FOREX
Forex (FX) is the market in which currencies are traded. The forex market is the largest, most liquid market in the world, with average traded values that can be trillions of dollars per day. It includes all of the currencies in the world.
An over-the-counter market where buyers and sellers conduct foreign exchange transactions. The Forex market is useful because it helps enable trade and transactions between countries, and it also allows an investment opportunity for risk seeking investors who don’t mind engaging in speculation. Individuals who trade in the Forex market typically look carefully at a country’s economic and political situation, as these factors can influence the direction of its currency. One of the unique aspects of the Forex market is that the volume of trading is so high, partially because the units exchanged are so small.
Market | Description | Typical Spread | Minimum | Leverage |
---|---|---|---|---|
EURCHF | (Euro vs Swiss Franc) | Variable | 0.01 | 0.1111111111 |
EURGBP | (Euro vs Great Britain Pound) | Variable | 0.01 | 0.1111111111 |
EURJPY | (Euro vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
GBPCHF | (Great Britain Pound vs Swiss Franc) | Variable | 0.01 | 0.1111111111 |
GBPJPY | (Great Britain Pound vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
NZDUSD | (New Zealand Dollar vs US Dollar) | Variable | 0.01 | 0.1111111111 |
AUDCAD | (Australian Dollar vs Canadian Dollar) | Variable | 0.01 | 0.1111111111 |
AUDCHF | (Australian Dollar vs Swiss Franc) | Variable | 0.01 | 0.1111111111 |
AUDNZD | (Australian Dollar vs New Zealand Dollar) | Variable | 0.01 | 0.1111111111 |
EURAUD | (Euro vs Australian Dollar) | Variable | 0.01 | 0.1111111111 |
EURCAD | (Euro vs Canadian Dollar) | Variable | 0.01 | 0.1111111111 |
GBPAUD | (Great Britain Pound vs Australian Dollar) | Variable | 0.01 | 0.1111111111 |
GBPCAD | (GBP vs Canadian dollar) | Variable | 0.01 | 0.1111111111 |
AUDJPY | (Australian Dollar vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
CADCHF | (Canadian Dollar vs Swiss Franc) | Variable | 0.01 | 0.1111111111 |
CADJPY | (Canadian Dollar vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
CHFJPY | (Swiss Frank vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
EURNZD | (Euro vs New Zealand Dollar) | Variable | 0.01 | 0.1111111111 |
EURSGD | (EUR vs Singapore Dollar) | Variable | 0.01 | 0.1111111111 |
GBPNZD | (GBP vs New Zealand Dollar) | Variable | 0.01 | 0.1111111111 |
NZDCAD | (New Zealand Dollar vs Canadian Dollar) | Variable | 0.01 | 0.1111111111 |
NZDCHF | (NZD vs Swiss Frank) | Variable | 0.01 | 0.1111111111 |
NZDJPY | (New Zealand Dollar vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
SGDJPY | (Singapore dollar vs Japanese Yen) | Variable | 0.01 | 0.1111111111 |
USDSGD | (US Dollar vs Singapore Dollar) | Variable | 0.01 | 0.1111111111 |