Foreign Exchange commonly known as ‘Forex’ or ‘FX’, is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world’s most traded market, with an average turnover in excess of US$ 5 trillion per day.
Compare this to the New York Stock Exchange, which has a daily turnover of around US$50 billion and it’s easy to see how the foreign exchange market is the biggest financial market in the world.
Essentially, financial markets, the OTC forex market has no physical location or central exchange and trades 24-hours a day through a global network of businesses, banks and individuals. This means that currency prices are constantly fluctuating in value against each other, offering multiple trading opportunities.
JumboFX is an Automated Algorithm based Trading Platform operating multiple dynamic trading theories based on Technical Trading, Risk – Reward Management, Optimum Quantity Trading and other Statistical and Mathematical probabilities and formulations.
Unlike more common prediction based platforms, this platform combines multiple trading theories on a real time basis and tries to achieve optimum positive results by converting more than 95% Trades into success calls through closely set and defined mathematical permutations and combinations
The platform is connected to the Live Spot FX market through MT4 terminals and operates 24/7 for five days a week. All orders are placed automatically by the platform via our Cloud based Servers with predefined STOP LOSS (S/L) and TARGET PROFIT (T/P) parameters at the time of placing the call.
The following factors set JumboFX apart from other FX platforms and tools
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Fully Automated Algo Trading.
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Attractive Consistent performance and profitability
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Excellent Risk Management based on quantity management and diversified portfolio arrangement.
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Constant processing of incoming data feeds to analyze and formulate future trades
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More than 60% of the market volume coverage with minimal currency pairs.
JUMBOFX has been specifically conceptualized and designed to operate in the Global Financial Arena.
The OTC Trading Markets trade around the clock on a number of currency pairs namely EURUSD, GBPUSD, USDJPY, NZDUSD etc.
The US Dollar is the most liquid and traded currency in the World. As per recent survey the US Dollar was involved in 87% of all trades with EURO being involved in 34% of all currency transactions daily.
The USD/EUR currency pair is the most traded pair on the World Financial Markets covering a volume of over 25% of the daily turnover of today’s $5 Trillion market followed by USDJYP, GBPUSD and so on.
The JUMBOFX platform operates five currency pairs involving six different currencies. The volume covered by five currency pairs operating on JUMBOFX combined is more than 60% of the market turnover.
The Five currency pairs JUMBOFX trades in are EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD.
