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|BxZero Account||BxStandard Account|
|FX PAIR||DESCRIPTION||MIN SPREAD||AVG SPREAD||MIN SPREAD||AVG SPREAD||LEVERAGE|
|AUDCAD||Australian Dollar vs Canadian Dollar||0.3||0.8||1.3||1.8||1:500|
|AUDCHF||Australian Dollar vs Swiss Franc||0.2||0.8||1.2||1.8||1:500|
|AUDJPY||Australian Dollar vs Japanese Yen||0||0.4||1||1.4||1:500|
|AUDNZD||Australian Dollar vs New Zealand Dollar||0.2||0.8||1.2||1.8||1:500|
|AUDUSD||Australian Dollar vs United States Dollar||0||0.2||1||1.2||1:500|
|CADCHF||Canadian Dollar vs Swiss Franc||0.3||1||1.3||2||1:500|
|CADJPY||Canadian Dollar vs Japanese Yen||0||0.6||1||1.6||1:500|
|CHFJPY||Swiss Franc vs Japanese Yen||0||0.8||1||1.8||1:500|
|EURAUD||Euro vs Australian Dollar||0||0.5||1||1.5||1:500|
|EURCAD||Euro vs Canadian Dollar||0||1.1||1||2.1||1:500|
|EURCHF||Euro vs Swiss Franc||0||0.5||1||1.5||1:500|
|EURCZK||Euro vs Czech Republic Koruna||10||54.2||11||55.2||1:200|
|EURHUF||Euro vs Hungarian Forint||1.8||14.8||2.8||15.8||1:200|
|EURGBP||Euro vs British Pound||0||0.4||1||1.4||1:500|
|EURJPY||Euro vs Japanese Yen||0||0.3||1||1.3||1:500|
|EURNOK||Euro vs Norwegian Kroner||6||19.3||7||20.3||1:200|
|EURNZD||Euro vs New Zealand Dollar||0.4||1.3||1.4||2.3||1:500|
|EURPLN||Euro vs Polish Zloty||2||9.7||3||10.7||1:200|
|EURSEK||Euro vs Swedish Krona||6||23.5||7||24.5||1:200|
|EURTRY||Euro vs Turkish Lira||2||22.2||3||23.2||1:200|
|EURUSD||Euro vs United States Dollar||0||0.1||1||1.1||1:500|
|GBPAUD||British Pound vs Australian Dollar||0.8||1.8||1.8||2.8||1:500|
|GPBCAD||British Pound vs Canadian Dollar||0.6||1.5||1.6||2.5||1:500|
|GPBCHF||British Pound vs Swiss Franc||0.8||1.6||1.8||2.6||1:500|
|GPBJPY||British Pound vs Japanese Yen||0.4||0.8||1.4||1.8||1:500|
|GBPNZD||Pound vs New Zealand Dollar||1.2||2.6||2.2||3.6||1:500|
|GBPUSD||British Pound vs Singapore Dollar||0||0.4||1||1.4||1:500|
|NZDCAD||New Zealand Dollar vs Canadian Dollar||1||1.3||2||2.3||1:500|
|NZDCHF||New Zealand Dollar vs Swiss Franc||0.5||1.1||1.5||2.1||1:500|
|NZDJPY||New Zealand Dollar vs Japanese Yen||0.3||0.7||1.3||1.7||1:500|
|NZDUSD||New Zealand Dollar vs United States Dollar||0.1||0.4||1.1||1.4||1:500|
|SGDJPY||Singapore Dollar vs Japanese Yen||6||6.3||7||7.3||1:200|
|USDCAD||United States Dollar vs Canadian Dollar||0||0.2||1||1.2||1:500|
|USDCHF||United States Dollar vs Swiss Franc||0||0.4||1||1.4||1:500|
|USDCNH||US Dollar vs Chinese||6.4||8.8||7.4||9.8||1:200|
|USDCZK||United States Dollar vs Swedish Krona||3||36.6||4||37.6||1:200|
|USDDKK||US Dollar vs Danish Krone||4.8||16.2||5.2||17.2||1:200|
|USDHKD||US Dollar vs Hong Kong Dollar||5.8||6.8||6.8||7.8||1:200|
|USDHUF||US Dollar vs Hungarian Forint||5.8||6.8||6.8||7.8||1:200|
|USDJPY||United States Dollar vs Japanese Yen||0||0.2||1||1.2||1:500|
|USDMXN||United States Dollar vs Mexican Peso||5||19.9||6||20.9||1:200|
|USDNOK||United States Dollar vs Norwegian Kroner||1.5||11.8||2.5||12.8||1:200|
|USDPLN||United States Dollar vs Polish Zloty||6||11.8||7||12.8||1:200|
|USDSEK||United States Dollar vs Swedish Krona||6||19.5||7||20.5||1:200|
|USDSGD||US Dollar vs Singapore Dollar||0.5||1.2||1.5||2.2||1:200|
|USDTRY||United States Dollar vs Turkish Lira||0||19.5||1||20.5||1:200|
|USDZAR||United States Dollar vs South African Rand||10||30.3||11||31.3||1:200|
Forex trading, short of foreign exchange, is the selling and buying of currencies. Each currency in a pair is represented by a three-letter code. They’re normally formed by two letters that signify the region and the last letter that signifies the name of the currency. For example, AUD stands for the Australian dollar.
› Major pairs – those that are the most frequently traded around the world.
› Minor pairs – those less frequently traded, it does not include the US dollar.
› Cross pairs – those less frequently traded, again do not include the US dollar.
› Exotics – those that are a major currency against one from an emerging economy.
Learn more about CFD trading and the advantages
The trading takes place in an over-the-counter (OTC) market and run by networks of banks and brokers, which means that there is no centralized exchange. As there is no centralized location or exchange like for example the New York Stock Exchange (NYSE), it’s possible for you to trade 24 hours a day, 5 days a week.
It’s common for there to be no actual or physical delivery of the currency in retail trading as you trade derivatives of the exchange rate. This makes it easy for almost anyone to participate in forex trading and profit on correctly predicted price movements.
The first currency listed in a forex pair is called the base currency, and the second currency is called the quote currency. The price of a forex pair is how much one unit of the base currency is worth in the quote currency. So if EUR/USD is trading at 1.10041, then one euro is worth 1.10041 dollars.
Ultimately this means if the euro rises against the dollar, then a single euro will be worth more dollars and the pair’s price will increase. If it drops, the pair’s price will decrease.
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