40+
Currency pairs
500:1
Max leverage
0.0 pips
From on majors (Pro)
The World's Largest Financial Market
The foreign exchange market trades over $7 trillion in notional value every single day, making it the most liquid financial market in the world by a significant margin. Unlike equities markets, forex operates 24 hours a day, five days a week — from the Sydney open on Sunday evening through to the New York close on Friday.
Currency pairs are quoted as the price of one currency in terms of another. EUR/USD at 1.0850 means one euro buys 1.0850 US dollars. The first currency is the base currency; the second is the quote currency. When you buy EUR/USD, you are simultaneously buying euros and selling US dollars.
Forex price movements are driven by interest rate differentials, inflation data, central bank policy decisions, trade balances, geopolitical events, and overall market risk sentiment. No other market is as responsive to global economic developments — which makes it both challenging and rich with opportunities.
Major, Minor & Exotic Pairs
Trade the most popular pairs and explore emerging market currencies.
Tight Spreads, Fast Execution
Competitive spreads from 0.8 pips on EUR/USD. Orders executed in milliseconds.
Long & Short
Profit from both rising and falling markets by going long or short on any pair.
Professional Charts
Full TradingView chart suite with 100+ technical indicators built in.
Popular Forex Pairs
| Pair | Description | Typical Spread | Max Leverage |
|---|---|---|---|
| EUR/USD | Euro / US Dollar | 0.8 pips | 500:1 |
| GBP/USD | British Pound / US Dollar | 1.0 pips | 500:1 |
| USD/JPY | US Dollar / Japanese Yen | 0.9 pips | 500:1 |
| USD/CHF | US Dollar / Swiss Franc | 1.1 pips | 500:1 |
| AUD/USD | Australian Dollar / US Dollar | 1.0 pips | 500:1 |
| USD/CAD | US Dollar / Canadian Dollar | 1.2 pips | 500:1 |
| NZD/USD | New Zealand Dollar / US Dollar | 1.4 pips | 500:1 |
| EUR/GBP | Euro / British Pound | 1.0 pips | 500:1 |
Spreads are indicative and may vary during low-liquidity periods. See full pair list on the trading platform.
Global Forex Trading Sessions
The forex market is a decentralised global network — it is never closed to all participants simultaneously. Instead, trading activity flows around the globe as financial centres open and close throughout each 24-hour period. Understanding session timings is essential for finding liquidity and volatility.
Sydney
Opens: 22:00 UTC (Sun)
Closes: 07:00 UTC
The first major session to open each week. Activity is lower than during European or American hours. Australian dollar and New Zealand dollar pairs see the most movement here. Pairs involving AUD, NZD, and JPY are most active.
Tokyo / Asia
Opens: 00:00 UTC
Closes: 09:00 UTC
The Asian session includes Tokyo, Shanghai, Singapore, and Hong Kong. Yen pairs (USD/JPY, EUR/JPY, GBP/JPY) are most active. Ranges tend to be smaller than during European/American hours unless there is significant news from the Bank of Japan.
London
Opens: 08:00 UTC
Closes: 17:00 UTC
The London session is the largest and most liquid in the world, accounting for roughly 35–40% of total daily forex volume. The most active pairs are EUR/USD, GBP/USD, USD/CHF, and USD/JPY. Major price moves and trend initiations often begin during London hours.
New York
Opens: 13:00 UTC
Closes: 22:00 UTC
The New York session overlaps with London from 13:00–17:00 UTC — this four-hour window is the highest-volume period of the entire trading day. Most major US economic data releases occur at 13:30–15:00 UTC. USD-denominated pairs move significantly during this window.
The London–New York overlap (13:00–17:00 UTC) produces the highest volume and tightest spreads of any period in the forex week. Most major trends begin or accelerate during this window. If you can only trade for a few hours per day, focus on this overlap.
Key Economic Events for Forex Traders
Forex markets react sharply to scheduled economic data releases and central bank decisions. Knowing which events matter — and when they are released — is essential for managing risk around news and for identifying trading opportunities.
work Non-Farm Payrolls (NFP)
Released the first Friday of every month at 13:30 UTC. This US employment report measures job creation outside of the farming sector. It is consistently the single most-watched piece of economic data in forex. Strong numbers tend to strengthen the dollar; weak numbers tend to weaken it. Spreads widen significantly in the minutes around NFP release — factor this into your risk calculations if trading around it.
price_change Consumer Price Index (CPI)
The CPI measures inflation by tracking changes in the price of a basket of consumer goods and services. Central banks use CPI data as a primary input when making interest rate decisions. Higher-than-expected CPI typically causes currency strength (implying rate hikes to control inflation). Lower-than-expected CPI typically causes weakness. Released monthly for all major economies.
account_balance Central Bank Decisions (FOMC, ECB, BoE)
Interest rate decisions by major central banks are among the highest-impact events in forex. The US Federal Open Market Committee (FOMC), European Central Bank (ECB), Bank of England (BoE), and others meet on scheduled dates throughout the year. The decision itself, the accompanying statement, and the subsequent press conference all create significant price movement — often in multiple directions within minutes.
trending_up GDP and Retail Sales
Gross Domestic Product reports measure the total economic output of a country. Strong GDP growth typically supports currency strength; contraction (recession) causes weakness. Retail sales data provides a more frequent measure of consumer activity, which drives economic health. Significant surprises in either direction cause immediate currency moves.
Common Forex Trading Strategies
Successful forex traders operate with defined, repeatable strategies rather than making decisions on gut instinct. The strategy you use should match your available time, temperament, and risk tolerance.
Scalping
Opening and closing multiple small trades throughout the day, targeting 2–10 pips per trade. Requires constant screen time, a tight-spread account, and fast execution. Very high time commitment — suitable for traders who can dedicate full sessions to the screen.
Day Trading
Opening and closing all positions within the same trading session, avoiding overnight swap fees. Trades typically last between 30 minutes and several hours. Suitable for traders who can monitor markets during a specific session window, particularly the London or New York sessions.
Swing Trading
Holding trades for days to weeks to capture larger multi-day price swings. Requires less screen time than day trading. Positions are sized to accommodate wider stop losses. Analysis is done on 4-hour and daily charts. Swap fees apply for overnight positions — factor these into your cost of carry.
Carry Trade
Borrowing a low-interest-rate currency (like JPY or CHF) to buy a high-interest-rate currency (like AUD or NZD). The profit comes from the interest rate differential credited each day via swap payments. Popular in stable market conditions; carry trades can unwind rapidly during risk-off events.
Trend Following
Identifying a strong directional trend on the daily chart and entering trades in the direction of that trend on lower timeframes. Uses moving averages, trend lines, and higher highs/higher lows structure to confirm direction. One of the most statistically validated approaches in forex.
News Trading
Trading directly on economic data releases, looking for large impulsive moves immediately after publication. High risk due to spread widening and slippage around release times. Best approached with strict stop losses and small position sizes. More suited to experienced traders with fast execution.