A complete set of tools for confident trading in any market.
Forex
Forex is a decentralized market where currencies are traded in pairs. For example, buying EUR/USD means you are buying euros for dollars. All trades are conducted through electronic trading systems and interbank networks.
The market operates 24/5 thanks to consistent trading session activity:
- Weekly payouts to your account
- Work with various payment systems: bank transfers, PayPal, Skrill, cryptocurrencies
- Ability to withdraw funds in local currency
Forex market participants include central banks, which regulate exchange rates, and commercial banks, which provide liquidity through interbank transactions. Companies use Forex to hedge currency risks, and institutional investors such as hedge funds and pension funds use it to diversify portfolios. Retail traders trade through brokers to make a profit, while the brokers and dealers themselves provide the platforms and liquidity.
Majors
These are the most popular pairs, involving the US dollar and the currencies of major economies
EUR/USD
Euro/US Dollar
the most traded pair in the world.
USD/JPY
US Dollar/Japanese Yen
characterized by low spreads.
GBP/USD
Pound Sterling/US Dollar
known for its volatility.
USD/CHF
US Dollar/Swiss Franc
often used as a safe haven.
Crosses
These pairs do not include the US Dollar
EUR/GBP
Euro/Pound Sterling
EUR/JPY
Euro/Japanese Yen
GBP/JPY
Pound Sterling/Japanese Yen
Exotics
Includes one major currency and an emerging market currency
USD/TRY
US dollar/Turkish lira
USD/ZAR
US dollar/South African rand
EUR/SE
Euro/Swedish krona
Advantages of the Forex Market
Accessibility
- Easy to start: no hidden costs
Flexibility
- 24/7 operation allows traders to choose a convenient time for trading.
High liquidity
- The market provides the opportunity to quickly open and close positions.
Profitability potential
- Movements in exchange rates create the opportunity to make a profit both on rising and falling prices.