfavorable news by trading immediately. If important data comes in from England or Japan while the U.S. futures market is closed, the next day's opening could be a wild ride. (Overnight markets in futures currency contracts exist, but they can only be thinly traded, are not very liquid and are difficult for the average investor to access).
FOREXYARD prides itself in choosing the best execution possible in all market conditions. FOREXYARD offers a trading system with instantaneous execution and price certainty on every market order, under normal market conditions. With the FX trading station, traders execute directly off real-time streaming prices: there is no discrepancy between the displayed price shown on the platform and the execution price to enter your trade. In addition to offering instant real time execution, the trading station offers fixed spreads 24 hours a day, regardless of market conditions.
Unlike the equity market, there is no restriction on short selling in the currency market. Trading opportunities exist in the currency market regardless of whether a trader is long or short, or which way the market is moving. Since currency trading always involves buying one currency and selling another, there is no structural bias to the market. Hence, a trader has equal access to trade in a rising or falling market.
In the spot forex market, trades must be settled in two business days. If a trader sells 100,000 Euros on Tuesday, the trader must deliver 100,000 Euros on Thursday, unless the position is rolled over. As a service to our traders, FOREXYARD automatically rolls over all open positions to the next settlement date at 5:00 pm New York time. Rollover involves exchanging the position being held for a position expiring the following settlement date. The positions being exchanged are usually not valued at the same price. The difference in amount varies greatly based on the currency pair, the interest rate differential between the two currencies, and fluctuates day to day with the movement of prices.
For positions open at 5.00 pm EST there is a daily rollover (interest payment) you pay for an open position depending on your established margin level and position in the market. If you do not want to earn or pay interest on your positions, simply make sure they are closed by 5.00 pm EST, the established end of the market day.
