Forex CFDs Trading

With forex CFDs, you may have a piece of the action.
To catch the swings of the world’s money markets, comprehend their dynamics, and catch the news that drives them, you’ll need to know what you’re looking for. 1Market is your one-stop shop for live charts and education. 

FAQs- Get Help

Forex, often known as foreign exchange, is a worldwide market where national currencies are swapped or traded. Participants in the Forex market wager on the relative value of certain currency pairings changing over time. 

While each broker has its own set of currency pairings, most, including INNO Trade, provide major pairs (EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, USDJPY, NZDJPY, GBPCAD), minor pairs (EURGBP, EURAUD, GBPJPY, CHFJPY, NZDJPY, GBPCAD), and exotic pairs (EURGBP, EURAUD, GBPJPY, CHFJPY, NZ (EURTRY, USDHKD, JPYNOK, NZDSGD, GBPZAR, AUDMXN, USDTRY, USDMXN). 

In most cases, brokers do not charge commissions for transactions executed on your account. They benefit from the spread — the difference between the Buy and Sell prices. Swaps may be levied if positions are left open overnight (rollover fees). 

Short or Sell positions benefit from a decrease in the current currency price, whilst Long or Buy positions profit from a gain in the current currency price. 

Sunday at 22:00 GMT, the Forex market begins, and Friday at 22:00 GMT, the market shuts (when the US market closes).