It's a daily news event to hear or read about the rise or fall in one of the major currencies and how this will have a positive or negative effect on the economy.
$9 trillion is a figure the news agencies love to quote as the total that is traded in these markets every day of the week. It’s a number that can be difficult to comprehend and means little to us mere mortals and so let’s focus on how the FX markets can be traded with Core Spreads and why they attract 70% of the total volume of retail traders across the world.
Trading on currencies allows you to take a view about one currency versus another. It’s about backing your opinion that the US Dollar (USD) is wrongly valued against the British Pound (GBP), or that the US Dollar (USD) is too high against the Yen (JPY).
Core Spreads has over 30 currency pairs to trade on. These are all available on our trading platforms with low dealing costs that, unlike most of our competitors, don’t widen when the market volatility increases. Our low minimum trade size means that these markets are accessible to all of our clients, giving you the opportunity to place a trade on some of the markets that are sure to be making the daily news headlines.