The Forex market is the world’s largest market, with a trading volume of over $1.5 trillion a day. Forex trading means pairing one currency against another, predicting which one will rise or fall.
Tight raw spreads from 0.0 pips
60+ currency pairs
Leverage up to 500:1
MT4 & MT5 platforms on desktop and mobile
Trade 24 hours a day, 5 days a week
No requotes and no hidden charges
The largest market in the world
Forex trading is also known as FX Trading or Currency Trading. It refers to the central marketplace where traders exchange currencies for one another at floating rates.
The foreign exchange market consists of multiple markets, including Spot FX, Future derivatives, Forward Derivatives and CFD derivatives. The Forex market is one of the largest and most liquid financial markets in the world, with a turnover reported to exceed $5 trillion per day. Forex is open to trade 24 hours a day, 5 days a week.
The most common pairs to trade are called the ‘majors’. Examples would be the EUR/USD, GBP/USD and USD/CHF.
Learn to trade Forex
ZERO Markets Forex pairs are traded as CFDs (Contract for Difference). When trading forex, you select a pair of currencies and base your trading decision on which currency’s price you think will rise or fall. Forex is traded in currency pairs, for example EUR/USD. The first currency is called the ‘base currency’ and the second is the ‘quote currency’. Currencies are displayed showing how many units of the quote currency you can buy with one unit of the base currency. This is the exchange rate.
For example, EUR/USD 1.2344 shows us that 1 Euro = 1.2344 US Dollars.
When you’re ready to trade you will choose to go long or short. In the example above, going long means that you think that the value of the Euro will rise against the US Dollar. Going short means you think it will fall.
Metatrader 4 (MT4) & Metatrader 5 (MT5)
MT4 & MT5 are the favourite choice for Forex traders around the globe. ZERO Markets’ MT4 & MT5 are packed with extras to ensure you’re equipped with all the tools you need to make better informed trading decisions. Tight Raw Pricing, fast execution and superior charts are the building blocks for our MT4 & MT5 solutions.
Trade EUR/USD
Opening Price
$1.33623 × 2 lot = $267,246
Closing Price At $1.32129 × 2 lot = $264,258Gross Profit on Trade $267,246 – $264,258 = $2,988
Closing Price At $1.34529 × 2 lot = $269,058Gross Loss on Trade $267,246 – $269,058 = -$1,812
The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 2 standard lots (the
equivalent of €200,000) at 1.33623.
One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying
back 2 standard lots at 1.32129; if the Euro has increased against the US Dollar to 1.34523/1.34529, the trade loses $1,812.
Trade from 0.0 pips
| Standard account |
Super ZERO Account |
||||
|---|---|---|---|---|---|
| Symbol | PRODUCT DESCRIPTION | MIN | AVG | MIN | AVG |
| AUDCAD | Australian Dollar vs Canadian Dollar | 1.1 | 2.65 | 0.2 | 1.75 |
| AUDCHF | Australian Dollar vs Swiss Franc | 1.6 | 2.65 | 0.7 | 1.75 |
| AUDJPY | Australian Dollar vs Japanese Yen | 1.1 | 2.08 | 0.2 | 1.18 |
| AUDNZD | Australian Dollar vs New Zealand Dollar | 1.1 | 3.12 | 0.2 | 2.22 |
| AUDUSD | Australian Dollar vs Us Dollar | 1.1 | 1.66 | 0.0 | 0.2 |
| CADCHF | Canadian Dollar vs Swiss Franc | 1.5 | 2.72 | 0.6 | 1.82 |
| CADJPY | Canadian Dollar vs Japanese Yen | 1.2 | 2.24 | 0.3 | 1.34 |
| CHFJPY | Swiss Franc vs Japanese Yen | 1.1 | 2.75 | 0.2 | 1.85 |
| EURAUD | Euro vs Australian Dollar | 1.1 | 2.71 | 0.2 | 1.81 |
| EURCAD | Euro vs Canadian Dollar | 1.5 | 2.72 | 0.6 | 1.82 |
| EURCHF | Euro vs Swiss Franc | 1.3 | 2.31 | 0.4 | 1.41 |
| EURGBP | Euro vs Great Britain Pound | 1.1 | 1.67 | 0.1 | 0.3 |
| EURJPY | Euro vs Japanise Yen | 1.1 | 1.89 | 0.1 | 0.89 |
| EURNOK | Euro vs Norwegian Kroner | 5.2 | 47.61 | 4.3 | 46.71 |
| EURNZD | Euro vs New Zealand Dollar | 1.2 | 4.75 | 0.3 | 3.85 |
| EURPLN | Euro vs Polish Zloty | 1.7 | 22.65 | 0.8 | 21.75 |
| EURSEK | Euro vs Swedish Krona | 6.6 | 46.3 | 5.7 | 45.4 |
| EURSGD | Euro vs Singapore Dollar | 1.6 | 4.32 | 0.7 | 3.42 |
| EURTRY | Euro vs Turkish Lira | 1.6 | 18.45 | 0.7 | 17.55 |
| EURUSD | Euro vs Us Dollar | 1.0 | 1.2 | 0.0 | 0.1 |
| EURZAR | Euro vs South African Rand | 12.5 | 87.57 | 11.6 | 86.67 |
| GBPAUD | Great Britain Pound vs Australian Dollar | 1.6 | 3.93 | 0.7 | 3.03 |
| GBPCAD | Great Britain Pound vs Canadian Dollar | 1.1 | 3.94 | 0.2 | 3.04 |
| GBPCHF | Great Britain Pound vs Swiss Franc | 1.4 | 3.35 | 0.5 | 2.45 |
| GBPJPY | Great Britain Pound vs Japanese Yen | 1.1 | 2.47 | 0.2 | 1.57 |
| GBPNZD | Great Britain Pound vs New Zealand Dollar | 1.6 | 7.01 | 0.7 | 6.11 |
| GBPSEK | Great Britain Pound vs Swedish Krona | 8.1 | 62.82 | 7.2 | 61.92 |
| GBPSGD | Great Britain Pound vs Singapore Dollar | 1.2 | 6.49 | 0.3 | 5.59 |
| GBPUSD | Great Britain Pound vs Us Dollar | 1.1 | 1.85 | 0.2 | 0.95 |
| NZDCAD | New Zealand Dollar vs Canadian Dollar | 1.6 | 3.37 | 0.7 | 2.47 |
| NZDCHF | New Zealand Dollar vs Swiss Franc | 1.8 | 3.15 | 0.9 | 2.25 |
| NZDJPY | New Zealand Dollar vs Japanese Yen | 1.5 | 2.68 | 0.6 | 1.78 |
| NZDSGD | New Zealand Dollar vs Singapore Dollar | 1.6 | 4.92 | 0.7 | 4.02 |
| NZDUSD | New Zealand Dollar vs Us Dollar | 1.1 | 2.13 | 0.2 | 1.23 |
| USDCAD | Us Dollar vs Canadian Dollar | 1.1 | 2.07 | 0.2 | 1.17 |
| USDCHF | Us Dollar vs Swiss Franc | 1.1 | 2.22 | 0.2 | 1.32 |
| USDCNH | Us Dollar vs Chinese Yuan | 4 | 16.15 | 3.1 | 15.25 |
| USDHKD | Us Dollar vs Hong Kong Dollar | 1.9 | 10.94 | 1 | 10.04 |
| USDJPY | Us Dollar vs Japanese Yen | 1.0 | 1.2 | 0.0 | 0.2 |
| USDKRW | US Dollar vs South Korean won | 0.68 | 0.40 | ||
| USDNOK | Us Dollar vs Norwegian Krone | 5.2 | 34.52 | 4.3 | 33.62 |
| USDPLN | Us Dollar vs Polish Zloty | 3.9 | 21.2 | 3 | 20.3 |
| USDSEK | Us Dollar vs Swedish Krona | 5.2 | 27.87 | 4.3 | 26.97 |
| USDSGD | Us Dollar vs Singapore Dollar | 0.3 | 3.8 | 0.1 | 2.9 |
| USDTRY | Us Dollar vs Turkey Lira | 1.7 | 11.52 | 0.8 | 10.62 |
| USDZAR | Us Dollar vs South African Rand | 4.8 | 65.19 | 3.9 | 64.29 |
Start trading Forex today
Licensed & Trusted
Research & Education
Technical Analysis Tools
Transparent Pricing
One-stop Destination
24/5 Live Support
Forex Webinars
Trade On The Go
Same Day Account Opening
Our dedicated team of customer support agents are on hand 24/5 to provide you with multilingual support. Contact Us
Visit our comprehensive FAQ where you can find information about the services we offer and answers to your trading questions. Help Centre
