Trading involves high risks, please inquire prior to trading
PARTICIPATE IN TRILLION
DOLLAR MARKET
A market that never sleeps. Trade 60 FX (CFD)
pairs with top-notch trading conditions
Trade Forex with CFI
What is Forex
Over the past 20 years, Forex trading has taken over the world and was one of the main assets that began the online trading revolution. If you're an economics fan or simply enjoy being up to date with the latest monetary policy trends, employment figures, or inflation data, you will enjoy our Forex offering with Major, Minor, and Exotic currency pairs.
Benefits of trading Forex with CFI
Why Trade Forex with CFI?
Deep liquidity: Our powerful infrastructure, coupled with our hand-picked liquidity providers ensure:- Deep liquidity
- Ultra-low spreads
- Zero commissions
- Millisecond execution for all our traders
- 24/5 market: The Forex Market never sleeps and we make sure you have that access so you can trade at any hour of the day, except on the weekend.
- 24/5 market: The Forex Market never sleeps and we make sure you have that access so you can trade at any hour of the day, except on the weekend.
Why CFI?
Next-generation
Platforms
Ultra-competitive
trading conditions
No commissions
25+ years of
experience
Secured and Trusted
24/7 Online Support
Trade Forex Currency Pairs
Spreads
The Spread is the difference between the ‘bid price’ and the ‘offer price’. The bid price is where the investor can sell a position and the offer price is where the investor can buy a position. Given that markets are all about supply and demand, the more liquid and active a product is, the smaller the spread between the buying and selling price thus, making it a more competitive option for traders.
|
Instrument
|
Target Spreads*
Zero Commission Account |
Target Spreads*
Dynamic Trader Account |
|---|---|---|
|
EUR/USD
|
as low as 0.4
|
as low as 0.0
|
|
GBP/USD
|
as low as 0.4
|
as low as 0.0
|
|
USD/CHF
|
0.6
|
0.2
|
|
USD/JPY
|
as low as 0.4
|
as low as 0.0
|
|
AUD/USD
|
0.6
|
0.2
|
|
NZD/USD
|
0.6
|
0.2
|
|
USD/CAD
|
0.6
|
0.2
|
*The pricing is for indicative purposes only.
Competitive Swaps
Swaps, also known as rollovers, are interest rate amounts charged or earned for holding a buy or sell position overnight. The calculation takes into consideration the interest rate differential between two currencies (each currency has its own interest rate). Swaps are also applicable on Currencies and vary for several reasons, including overnight interest rates. Swap free accounts are also available.
Forex Frequently Asked Questions (FAQ)
Forex trading refers to the buying and selling of currencies against each other. It’s usually a decentralized network consisting of buyers and sellers of currency pairs. Forex trading is a popular hedging instrument for major companies around the world but the majority of trading done is purely speculative in nature and to potentially generate profits.
The base currency is the first currency in a pair. The second currency is referred to as the quote currency. The setup tells you how much a unit of the base currency is worth in terms of the quote currency. For example, a rate of 1.5000 on the GBPUSD indicates that 1 GBP is worth 1.5000 USD
With CFI, you can trade 59 of the most popular Forex pairs available. These include major pairs such as EUR/USD and GBP/USD, as well as minor pairs such as EUR/CHF and CAD/JPY, and Exotics such as DKK and NOK.
The smallest size available is 0.01 lots, corresponding to 1000 units of a currency pair. Such a size allows for powerful flexibility for those looking to scale into positions or trade with reduced risk.
The Forex market is vast and heavily influenced by many factors given its importance among people, companies, and governments. The main movers of the Forex market are Central Bank decisions and announcements, economic releases, and geopolitical situations.
Forex trading became a hit over the past 20 years given its vast size, the fact that it trades 24 hours a day, 5 days a week, and the leverage and flexibility available, allowing nearly anyone to be able to participate and speculate on it. In other words, it’s a market filled with opportunities and available to the masses.
While CFI offers a broad range of currency pairs, it does not offer ones that are not very liquid or accessible. Such pairs could lead to heavy slippage, especially if liquidity is unusually low while also behaving erratically during news or other factors that could affect that specific currency or country.
While there is no guarantee that you will make money in the markets, if you apply the proper approach to trading, you can make money, similar to any other profession or business ownership.
There is no best way to trade Forex or any market for that matter. Nonetheless, it is always important to have a strategy and clear risk parameters when trading. A strategy should include technical and fundamental analysis while risk management should focus on position sizing as well as losses, and targets
Open an account with CFI
Countless opportunities
Trade over 15,000+ different products.
Unrivaled infrastructure and technology
4 platforms, ultra-low spreads, and millisecond execution.
Trustworthiness is our middle name
With 25+ years of experience and multiple regulated entities around the world.
