The most common form of trading is currency trading, otherwise known as forex trading. This is the act of buying one currency and selling another. Currencies are traded in pairs and these pairs fall under three categories; Majors, Minors and Exotics.
Major Currency Pairs
The Majors are the most popular and most liquid pairs and always have the US dollar as one half of the pair. Examples include the EUR/USD and the USD/JPY.
Minor Currency Pairs
The Minors are the pairs which do not include the US dollar, but contain the remaining major currencies; the EUR, JPY and GBP. The Minors have also been nicknamed 'Crosses'. Examples include the EUR/CHF and the EUR/GBP.
Exotic Currency Pairs
The Exotics are not as widely traded as the Majors and Minors; nonetheless, we offer them here at Forex Time (FXTM). These currency pairs are made up of a major currency pair coupled with the currency of a developing economy. Examples include the USD/HKD and the USD/NOK.
At Forex Time (FXTM) you can trade Major, Minor and Exotic currency pairs using any one of our state-of-the-art trading platforms. The Standard MT4 trading platform gives you a selection of 61 currency pairs to choose from while the ECN MT4 and ECN MT5 trading platforms give you a selection of 46.
Micro lots, mini lots and standard lots are available to choose from so depending on your experience and the kind of the trades you would like to make, you can choose the lot size that best suits you.
Traders are demanding higher leverage and we're here to meet those demands. With our floating leverage system, leverage is up to 1:1000. This means you can increase your buying power with one simple click.
Take advantage of tight spreads; at Forex Time (FXTM) spreads start from 0.5 on the Standard MT4 trading platform and from 0 on the ECN MT4 and ECN MT5 trading platforms.
You can trade whenever you want with Forex Time (FXTM), even if it's the middle of the night. Our trading services are available 24 hours a day, 5 days a week.