Market Instruments

Forex

What is Forex Trading?

The foreign exchange market is the world’s largest financial market, with over $5 trillion trades daily. EUR/USD, USD/JPY and GBP/USD are the most popular among major currency pairs. CFD Trading consists of the creation of a contract between ‘buyer’ and ‘seller’, where the latter will pay the price different at the contract execution time. Forex market hours are flexible and allows traders to buy and sell currencies 24 hours a day, five days a week, except weekends.

Major Forex Currency Pairs

There a several forex currency pairs that are widely traded and are very liquid in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all forex market trading. As they attract the largest volume of buyers and sellers, their spreads are typically the tightest.

Currency Pairs

AUD/CAD AUD/CHF AUD/JPY AUD/NZD AUD/USD CAD/CHF
CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP
EUR/JPY EUR/NOK EUR/NZD EUR/SEK EUR/TRY EUR/USD
GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD
NZD/CAD NZD/CHF NZD/JPY NZD/USD TRY/JPY USD/CAD
USD/CHF USD/CNH USD/JPY USD/MXN USD/NOK USD/SEK
USD/TRY USD/ZAR ZAR/JPY

Symbol Guide

Symbol Country Currency
AUD
flag Australia
Australian Dollar
CAD
flag Canada
Canadian Dollar
CHF
flag Switzerland
Swiss Franc
CNH
flag China
Chinese Yuan (offshore)
EUR
flag Eurozone
Euro
GBP
flag Great Britain
British Pound
MXN
flag Mexico
Mexican Peso
Symbol Country Currency
JPY
flag Japan
Japanese Yen
NOK
flag Norway
Norwegian Krone
NZD
flag New Zealand
New Zealand Dollar
SEK
flag Sweden
Swedish Krona
TRY
flag Turkey
Turkish Lira
USD
flag United States
United States Dollar
ZAR
flag South Africa
South African Rand