The foreign exchange market, also known as the forex market, is a global decentralized or OTC (over the counter) market where currencies are traded. For example, an investor may want to exchange the euro (EUR) for the US dollar (USD). In the online trading world, forex traders aim to profit by buying and selling different global currencies based on their price fluctuations in the market.
At TradeMax, you can access numerous global currencies. This includes major currency pairs, such as the GBP/USD, EUR/USD and USD/JPY. We also offer minor currency pairs such as the EUR/GBP, GBP/JPY and EUR/JPY as well as a choice of exotic currency pairs including, the USD/ZAR, USD/TRY, USD/MXN and many more.
Why You Should Trade Forex with TradeMax:
- Wide choice of currency pairs
- Safe and intuitive trading platforms
- Selection of trading tools, such as price charts and analytics
- Secure and transparent
- Tight spreads
- Leverage up to 400:1