Speculation is the core principle of profiting from Forex - buy low, sell high. For example, EUR/USD 1.3000 means that 1 EUR costs 1.3 USD.īesides, there are less popular currency pairs that can also be used for speculative trades. These are the so-called majors - exchange rates of one currency against another. The most popular currency pairs for trading in Forex are Euro Dollar (EUR/USD), Pound Dollar (GBP/USD), Dollar Yen (USD/JPY), and Dollar Franc (USD/CHF). The following currencies are considered the most popular in Forex: USD (United States dollar), JPY (Japanese Yen), GBP (Pound sterling), EUR (Euro), CHF (Swiss franc), CAD (Canadian dollar), and AUD (Australian dollar). Forex trading is conducted via global information networks 24 hours a day. Every day, banks, funds and private investors buy and sell different currencies equivalent to trillions of dollars, and this figure is growing. Use all these features for success in your MT4 FX trading! The Foreign Exchange (Forex) MarketįX is a global currency trading market surpassing all other financial markets by its trading volume. MetaTrader 4 is a flexible trading system that offers advanced tools of technical analysis, Trading Signals, a Market of trading robots, mobile and algorithmic trading, and much more. Having impressive functionality, the platform is suitable for traders of all skill levels. MetaTrader 4 is the most popular trading platform for trading Forex financial instruments.
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