Forex trading involves speculating on the value of currencies.
It’s the world’s most traded, liquid market, with an average daily turnover of around $5.1 trillion.
Forex trading is a genuine 24-hour market. There is no central exchange, with prices agreed over-the-counter (OTC). At ETX you can trade on a wide choice of major, minor and exotic forex pairs.
What is Forex Trading?
Trading on forex involves the simultaneous purchase of one currency and selling of another with the aim to benefit from exchange rate fluctuations.
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What Currency Pairs can I Trade?
At ETX Capital you can trade on 60+ forex pairs, including EURUSD, GBPUSD, USDJPY, AUDUSD, EURJPY, USDNZD and many more.
How to Trade on Forex
Placing orders, setting stops and using charts – forex trading can be as simple or complex as you make it.
Forex Trading Tips & Strategies
From interest rates to PMIs, there is a lot that can affect exchange rates but developing a strategy can help.