|Instrument||Typical Spread (in pips)||Value of 1 lot||Leverage (up to)||Minimum trade||Trading hours (CET)|
|EURRON||250||100000||1:100||0.01||08:00 - 19:00|
|USDBRL||320||100000||1:100||0.01||14:05 - 20:00|
|USDCLP||240||100000||1:100||0.01||14:00 - 18:45|
|USDRON||250||100000||1:100||0.01||08:00 - 19:00|
How to trade forex?
Trading Forex CFDs with Tradematics is very easy. After you have succesfully opened account and your uploaded documents have been aproved you can start trading. Next step is downloading the trading platform on your device and signing in with your credentials. Now all you have to do is to choose a forex pair or commodity CFDs you want to trade.
What is Forex?
Forex trading is the means through which one currency is changed into another. When trading forex, you are always trading a currency pair – selling one currency while simultaneously buying another.
What are advantages of trading Forex?
Foreign exchange (forex, or FX for short) is the marketplace for trading all the world's currencies and is the largest financial market in the world. There are many benefits of trading forex, which include convenient market hours, high liquidity and the ability to trade on margin.
What are the Major currency pairs?
The definition of ‘major currency pairs will differ among traders, but most will include the four most popular pairs to trade - EUR/USD, USD/JPY, GBP/USD and USD/CHF. The EUR/USD (Euro/US Dollar) nicknamed ‘Fiber’ is the world’s most traded currency pair commanding 25% of FX transactions in 2020.
What are Commodity currencies?
Commodity currencies like the Aussie (AUD/USD), Loonie (USD/CAD) and Kiwi (NZD/USD) are forex pairs that are greatly influenced by commodity prices.
What affects the rates of Major currency pairs?
The main fundamentals that affect currency pairs are changes in overnight interest rates by central banks, economic data and politics.