The GoCapital123 company offers its clients access to the world’s largest financial market – Forex. Market participants trade the most liquid assets in the world – currency pairs. Currency trading is an ideal tool for instant earning. The range of exchange rates is much wider than changes in shares value. And reasons for price fluctuations arise every day.
What currency pairs can be traded in Forex?
Currency pairs are two currencies with exchange rates traded in the market. For instance, the EUR/USD pair shows how many US dollars can be bought for one euro. More than 50 currency pairs are available for trading in the Forex platform. You may choose any trading mechanism available in Forex depending on your market experience, trading style, and personal market preferences.
Novices usually prefer the most liquid currency pairs. The EUR/USD pair is a top favorite among traders. Statistically, more than 70% of the Forex deals are carried out through this trading tool. Usually, the fluctuation range of this pair doesn’t rise higher than 100 points per day. However, when the world witnesses some important political and economic changes, it can widen up to 300 points during a trading session.
Other highly liquid currency pairs are GBP/USD, USD/JPY, USD/CHF, GBP/JPY. Their daily fluctuation band is rather narrow. This allows minimizing downside risks and gives a chance to practice forecasting price modifications.
The more experienced is a trader, the more exotic currency pairs he uses.
This market segment is exposed to sharp price swings due to the low liquidity of such currency pairs. However, high price volatility allows earning a substantial profit. But the risk of losses is also much higher.
GoCapital123 provides you with the most convenient trading conditions not depending on the currency pairs you choose to trade. Low spreads, the absence of requites, and professional analytical support will provide you the highest return on your investment. We invite you to start earning your profit just now in the world’s largest financial market. And GoCapital123 will be your most reliable broker.