What is Forex?
Forex is a type of CFD. Forex is the abbreviation for ‘foreign exchange’. Forex trading involves the buying and selling of currencies. In a Forex trade, you are buying one currency and selling another currency at the same time or vice-versa. Similar to the buy/sell principle in the traditional markets, the decision to buy or sell in Forex rests on whether a trader believes the currency will weaken (fall) or strengthen (rise).
Contracts for difference (CFDs) offer you the benefits of trading in FX with no physical exchange (purchase or sale) of currencies.
The foreign exchange market (Forex, CFD FX, or currency market) is a global, financial market for trading currencies. It is the world’s largest financial market, with over $4 trillion traded daily.
As a Forex trader, you can choose a CFD currency pair that you expect to change in value and place a trade accordingly.
Click here for a full explanation about CFDs.
For the Key Information Document for CFDs in Forex please click here.
Type
Instrument
Margin FX spot
AUD/CAD
Margin FX spot
AUD/CHF
Margin FX spot
AUD/JPY
Margin FX spot
AUD/JPY
Margin FX spot
AUD/NZD
Margin FX spot
AUD/USD
Margin FX spot
CAD/CHF
Margin FX spot
CAD/JPY
Margin FX spot
CHF/JPY
Margin FX spot
EUR/AUD
Margin FX spot
EUR/CAD
Margin FX spot
EUR/CHF
Margin FX spot
EUR/GBP
Margin FX spot
EUR/JPY
Margin FX spot
EUR/NOK
Margin FX spot
EUR/NZD
Margin FX spot
EUR/PLN
Margin FX spot
EUR/RUB
Margin FX spot
EUR/USD
Margin FX spot
GBP/AUD
Margin FX spot
GBP/CAD
Margin FX spot
GBP/CHF
Margin FX spot
GBP/JPY
Margin FX spot
GBP/NZD
Margin FX spot
GBP/USD
Margin FX spot
NZD/CAD
Margin FX spot
NZD/CHF
Margin FX spot
NZD/JPY
Margin FX spot
NZD/USD
Margin FX spot
USD/CAD
Margin FX spot
USD/CHF
Margin FX spot
USD/JPY
Margin FX spot
USD/MXN
Margin FX spot
USD/NOK
Margin FX spot
USD/PLN
Margin FX spot
USD/RUB
Margin FX spot
USD/SGD
Margin FX spot
USD/ZAR