What is Forex?

Trade the world's largest financial market with $7.5 trillion daily volume. Access 60+ currency pairs with institutional spreads from 0.0 pips and leverage up to 1:2000.

Understanding Forex

Trading the World'sLargest Financial Market

Margin Forex trading involves a contract between two parties to exchange the difference in a currency pair's value from the time the trade is opened to when it's closed.

The Forex market operates continuously from Sunday evening to Friday evening, providing traders with global access to currency fluctuations and relevant news events. Boasting high liquidity, extensive price discovery capabilities, and 24/5 trading opportunities, Forex is considered one of the most transparent and accessible trading environments within the financial sector.

$7.5T
Daily Volume
01
24/5
Market Hours
02
60+
Currency Pairs
03

Key Advantages

Why Forex is the Fastest Growing Market

Discover why millions of traders choose Forex as their preferred market

24 Hour Market

Trade anytime, anywhere. The Forex market runs 24 hours a day, 5 days a week — starting Sunday evening in New Zealand and ending Friday night in New York.

Transparency

Deep liquidity and decentralized pricing make Forex markets less prone to manipulation, creating a fair and transparent environment for all participants.

Two-Way Trading

Go long or short with no restrictions. Position yourself to benefit from market movement in either direction, whether currencies are rising or falling.

Accessibility

Low barrier to entry with support for desktop, mobile, and web platforms. Start trading anytime, anywhere with minimal initial capital.

Leverage

Control larger positions with smaller deposits. For example, $1,000 with 1:100 leverage lets you trade up to $100,000 worth of currency.

Volatility

High daily volumes drive price movement and opportunity. Choose pairs that match your risk tolerance and style, from majors to exotics.

Deep Liquidity

The most liquid market in the world with over $7.5 trillion daily volume ensures fast order execution and easy access to capital.

Low Cost Trading

Lower transaction costs than other financial markets with tight spreads from 0.0 pips, making it cost-effective for active traders.

Flexible Sizing

Trade from micro lots (0.01) to large institutional volumes. Full control over risk and position sizing to match your strategy.

Risk Considerations

Forex trading carries risk. Leverage can amplify both gains and losses. Always trade with a clear strategy and risk management plan.

Review our Product Disclosure Statement for full details.

Simple Process

How Forex Trading Works

Four simple steps to start trading currency pairs

Choose Currency Pair

Select from majors, minors, or exotic pairs.

Analyze Direction

Decide if the base currency will strengthen or weaken.

Set Your Trade

Choose position size and apply leverage.

Manage Position

Monitor, adjust stops, and close for profit.

Trading Instruments

60+ Currency Pairs Available

From major pairs with tight spreads to exotic opportunities

Major Pairs

7 pairs available

Most traded currency pairs with highest liquidity and tightest spreads.

EUR/USD

Euro vs US Dollar

0.0

pips

GBP/USD

British Pound vs US Dollar

0.1

pips

USD/JPY

US Dollar vs Japanese Yen

0.1

pips

USD/CHF

US Dollar vs Swiss Franc

0.2

pips

AUD/USD

Australian Dollar vs US Dollar

0.1

pips

USD/CAD

US Dollar vs Canadian Dollar

0.2

pips

NZD/USD

New Zealand Dollar vs US Dollar

0.3

pips

Minor Pairs

6 pairs available

Cross-currency pairs that don't include the US Dollar.

EUR/GBP

Euro vs British Pound

0.3

pips

EUR/AUD

Euro vs Australian Dollar

0.5

pips

GBP/JPY

British Pound vs Japanese Yen

0.5

pips

CHF/JPY

Swiss Franc vs Japanese Yen

0.4

pips

AUD/CAD

Australian vs Canadian Dollar

0.5

pips

EUR/CAD

Euro vs Canadian Dollar

0.5

pips

Exotic Pairs

6 pairs available

Emerging market currencies with higher volatility and wider spreads.

USD/MXN

US Dollar vs Mexican Peso

1.5

pips

USD/ZAR

US Dollar vs South African Rand

2.0

pips

USD/SGD

US Dollar vs Singapore Dollar

0.8

pips

USD/HKD

US Dollar vs Hong Kong Dollar

0.5

pips

EUR/TRY

Euro vs Turkish Lira

3.0

pips

USD/THB

US Dollar vs Thai Baht

1.2

pips

7
Major Pairs
21
Minor Pairs
32+
Exotic Pairs
0.0
Min Spread
Start Trading Forex

Trade with spreads from 0.0 pips • No commission fees

Global Trading

24-Hour Trading Sessions

Trade around the clock as markets open across different time zones

Sydney

22:00 - 07:00 GMT

First major market to open

Volume:Low-Medium

Active Pairs

AUD/USDNZD/USDAUD/JPY

Tokyo

00:00 - 09:00 GMT

Asian session with JPY focus

Volume:Medium

Active Pairs

USD/JPYEUR/JPYAUD/JPY

London

08:00 - 17:00 GMT

Highest trading volume

Volume:Very High

Active Pairs

EUR/USDGBP/USDEUR/GBP

New York

13:00 - 22:00 GMT

Second highest volume

Volume:High

Active Pairs

EUR/USDUSD/CADUSD/CHF

Peak Trading Times

Session Overlap

London & Tokyo

08:00 - 09:00 GMT

Moderate volatility with EUR/JPY and GBP/JPY focus.

Session Overlap

London & New York

13:00 - 17:00 GMT

Highest volatility and liquidity - best trading opportunities

24-Hour Market Flow

Sydney
22:00 - 07:00
Tokyo
00:00 - 09:00
London
08:00 - 17:00
New York
13:00 - 22:00

*Times shown in GMT. Adjust for your local timezone.

Get Started

Start Trading in 3 Simple Steps

Join thousands of traders worldwide. Our streamlined onboarding process gets you from sign-up to your first trade in minutes, not hours.

Sign up for free

Enter your contact details and ID documents to start your trading account application. Quick verification process to get you trading fast.

Open Account

Deposit Money

Fund your trades securely with credit/debit cards and cryptocurrency. Instant deposits to start trading immediately.

How to Add Funds

Start Trading

Access powerful trading platforms with advanced charting and free analytical tools. Trade on MT5 or our web platform from any device.

Download MT5