Foreign exchange transactions
Foreign Exchange (Foreign Exchange) is the abbreviation of international exchange, refers to foreign currency or means of payment and assets that can be used for international settlement in foreign currency, mainly including credit notes, marketable securities, payment vouchers and foreign currency cash, etc. The foreign exchange market, also known as the "Forex" or "FX" market, is the largest financial market in the world. According to statistics from the Bank for International Settlements (BIS), the daily flow of more than 5.3 trillion US dollars-equivalent to all securities market transactions in the United States 3 times the sum. Compared with other markets, the foreign exchange market is highly liquid and can be traded continuously for 24 hours from Monday to Friday. It is favored by banks, companies, financial institutions and retail investors.
Forex CFD product details
The following table lists the spreads, margins and trading hours of some of the most popular foreign exchange currency pairs on our "new generation" CFD trading platform.