ON FX
ON users are trading foreign currencies at live prices 5 days 24 hours! Use ON FX for your foreign currency, and trade at live prices and exchange rates 24 hours a day and 5 days a week. Immediately start trading by using ON FX accessible via our mobile application ON or ON Internet Branch!
If you are not yet registered in ON, download ON now. Fill in our form provided at ‘I Want to be a Customer’ step. Register in ON easily by a video call with our specialized customer representatives. Then, log in on our mobile application ON, and immediately start trading by following the FX markets via ON FX step!
Which transactions can i perform via ON FX?
With the help of ON FX, accessible via our mobile application ON, the following transactions are performed 24 hours a day, 5 days a week as long as the international markets are open, Monday 00:00 – Friday 23:50 or Monday 01:00 – Friday 23:50 according to the summer time/winter time application in international markets range can be processed.
- You can instantaneously follow the exchange rates via ‘Exchange Rates’ step.
- You can instantaneously trade via Buy/Sell buttons.
- You can follow your active, executed and cancelled orders via ‘Orders’ step.
- You can add limit-stop and market orders by clicking ‘Add’ button at ‘Orders’ step.
- Via ‘Alarm’ step, you can monitor your active and executed alarms, and add new alarms, and set alarms at any level targeted for any precious metal and FX pair you wish. If you do so, you receive a notification when the targeted price level is reached.
- Via ‘News’ step, you can follow the current events and developments in markets.
- Via ‘Settings’ step, you can manage your notifications.
- ON FX may remain open for up to 3 hours. You can request information if you keep your session open for certain ranges via ‘Settings’ step.
Advantages of Trading with ON FX
- You can easily follow the price changes during the day by adding in the follow-up list the currencies that you want to follow or that you trade frequently in the application.
- You can take your investment transactions to the next level by using different order types such as limit and market orders.
- With the help of alarm feature, you can set an alarm for the exchange rates you want to follow and receive notifications when the price level you have set is reached.
- With the news feed in the application, you can easily and continuously follow the developments that may affect the market from a single source.
- You can make transactions via ON Mobile and internet banking 24 hours a day, 5 days a week.
How to Use ON FX Application?
ON FX Order Types
While trading on ON FX, you can place orders by using different order types according to the market situation, your expectations or your risk assessment. Since different order types have advantages and disadvantages, it is important to know in which situations they can be used.
Buy Limit Order
It is the type of order given to buy at a lower price than the market price of the relevant asset, when trading on ON FX. When placing a buy order, you can use the limit order type, if you want to set the price of the investment instrument yourself. When placing a limit order, you can specify the order price and the amount you want to buy. Here, the amount of foreign currency or precious metals you can buy in exchange of the total amount at the price you set is automatically calculated.
Sell Limit Order
It is the type of order given to sell at a higher price than the market price of the relevant asset, when trading on ON FX. When placing a sell order, you can use the limit order type, if you want to set the price of the investment instrument yourself. When placing a limit order, you can specify the order price and the amount you want to sell. Thus, you do not need to stand by the screen and follow the markets while waiting for the market price to reach the price you want to sell at. Your order is executed when the market prices reaches the price you have set.