Forex daily trade volume

Author: aska Date: 23.06.2017

Foreign Exchange trading, also known as Forex or FX trading, has gained enormous popularity in recent years among layman individuals due to the growth of online brokers and the technological development of online trading platforms. When trading Forex, you are buying one currency by using another. Therefore, the FX trader is trading currency pairs and not each currency individually. Take for example the EURUSDwhen buying the pair — it means you are buying EUR using selling USD.

When selling the pair — it means you are buying USD using selling EUR.

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The pairing of the currencies is presented as a rate, which reflects the ratio between the values of the two currencies.

For instance, the rate for buying the pair GBPUSD is 1. The Forex pairs are divided into three main groups — majors, minors and exotic pairs. The main difference between the pairs is their liquidity which is a result of the trading volume of these pair.

AvaTrade offers a selection of trading platformsfor both automated and manual trading, with unique features and tools to optimize your trading experience. Whether you are interested to trade on your own, or copy the trades of others, our selection caters to all traders, where you are sure to find the forex daily trade volume for you.

At AvaTrade, traders can enjoy up to This means that a trader needs only 0. For example, if the EURUSD pair is traded at a buying price of 1. However, thanks to leveraged trading, the trader will need only 0. However, one should always have in mind that losses can be magnified as well.

forex daily trade volume

When a trader opens a position at AvaTrade, he is not charged any other commissions beside the spread. The spread is the difference between the buy and sell price which is counted in pips — the fourth digit after the dot. For example if the buy price of EURUSD is 1. The spread charged for a position opened by a trader is the spread multiplied by the size of the position.

AvaTrade offers spreads from as low as 0. Trading Bitcoin and other digital currencies is also available to AvaTrade's clients. AvaTrade delivers, top-notch online forex trading real estate law earnest money. Open your account now to enjoy yours, or try our risk-free demo account.

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forex daily trade volume

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