About Mensa Finance

We are a world-leading online trading provider, giving you access to opportunities across thousands of financial markets.We offer financial institutions trading, execution and reporting services for self-trading and discretionary clients. In an introducing broker collaboration model, we take care of all processes from KYC and on-boarding to risk management, with market data fees included.

Mensa Finance aims to elevate your online trading experience witheasy-to-use tools and research at your fingertips.Operating at the highest level of transparency.Mensa Finance employs the latest security protocols to ensure maximum protection for client funds and a smooth trading experience.

About Us
shape

Why We Are?

We are an online broker that focuses on providing high-end, reliable services, while at the same time building mutual trust with our clients. For us clients are not just numbers on a spreadsheet; they are individuals, with individual needs and individual objectives. Whether you are a professional trader or new to the financial market, Mensa Finance can accommodate all.The opportunities in the global capital markets are open to everyone. And we believe that everyone has the ability to turn their dreams for the future into reality. That’s why we’re focused on helping you invest and trade well.

From the moment of its foundation, Mensa Finance has always been focused on providing best trading conditions using innovative technologies and many years of experience. Mensa Finance is an international broker, which offers 8 asset types and more than 12,000 instruments for trading. We’re very proud of a variety of services we provide our clients and partners with, which are of the same quality for all, regardless their experience and amount of their investments.

Forex Trading

NFA Licence

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities. In order to question licence of Mensa Finance on NFA, Please go to https://www.nfa.futures.org/basicnet/ and search the licence number : 0558532

 Australian Securities and Investments Commission (ASIC)

Australian Financial Services Licence (AFSL) is a legal licence provided by the Australian Securities and Investments Commission (ASIC) enabling the operation and activities of Australian financial services businesses. It is a legal requirement for any Australian financial service business to obtain an AFSL from the day business operations begin unless provided a limited licence or exemption with special provisions under section 911A of the Corporations Act. The AFSL is issued by ASIC under Chapter 7 (section 911A) of the Corporations Act 2001, in line with its regulatory supervision of the financial services industry. Australian Financial Service Businesses must submit an application to ASIC coupled with supporting documents to be assessed. Licensees are obligated to provide efficient, honest and fair financial services under the conditions of their AFSL and the Corporations Act 2001. Failure to follow and uphold the policies under the AFSL and the Corporations Act 2001 will result in penalties against the business.

Some wholesale charitable investment fundraisers are exempt from the AFSL licensing requirements. By an instrument in 2002, ASIC granted CIFs certain AFSL exemptions, including exemption from the requirement to hold an AFSL, if the only financial products issued were debentures or managed investment schemes.

In order to question licence of Mensa Finance on ASIC, please go to: https://bitly.ws/VMVs 

shape
Forex Trading

Forex Trading

As the world's most-traded financial market, foreing exchange presents a wealth of opportunities for those who can haberss its intherent volatility. Open a forex trading account and use our award-winning platforms to take advantage of movements in currency prices.

shape

Our Awards

Best Mobile Trading App

Best Mobile Trading App

Most Trusted Broke

Most Trusted Broke

Most Transparent Broker

Most Transparent Broker

FAQ

Forex stands for foreign exchange and it is the name given to the currency market/foreign exchange market on which FX traders buy and sell currencies. A currency rises or falls in value relative to another currency when Forex trades happen, so the price is shown as a currency quote. You will have seen these same quotes at the foreign exchange office if traveling overseas.

The change in the quote happens when currency conversion takes place. Foreign currencies are converted millions of times every day creating the volatility that provides the opportunity to profit in Forex.

Forex stands for foreign exchange and it is the name given to the currency market/foreign exchange market on which FX traders buy and sell currencies. A currency rises or falls in value relative to another currency when Forex trades happen, so the price is shown as a currency quote. You will have seen these same quotes at the foreign exchange office if traveling overseas.

The change in the quote happens when currency conversion takes place. Foreign currencies are converted millions of times every day creating the volatility that provides the opportunity to profit in Forex.

Pip is short for ‘price interest point’. It is the smallest reference point for the change in the price of an exchange rate. Because exchange rates are typically quoted in fractions of a currency, a pip is used to understand those fractional movements more precisely.

For major currencies, the pip is typically the fourth decimal point.

For example EUR/USD = 1.3001 (The pip is the ‘1’)

But in some cases, typically involving a weaker currency - the pip is valued differently - such as with the Japanese yen, where the pip is the second decimal point).

USD/JPY = 104.32 (The pip is the ‘2’)"

The spread is the difference between the buy price and sell price on the currency pair and is measured in pips. With more competition among brokers and as technology improves, forex spreads are generally trending lower. Let’s take a hypothetical example: GBP/USD = bid 1.4035 / ask 1.4037

The buy price is almost identical to the sell price but there is a small difference of 2 pips (7 - 5 = 2)

The best forex trading platforms will display the amount of the spread before you place the trade, and automatically calculate the exact cost in the currency of the trading account.

Go long or short. When you trade Forex you can make a profit whether markets are going up or down.

Trade 24 hours a day. Forex market hours are open 24 hours a day which gives you the flexibility to trade around the clock.

High liquidity. Forex markets are the most liquid markets in the world. This means that that is a large number of buyers and sellers that are looking to place a trade at any given time. This high liquidity means that Forex transactions can be completed swiftly and easily.

High Volatility. Volatility in Forex Markets: Since there is a high volume of currency trades each day the price movements of some currencies can be very volatile. While this volatility can be advantageous since you can trade price movements in any direction it's also important to employ risk management tools to protect yourself against losses.

Trade on leverage. Mensa Finance gives you the opportunity to trade Forex with CFDs. When trading CFDs, investors are able to profit from both rising and falling markets. This is due to the ability to both buy (go long) and sell (go short) when trading contracts for difference, providing traders with additional ways to earn a profit when compared with traditional methods of investment.

Extensive choice of currency pairs. A wide range of currency pairs: Forex trading gives you the opportunity to trade global currencies and react to current market events.

To find the best opportunities in Forex - smart traders learn how to trade the Forex market, including how to read charts, manage risk and stay disciplined.

Forex trading for beginners should begin with some form of Forex training to learn the best practices of successful traders.

There are also many free online Forex courses and some top trading books written by smart traders and well-known trading mentors, as well as many free Forex ebooks.

From a very birds-eye perspective there are 7 majors steps in learning how to make money in Forex trading:

  • Learn how the Forex market works
  • Open a trading account (you can click here to open a Mensa Finance trading account)
  • Get familiar with the trading platform
  • Learn technical analysis to be able to read the market price action
  • Learn the principles of risk management.
  • Develop a trading strategy and backtest the results
  • Start trading in a live Forex account