Forex CFD trading

CFDs on 45+ currency pairs,

from major to exotic

Zero deposit

fees

Cross-device trading

with top analytics tools

24/5 access

To the Forex market

Open live account

CFDs on 45+ currency pairs,

from major to exotic

Zero deposit

fees

Cross-device trading

with top analytics tools

24/5 access

To the Forex market

Travel the mesmerizing world of Forex CFD trading

Expand your trading map with uncharted Forex territories of the largest and the most volatile trading market in the world. Empower your trading engine with advanced Forex trading tools and take off.

Numerous international traders venture into the Forex CFD market to diversify their portfolios, hedge against interest rate risk, and potentially profit from game-changing geopolitical and economic events.

Trade CFDs on Forex

Travel the mesmerizing world of Forex CFD trading

Move to new frontiers from Forex basics

Make your first steps on your Forex CFD road knowing that Forex is a portmanteau of ‘foreign currency’ and ‘exchange’. Forex trading is the process of changing one currency into another currency for commerce, trading, or tourism. Currencies are traded against each other as exchange rate pairs and marked by three-letter codes – for example, the NZD/AUD, NZD/GBP, NZD/JPY, NZD/CNY, and the NZD/USD (the “Kiwi”). For instance, trading FX pair NZD/JPY means trading New Zealand dollar versus Japanese yen.

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Move to new frontiers from Forex basics

Embrace the diversity of the motley currency world

Currency pairs are categorized according to the volume traded daily and range from major pairs to minor to exotic ones. The majors trade the most volume against the U.S. dollar; they are the EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, and USD/CAD pairs. The minors are not associated with the U.S. dollar, have slightly wider spreads, and are not as liquid as the majors (e.g., EUR/CHF). Exotic currencies pairs include currencies of emerging markets. These pairs are not as liquid, and the spreads are much wider (e.g., EGP/SGD). Traders may opt to diversify their portfolios with exotic currency pairs notable for high volatility and low liquidity.

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Embrace the diversity of the motley currency world

Forex CFDs available on MGFTrading

Map your trading route from point A to point Z

According to a report from the Bank for International Settlements, the daily average Forex trading volume is more than $5.1 trillion. This huge market is very often in the public limelight; numerous market gurus immediately comment its news and updates. To some traders, it might seem easier to enter Forex or stock markets, but it is recommended to bear in mind that past performance is no guarantee of future results.

The foreign exchange market is unique because of its vast trading volume, geographical dispersion, and continuous operation. Investors who want to enter this highly enticing market can choose to trade Contracts for Difference. CFDs are alternative trading tools that allow for speculating on the rising or falling price of Forex pairs without buying/selling the currency per se and entails potential capitalization on both a bullish and a bearish market.

MGFTrading is a popular financial service provider and strives to equip its traders with the best tools and technologies. MGFTrading can be your companion for your trading journey offering handy educational materials, analytical tools, trading signals, news, and reports, to name but a few. Start an exciting Forex CFD trading journey with all the necessary equipment you truly deserve!

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