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Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)

Taurex FAQs

Find answers to all your questions about trading with Taurex.

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How does Forex trading work?

In forex trading, you’ll be buying one currency while simultaneously selling another, aiming to benefit from the changes in exchange rates between the two. While you can employ strategies and leverage to navigate the market, it’s important to proceed with caution, as the forex market is known for its volatility and the potential for rapid changes.

What is leverage in forex trading?

Leverage allows you to control larger positions in the market with a smaller amount of capital. It is a loan provided by brokers like Taurex, to increase potential returns. However, leverage also amplifies the risk, as losses are also magnified. It is important to use leverage responsibly and understand the risks involved.

What trading account types are available with Taurex?

A Taurex trading account gives you the ability to trade Forex and much more. You can choose among three different account types: Standard Zero, Pro Zero, Raw. For more information about the specifications of each account type, you can always visit our Account Types page.

Does Taurex offer a demo account to practice forex trading?

Yes, Taurex provides a demo account option to practice your strategies and familiarize yourself with the trading platform. The demo account allows traders to trade with virtual funds in a risk-free environment, enabling them to gain experience and confidence before trading with real money.

Why should I choose Taurex to trade Forex?

Trading Forex with Taurex is a smart move for efficiency and peace of mind. Taurex is multi-regulated, which means you’re trading in a safe environment with strong oversight. The low costs and fair conditions are tailored to ensure that your trading operations are streamlined and efficient. Moreover, Taurex grants you access to the MT4 and MT5 trading platforms, including our native, easy-to-navigate app, which facilitates speedy and convenient market access. To help you hone your trading skills, Taurex also offers an array of valuable tools and educational webinars.

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