Trade Forex Currencies with IdeaFX
IdeaFX gives you access to the forex market 24 hours a day, 5 days a week, allowing you to trade over 35 currency pairs. With high leverage and low tight spreads with 5 decimal pricing, forex traders have more accurate pricing model for the best possible spreads.
The most known type of trading is currencies trading. This is the action of buying one currency and selling another. Forex currencies are always traded in pairs which are categorized in three types; Majors, Minors and Exotics.
Major currency pairs are the most common and volatile form which always include the US dollar as one half of the pair. Instances include the USD/CAD and the GBP/USD.
Even though the Exotics are not extensively traded as the Majors and Minors, still IdeaFX offers them for trading. Exotic pairs contain a major currency pair combined with the currency of an evolving economy market, for instance USD/NOK and the USD/ZAR.