Trading Product
Forex CFDs
Trade the world's most liquid market
Access 60+ major, minor and exotic currency pairs with raw institutional spreads from 0.0 pips and ultra-low-latency execution around the clock.
Why trade Forex CFDs with DXM
Raw spreads
From 0.0 pips on EUR/USD and other majors via deep ECN liquidity.
60+ pairs
Majors, minors and exotics across every trading session.
Leverage up to 1:500
Flexible leverage to suit retail and professional traders.
24/5 markets
Trade Sunday 22:00 GMT through Friday 22:00 GMT non-stop.
What is Forex Trading?
The currency market, also known as Forex or the foreign exchange market, is a global marketplace where currencies are traded. In fact, it determines the exchange rate of currencies across the world. Participants in the currency market can buy, sell, exchange or speculate on currency pairs like EUR/USD and GBP/USD — ultimately positioning toward what they believe will be most profitable.
Trading volume
In terms of trading volume, the foreign exchange market is by far the largest financial market in the world, with more than $5 trillion traded daily. Trade CFDs across many currency pairs and benefit from tight spreads, fast order execution, deeper volume and superior liquidity. EUR/USD, USD/JPY and GBP/USD are the most popular and most liquid major pairs.
Currency pairs
Currencies are always traded in pairs, so the value of each currency is interrelated with the value of the other. The main function of the foreign exchange market is to establish that relationship between what one country's currency can buy of another — creating a contract between 'buyer' and 'seller' that settles the difference in price at execution.
Forex market hours
Forex market hours are flexible and allow traders to trade currencies 24 hours a day, five days a week, with the exception of weekends. By taking advantage of this unique feature, when one market closes another remains open, increasing the liquidity available across the markets.
Trading flexibility
With fewer rules, the flexibility to operate at any time of day, and the ability to enter and exit positions when you choose, trade with us and gain access to exclusive forex news, live exchange rates and technical analysis delivered by our expert strategy team.
Ready to gain your trading edge?
Open an account in minutes. Trade global markets with institutional pricing.