Forex Trading
Forex is the global market for trading currencies, where investors buy and sell currencies, driving international trade and investment.
Tight raw spreads from 0.0 pips
60+ currency pairs
24/5 trading
THE LARGEST MARKET IN THE WORLD
What is Forex trading?
Forex trading is also known as FX Trading or Currency Trading. It refers to the central marketplace where traders exchange currencies for one another at floating rates.The foreign exchange market consists of multiple markets, including Spot FX, Future derivatives, Forward Derivatives and CFD derivatives. The Forex market is one of the largest and most liquid financial markets in the world, with a turnover reported to exceed $5 trillion per day. Forex is open to trade 24 hours a day, 5 days a week.The most common pairs to trade are called the ‘majors’. Examples would be the EUR/USD, GBP/USD and USD/CHF.
FOREX SYMBOLS
Choose From 100+ Assets
TRADE FROM 0.0 PIPS
Typical Forex Spreads
Trade With a Provider Invested in Your Success
Open a ZERO Markets trading account today and join over a million others globally trading 2,000+ markets on an easy-to-use platform. Go long or short with competitive spreads on indices, shares, forex, gold, commodities, cryptocurrencies and more. Plus, get extended hours on major US shares, AI-powered tools and 24/5 client support. Learn more about trading CFDs with ZERO Markets.
ZERO MARKETS
Why Choose ZERO?
Many Symbols
With more than 1K symbols all-around, the ZERO portal is prepared to meet your trading needs.
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Our portal is certified fast and reliable. With all tools and features needed to all traders.
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The best support available 24/5 all around the globe.
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Powerful tools
Explore our many tools available to all traders.
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PLATFORMS
World-Class Platforms
Trade with Cutting-Edge Platforms and Resources
MetaTrader 4
One-click trading, 50+ pre-installed charts and technical indicators.
Explore MT4
Explore MT4
MetaTrader 5
Tight raw pricing, fast execution, and a wide range of charts.
Explore MT5
Explore MT5
WebTrader
The MT4/5 WebTrader is a preferred choice for a browser solution.
Explore WebTrader
Explore WebTrader
DISCOVER FOREX
How does it work?
SYMBOL
EURUSD
BID
1.23444
ASK
1.23445
SPREAD
0.1 pips
Contract for Difference(CFD)
Traded as CFDs (Contract for Difference). When trading forex, you select a pair of currencies and base your trading decision on which currency’s price you think will rise or fall.
Currency Pairs
Forex is traded in currency pairs, for example EUR/USD. The first currency is called the 'base currency' and the second is the 'quote currency'.
Example
You will choose to go long or short. In the example, going long means that you think that the value of the Euro will rise against the Dollar. Going short means you think it will fall.
PROFITING WITH FOREX
How can you make profit with Forex at ZERO Markets
Closing Price
$1.32129
2 lot
$264,258
Opening Price
$1.33623
2 lot
$267,246
Closing Price
$1.32129
2 lot
$264,258
Gross Profit
$267,246
$264,258
$2,988
Opening the Position
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the equivalent of €200,000) at 1.33623.
Closing the Position
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 2 standard lots at 1.32129; if the Euro has increased against the US Dollar to 1.34523/1.34529, the trade loses $1,812.
Forex for Hedging
Globalisation has been one of the biggest drivers in the increased volume being traded on the forex market. One example of this is large multinational corporations who need to buy or sell one currency for another as they are obtaining revenue in numerous different currencies.
Companies can employ hedging strategies to reduce any risk exposure they may have due to fluctuations in currency values. Fluctuations in the forex market can have an adverse impact on critical aspects including costs, revenue and ultimately profit margin. This can be achieved using forward or swap markets.
A currency swap involves the swapping of two currencies at the maturity of the contract. An exchange of interest and sometimes principal are involved with companies often using this method to access lower interest rates in the local currency compared to money borrowed from a financial institution such as a bank.
Forward contracts involve paying a premium (interest based on the differential in the price of the two currencies) to purchase an asset for a specified price at a future date. One of the benefits of forward contracts is that the size, length, or maturity term are customisable. Companies with future payments or receipts can benefit from this by protecting their budget and profit margins from fluctuations in the forex market.
Hedging is a concept that is becoming more prominent among individuals in fx trading. Traders are using the strategy of opening additional positions to balance or offset current positions that will successfully limit risk exposure. The advanced user friendly forex trading platform offered by Zero Markets makes this process seamless.
