financial instruments

foreign exchange

What is foreign exchange trading?

The foreign exchange market is the largest financial market in the world, with a daily trading volume of more than US $5 trillion.

Among the major currency pairs in the foreign exchange market, the most popular are euro / dollar, dollar / yen and pound / dollar.

Contract for difference (CFD) is a widely used trading method in the foreign exchange market. It is a contract agreement between the buyer and the seller about the change of asset price, which stipulates that the seller will pay the buyer the difference between the current price of an asset and the price on the execution day of the contract.

The foreign exchange market is open 24 hours a day, five days a week. Therefore, investors can choose any time in a trading day for foreign exchange trading, which provides great flexibility for investors.

Major currency pairs in foreign exchange market

The main currency pairs are the most liquid and widely traded in the foreign exchange market. These currency pairs and their combinations (euro / yen, pound / yen and euro / pound) account for the vast majority of transactions in the foreign exchange market. As these currency pairs attract a large number of buyers and sellers, their bid ask spread is generally the smallest.

Trading currency pairs

Australian dollar/Canadian dollars Australian dollar/Swiss Franc Australian dollar/Japanese Yen Australian dollar/New Zealand Dollar Australian dollar/dollar Canadian dollars/Swiss Franc
Canadian dollars/Japanese Yen Swiss Franc/Japanese Yen euro/Australian dollar euro/Canadian dollars euro/Swiss Franc euro/pound
euro/Japanese Yen euro/Norwegian Krone euro/New Zealand Dollar euro/Swedish krona euro/Turkish Lira euro/dollar
pound/Australian dollar pound/Canadian dollars pound/Swiss Franc pound/Japanese Yen pound/New Zealand Dollar pound/dollar
New Zealand Dollar/Canadian dollars New Zealand Dollar/Swiss Franc New Zealand Dollar/Japanese Yen New Zealand Dollar/dollar Turkish Lira/Japanese Yen dollar/Canadian dollars
dollar/Swiss Franc dollar/Offshore RMB dollar/Japanese Yen dollar/Mexican Peso dollar/Norwegian Krone dollar/Swedish krona
dollar/Turkish Lira dollar/South African rand South African rand/Japanese Yen

Currency symbol table

Currency symbol country Name of currency
flag Australia
Australian dollar
flag Canada
Canadian dollars
flag Switzerland
Swiss Franc
flag China
Offshore people
flag Great Britain
flag Mexico
Mexican Peso
Currency symbol country Name of currency
flag Japan
Japanese Yen
flag Norway
Norwegian Krone
flag New Zealand
New Zealand Dollar
flag Sweden
Swedish krona
flag turkey
Turkish Lira
flag U.S.A
flag South Africa
South African rand