Forex

The Foreign Exchange market, also known as FX or Forex, is one of the largest and most liquid markets that you can trade online. Altogether, trillions in notional volume change hands each day.

When you trade currencies with us, you trade them in pairs, such as EURUSD (Euro vs US Dollar). This lets you buy one currency and sell the other in a single trade. Forex popular around the world because of its 24/5 availability. This allows traders in any time-zone to capitalize on opportunities. Together with high leverage options of up to 1:1000, low minimum trade sizes and low spreads, we make trading forex simple for scalping and position trading alike.

Majors

The FX Majors are 7 of the most actively traded currencies paired against the US dollar, each with a unique nickname used by traders:

• AUDUSD (“Aussie”)
• EURUSD (“Fiber”)
• GBPUSD (“Cable”)
• NZDUSD (“Kiwi”)
• USDCAD (“Loonie”)
• USDCHF (“Swissy”)
• USDJPY (“Ninja” or “Gopher”)

These pairs of developed-market currencies are so popular because of their low spreads and high liquidity. This lets you execute larger orders with minimal impact on the price.

The lower volatility of these pairs means reduced market gaps and spreads. Even so, they still offer plenty of exciting market movements to act on. We offer our lowest spreads on these symbols.  Spreads are often zero for large parts of the day. This lets you trade your own way effectively.

Minors

The minors are also known as cross pairs or crosses. This is due being a cross between two of the FX Major currencies against each other. Additionally, crosses do not include US Dollar. This gives traders a different dynamic to trade on. One which is less dependent on the movements in the US Dollar. This lets you speculate on relative movements between the currencies of major economies, such as GBPJPY.

When trading minor pairs with us, you benefit from our same great trading conditions. Also, minors can give higher volatility – providing you additional risk and reward potential.

Exotics

Exotic pairs make up the largest range of currency pairs to trade. The variety of symbols to trade in this category gives ample opportunity to find a unique angle in the markets. These pairs include smaller developed markets such as SEK (Swedish Krona). As well as this, we offer developing markets including THB (Thai Baht).

Volatility on these pairs is often higher. This typically gives increased risk and reward. It is also being a potent way to express trade ideas about the macroeconomics of developing markets against each other.

Trading Conditions

Our trading conditions on Forex are among the most competitive in the market. To this end we combine lowest spreads, high leverage and convenient trading for all. View our spreads, commissions and trading hours to learn more. Try a free demo to experience trading on our forex pairs yourself.