Forex
Firdex Forex offering is one of the most competitive in the world. Access the world’s largest and most liquid market with Raw spreads starting from 0.0 pips.
Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world with volumes of over $4 trillion a day surpassing any exchange based market.
Foreign exchange trading involves trading one currency pair against another, predicting that one currency will rise or fall against another. Currencies are traded in pairs, like the Euro versus the US Dollar (EUR/USD).
Forex
Facts
- Over 61 currency pairs
- Tight spreads from 0.0 pips
- Up to 1:500 leverage
- Deep Liquidity
- MetaTrader 4 and 5
- Trade 24 hours a day,
five days a week
Forex Spreads
Firdex offers Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0.1 pips. Tight spreads combined with our low latency enterprise grade hardware makes Firdex the ideal choice for active day traders and those using Expert Advisors. The table at the bottom of this page shows our minimum and average spreads across all of the major currency pairs.
How does Forex
Trading work?
Forex trading is similar to trading shares or futures except that when trading foreign exchange you are buying or selling one currency against another and you do not take delivery of the underlying currency. One of the key advantages Forex has over other financial instruments is that relatively small lot sizes can be traded – lot sizes can be as small as 1000 units (one micro lot). Typically, foreign exchange also involves leverage which in some cases can be as high as 1:500, which is very different to trading shares where no leverage is involved.