Often referred to as Forex or currency trading or FX Trading in short, the forex market is the largest and most liquid market in the world with its daily value surpassing $5.3 trillion dollars, making the forex market 10 times larger than the stock market.
The forex exchange market is a global, decentralized marketplace where individual traders, financial institutions and companies exchange currencies amongst them at a floating rate.
Forex | Retail Leverage | Professional Leverage | Minimum Spread |
---|---|---|---|
EUR/USD | 1:30 | 1:200 | 0.6 |
GBP/USD | 1:30 | 1:200 | 1 |
USD/JPY | 1:30 | 1:200 | 0.6 |
AUD/USD | 1:30 | 1:200 | 0.6 |
EUR/GBP | 1:30 | 1:100 | 0.6 |
EUR/JPY | 1:30 | 1:100 | 1 |
USD/CAD | 1:30 | 1:200 | 1.1 |
USD/CHF | 1:30 | 1:100 | 0.9 |
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