Forex Trading

the symbols (abbreviations) for all currencies have three letters. The first two letters denote the name of the country and third letter stands for the name of that country’s currency. For example, the dollar is written in this way: United states : us Dollar :d Us + d =usd

We receive prices directly from liquidity providers such as global banks and make them available to our traders

The forex market is open 24 hours a day during weekdays but closes on weekends(Total 5 Days) . 

Each trade always involves two currencies, which are commonly referred to as a currency pair. A currency pair refers to the combination of two currencies in trades. In fact, in this market, you cannot trade a single currency; you must trade it relative to another currency. 

There are three categories of currency pairs: 1.The “majors“ 2.The “crosses“ 3.The “exotics“ The major currency pairs always include the U.S. dollar. As an example: EUR/USD Cross-currency pairs do NOT include the U.S. dollar. Crosses that involve any of the major currencies are also known as ” minors”. As an example: EUR-AUD Exotic currency pairs consist of one major currency and one currency from an emerging market (EM). As an example: USD/ZAR