Trading in the foreign exchange market is the simultaneous buying of one currency and selling another. This type of trading is the most popular and allows earning a good profit.
Different types of currency pairs are available for trading with Red Fin Stocks. These are major currency pairs (majors), cross pairs (crosses), and exotic currency pairs. Let’s consider each of them.
Majors are pairs containing the US dollar and one of the seven most popular currencies (EUR, JPY, GBP, CHF, CAD, AUD, NZD). Major pairs are the most widely traded ones. Moreover, they are the most liquid pairs.
Currency pairs that don’t contain the US dollar are called cross pairs. The most actively traded crosses are derived from the three major non-USD currencies: EUR, JPY, and GBP.
Exotic pairs are made up of one major currency paired with the one of an emerging economy, such as Brazil, Mexico or Hungary.
With Red Fin Stocks, you will be able to trade in more than 50 currency pairs and benefit from this. We provide the most comfortable conditions for your profitable trading:
- the widely acknowledged terminal – MetaTrader 4 Web;
- low spreads;
- leverage of up to 1:100;
- instant order execution;
- the best analytical and technical support;
- possibility of hedging.
If you decide to trade in currencies and have any related questions, feel free to contact our support service: [email protected].
It’s time to start earning in the world’s largest foreign exchange market, so click on the button below to register!