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Forex trading

  • Forex Trading (FX) gives you access to the world's largest and most liquid market.
  • Margin foreign exchange products are a subset of foreign exchange trading that allows you an opportunity to trade FX on a leveraged basis.
  • Instead of buying the whole face value of an FX contract, you pay only a small margin of the face value of the currency traded and have the benefit/cost of fluctuations of the currency.
  • There is always a long (bought) and a short (sold) side Forex trading, which means that you are speculating on the prospect of one of the currencies strengthening and one of the currencies weakening.
  • PFD provides 24-hour access to multiple sources of information, liquidity and prices for the below listed comprehensive spot products and services to its global clients.
AUD/USD
AUD/CAD
AUD/NZD
AUD/JPY
AUD/CHF
CAD/CHF
CAD/JPY
CHF/JPY
EUR/USD
EUR/GBP
EUR/CHF
EUR/AUD
EUR/JPY
EUR/NZD
EUR/CAD
EUR/SEK
EUR/TRY
EUR/NOK
EUR/DKK
EUR/ZAR
GBP/USD
GBP/JPY
GBP/CAD
GBP/CHF
GBP/NZD
GBP/AUD
GBP/SEK
GBP/NOK
GBP/DKK
GBP/TRY
GBP/ZAR
NZD/USD
NZD/JPY
NZD/CAD
NZD/CHF
NOK/SEK
USD/JPY
USD/CHF
USD/CAD
USD/TRY
USD/HKD
USD/CNH
USD/SGD
USD/DKK
USD/RUB*
USD/NOK
USD/SEK
USD/ZAR
ZAR/JPY

*Where 24 hour market is unavailable, it may result in EOD wider spreads. Likewise, following wide market volatility 10% margin stipulated.

  • Forex trading time from Sunday 17:10 EST/EDT to 16:50 EST/EDT Friday, except public holidays.
  • Want to know the definition of FX
  • PFD also provides Commodities financial products which are non expiring, non deliverable and product quotes are different from exchange products and CFD commodities. Commodities Financial Products like currency FX products have daily financial adjustment (swaps) but have no monthly price gap caused by front month contract expiration.
Symbol Commodity Minimal trade
size (0.01 lot)
Contract size
size (1 lot)
Trading hours
XAU/USD Spot Gold 1 oz 100 oz 24 hours with break from 5pm-6pm EST/EDT
XAG/USD Spot Silver 50 oz 5000 oz 24 hours with break from 5pm-6pm EST/EDT
USO/USD Spot WTI crude oil 1 barrel 100 barrels 24 hours with break from 5pm-6pm EST/EDT
UKO/USD Spot Brent crude oil 1 barrel 100 barrels 24 hours with break from 5pm-8pm EST/EDT

What is Forex?

Forex is the world's largest financial market which allows participants to buy, sell, exchange and speculate on currencies. Daily transaction volumes of the Forex market are estimated as high as 4 trillion USD.

Who trades Forex?

Banks, commercial businesses, investment firms, hedge funds and retail investors trade and invest in Forex.

Why invest in forex?

Forex trading enables to speculate on the relative strength of one currency against another. It is a very easy market for anyone to access In trading forex you generally only need only a margin to get started. However, it is possible to lose much more than your initial margin if the market turns sharply against you.