Understanding Forex CFD Trading
Forex trading, or foreign exchange trading, is the process of buying and selling currencies in a global marketplace. Influenced by economic reports, geopolitical developments, and investor sentiment, this market stands as the largest and most liquid financial space in the world. Forex CFDs (Contracts for Difference) give traders the ability to speculate on currency price fluctuations, offering the potential for higher returns through margin trading. The forex market operates continuously, 24 hours a day, five days a week, allowing traders to participate across different time zones around the globe.
Why Trade Forex CFDs
Trade more than 45 currency pairs, including major, minor, and exotic options, with round-the-clock access, 5 days a week, across global time zones. Take advantage of leverage as high as 1:400 to manage larger trades with minimal capital, while utilizing cutting-edge analytical tools and real-time market data to sharpen your trading strategies. Enjoy zero commission on deposits and benefit from a transparent trading environment for a smooth and efficient trading experience.
Getting Started with Forex Trading
Trading forex with Savexa is straightforward and efficient. Begin by choosing from a diverse selection of FX pairs, including major, minor, and exotic currencies. Then, create your trading strategy, define your trade settings and execute your trades using our user-friendly platform. Fund your account with ease, free from hidden fees, and take advantage of our advanced analytical tools and real-time alerts to monitor and optimize your trades.
Forex Pairs Offered by Savexa
| Symbols | Description | Leverage (Up to) | |
| AUDCAD (Australian Dollar vs Canadian Dollar) | Trade the currency pair representing the economies of Australia and Canada. | 1:400 | |
| AUDCHF (Australian Dollar vs Swiss Franc) | Trade on the exchange rate between the Australian Dollar and the Swiss Franc. | 1:400 | |
| AUDJPY (Australian Dollar vs Japanese Yen) | Engage in trading the Australian Dollar against the Japanese Yen. | 1:400 | |
| AUDNZD (Australian Dollar vs New Zealand Dollar) | Trade the closely related currencies of Australia and New Zealand. | 1:400 | |
| AUDUSD (Australian Dollar vs US Dollar) | Participate in trading between the Australian Dollar and the US Dollar. | 1:400 | |
| CADCHF (Canadian Dollar vs Swiss Franc) | Trade the currency pair involving the Canadian Dollar and the Swiss Franc. | 1:400 | |
| CADJPY (Canadian Dollar vs Japanese Yen) | Trade on the value difference between the Canadian Dollar and the Japanese Yen. | 1:400 | |
| CHFJPY (Swiss Franc vs Japanese Yen) | Engage in trading between the Swiss Franc and the Japanese Yen. | 1:400 | |
| EURAUD (Euro vs Australian Dollar) | Trade the Euro against the Australian Dollar. | 1:400 | |
| EURCAD (Euro vs Canadian Dollar) | Participate in trading between the Euro and the Canadian Dollar. | 1:400 | |
| EURCHF (Euro vs Swiss Franc) | Trade on the exchange rate between the Euro and the Swiss Franc. | 1:400 | |
| EURGBP (Euro vs Great Britain Pound) | Trade the Euro against the British Pound. | 1:400 | |
| EURHUF (Euro vs Hungarian Forint) | Engage in trading between the Euro and the Hungarian Forint. | 1:400 | |
| EURJPY (Euro vs Japanese Yen) | Trade the Euro against the Japanese Yen. | 1:400 | |
| EURNOK (Euro vs Norwegian Kroner) | Participate in trading the Euro against the Norwegian Kroner. | 1:400 | |
| EURNZD (Euro vs New Zealand Dollar) | Trade on the exchange rate between the Euro and the New Zealand Dollar. | 1:400 | |
| EURPLN (Euro vs Polish Zloty) | Engage in trading between the Euro and the Polish Zloty. | 1:400 | |
| EURSEK (Euro vs Swedish Krona) | Trade the Euro against the Swedish Krona. | 1:400 | |
| EURTRY (Euro vs Turkish Lira) | Participate in trading the Euro against the Turkish Lira. | 1:400 | |
| EURUSD (Euro vs US Dollar) | Engage in trading the most popular currency pair, the Euro against the US Dollar. | 1:400 | |
| GBPAUD (Great Britain Pound vs Australian Dollar) | Trade the British Pound against the Australian Dollar. | 1:400 | |
| GBPCAD (Great Britain Pound vs Canadian Dollar) | Participate in trading between the British Pound and the Canadian Dollar. | 1:400 | |
| GBPCHF (Great Britain Pound vs Swiss Franc) | Trade on the currency pair of the British Pound and the Swiss Franc. | 1:400 | |
| GBPJPY (Great Britain Pound vs Japanese Yen) | Engage in trading the British Pound against the Japanese Yen. | 1:400 | |
| GBPNZD (Great Britain Pound vs New Zealand Dollar) | Trade the British Pound against the New Zealand Dollar. | 1:400 | |
| GBPUSD (Great Britain Pound vs US Dollar) | Participate in trading one of the most popular currency pairs, the British Pound against the US Dollar. | 1:400 | |
| NZDCAD (New Zealand Dollar vs Canadian Dollar) | Trade the New Zealand Dollar against the Canadian Dollar. | 1:400 | |
| NZDCHF (New Zealand Dollar vs Swiss Franc) | Trade on the currency movements of the New Zealand Dollar and the Swiss Franc. | 1:400 | |
| NZDJPY (New Zealand Dollar vs Japanese Yen) | Engage in trading between the New Zealand Dollar and the Japanese Yen. | 1:400 | |
| NZDUSD (New Zealand Dollar vs US Dollar) | Trade the New Zealand Dollar against the US Dollar. | 1:400 | |
| SGDJPY (Singapore Dollar vs Japanese Yen) | Participate in trading the Singapore Dollar against the Japanese Yen. | 1:400 | |
| USDCAD (US Dollar vs Canadian Dollar) | Engage in trading between the US Dollar and the Canadian Dollar. | 1:400 | |
| USDCHF (US Dollar vs Swiss Franc) | Trade on the currency pair of the US Dollar and the Swiss Franc. | 1:400 | |
| USDCNH (US Dollar vs Chinese Yuan Renminbi) | Trade the US Dollar against the Chinese Yuan Renminbi. | 1:400 | |
| USDDKK (US Dollar vs Danish Krone) | Participate in trading the US Dollar against the Danish Krone. | 1:400 | |
| USDHKD (US Dollar vs Hong Kong Dollar) | Engage in trading between the US Dollar and the Hong Kong Dollar. | 1:400 | |
| USDHUF (US Dollar vs Hungarian Forint) | Trade the US Dollar against the Hungarian Forint. | 1:400 | |
| USDJPY (US Dollar vs Japanese Yen) | Trade on the currency movements between the US Dollar and the Japanese Yen. | 1:400 | |
| USDMXN (US Dollar vs Mexican Peso) | Participate in trading the US Dollar against the Mexican Peso. | 1:400 | |
| USDNOK (US Dollar vs Norwegian Kroner) | Trade the US Dollar against the Norwegian Kroner. | 1:400 | |
| USDPLN (US Dollar vs Polish Zloty) | Engage in trading between the US Dollar and the Polish Zloty. | 1:400 | |
| USDRUB (US Dollar vs Russian Rouble) | Trade on the exchange rate between the US Dollar and the Russian Rouble. | 1:400 | |
| USDSEK (US Dollar vs Swedish Krona) | Trade the US Dollar against the Swedish Krona. | 1:400 | |
| USDSGD (US Dollar vs Singapore Dollar) | Participate in trading between the US Dollar and the Singapore Dollar. | 1:400 | |
| USDTRY (US Dollar vs Turkish Lira) | Engage in trading the US Dollar against the Turkish Lira. | 1:400 | |
| USDZAR (US Dollar vs South African Rand) | Trade the US dollar against the South African Rand. | 1:400 | |
| ZARJPY (South African Rand vs Japanese Yen) | Trade on the currency pair of the South African Rand and the Japanese Yen. | 1:400 |
Learn CFD Forex Trading
Education plays a crucial role in forex trading, and Savexa provides an Education Center to help you navigate the currency markets with confidence. Enhance your understanding to make smarter decisions, manage risk effectively, and safeguard your investments. Explore diverse trading strategies that align with your financial objectives, and learn how to analyze market trends to spot profitable trading opportunities.
Your Trading Journey Begins Here
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