FX trading
In 1996, CMC Markets became the first company to pioneer the delivery of FX trading on the internet via our trading platform, Marketmaker. Since then we have expanded our product range and are now able to offer 60 currency pairs, including all of the most popular markets and a selection of emerging market currencies too.
Why trade foreign exchange?
FX trading is the simultaneous buying of one currency and selling of another. Currencies are quoted in pairs, such as Euro vs. US Dollar. When one currency increases in value, it strengthens against the other, decreasing its value.
FX trading is a popular choice for active traders as:
- FX is an over-the-counter (OTC) market which means trades do not take place through a centralised exchange. This means that FX trading can and does take place around the world 24 hours a day**.
- The FX market is more liquid than any other financial market which means that clients have access to size, tight dealing spreads and lower margin rates.
- FX markets can be very volatile creating plenty of opportunities to trade.
FX trading with CMC Markets:
- FX is commission free*; regardless of the size or frequency of the trade you place with CMC Markets.
- Margins on FX instruments are extremely competitive
- FX spreads with CMC Markets are amongst the tightest in the market.
*Remuneration is from the spread between bid and ask prices
**The Forex market operates over-the-counter from Sunday 4pm EST-Friday 5pm
