Forex CFDs
DNA Markets’ Forex offering is highly competitive, at a global scale. Access the vast and liquid Forex market with DNA Markets, where Raw spreads start from as low as 0.0 pips.
Operating 24/5, the foreign exchange (forex) market is the world's largest and most liquid financial market, with daily trading volumes exceeding $4 trillion. This surpasses the trading volume of any exchange-based market.
In forex trading, traders engage in buying and selling currency pairs, speculating on the rise or fall of one currency against another. An example of a currency pair is the Euro and the US Dollar (EUR/USD); where the value of one is measured against the other.
Forex
Facts
- Over 50+ currency pairs
- Tight spreads from 0.0 pips
- Up to 1:30 leverage
- Deep liquidity
- Trade 24/5
- Over 50+ currency pairs
- Tight spreads from 0.0 pips
- Up to 1:500 leverage
- Deep liquidity
- Trade 24/5
Forex Spreads
DNA Markets offers highly competitive spreads in the global Forex market, with notably tight levels for pairs like EUR/USD. This, coupled with low latency and high-performance hardware, makes it a suitable choice for active day traders and those using Expert Advisors.
How does Forex Trading work?
Forex trading with DNA Markets is akin to trading shares or futures, but with a key difference: you buy or sell one currency against another without taking delivery of the underlying currency. Forex trading stands out due to the ability to trade in small lot sizes, even as low as 1000 units (one micro lot).
Leverage enables traders to control a larger amount of currency than what's present in their trading account. For instance, with 1:30 leverage, a $1,000 deposit could control $30,000 worth of currency. While leverage can amplify gains, it can also increase losses if not managed wisely.