Forex
Forex, short for Foreign Exchange, is one of the largest and most dynamic financial markets globally. It involves trading different currencies against each other in a decentralized market that operates 24 hours a day, five days a week, across major financial centers worldwide. As a leading trading platform, TradePlanet24 provides access to a wide range of currency pairs, accommodating various trading strategies and preferences. Whether you're just starting or are an experienced trader, Forex offers an exciting array of opportunities to explore.
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Benefits of trading with FOREX?
The Largest Financial Market:
Forex is the largest financial market in the world, providing immense liquidity and opportunities.
Direct Ownership:
You retain ownership of the money you trade, irrespective of the currency or country, within a decentralized marketplace.
Tight Spreads:
Enjoy tight spreads designed to maximize your profit potential by minimizing trading costs.
| Instrument | Spread (in pips) |
Leverage (up to)* |
Trading Platform Lot
Settings (size of 1 lot) |
Trading Platform Lot
Settings (Min. Trade) |
Trading
Hours (GMT) |
|---|---|---|---|---|---|
| EURUSD | 3 | 1:200 | 100000 | 0.01 | 24h |
| USDJPY | 3 | 1:200 | 100000 | 0.01 | 24h |
| USDCAD | 4 | 1:200 | 100000 | 0.01 | 24h |
| NZDUSD | 4 | 1:200 | 100000 | 0.01 | 24h |
| AUDUSD | 4 | 1:200 | 100000 | 0.01 | 24h |
| AUDNZD | 20 | 1:200 | 100000 | 0.01 | 24h |
| AUDCAD | 10 | 1:200 | 100000 | 0.01 | 24h |
| USDCHF | 3 | 1:200 | 100000 | 0.01 | 24h |
| GBPUSD | 3 | 1:200 | 100000 | 0.01 | 24h |
| AUDCHF | 10 | 1:200 | 100000 | 0.01 | 24h |
| AUDJPY | 5 | 1:200 | 100000 | 0.01 | 24h |
| CHFJPY | 6 | 1:200 | 100000 | 0.01 | 24h |
| EURGBP | 4 | 1:200 | 100000 | 0.01 | 24h |
| EURAUD | 9 | 1:200 | 100000 | 0.01 | 24h |
| EURJPY | 4 | 1:200 | 100000 | 0.01 | 24h |
| EURCHF | 7 | 1:200 | 100000 | 0.01 | 24h |
| EURNZD | 20 | 1:200 | 100000 | 0.01 | 24h |
| EURCAD | 9 | 1:200 | 100000 | 0.01 | 24h |
| GBPCHF | 8 | 1:200 | 100000 | 0.01 | 24h |
| GBPAUD | 9 | 1:200 | 100000 | 0.01 | 24h |
| GBPCAD | 12 | 1:200 | 100000 | 0.01 | 24h |
| GBPJPY | 7 | 1:200 | 100000 | 0.01 | 24h |
| CADCHF | 10 | 1:200 | 100000 | 0.01 | 24h |
| CADJPY | 6 | 1:200 | 100000 | 0.01 | 24h |
| NZDJPY | 7 | 1:200 | 100000 | 0.01 | 24h |
| USDSGD | 8 | 1:200 | 100000 | 0.01 | 24h |
| NZDCHF | 10 | 1:200 | 100000 | 0.01 | 24h |
| USDDKK | 20 | 1:200 | 100000 | 0.01 | 24h |
| NZDCAD | 10 | 1:200 | 100000 | 0.01 | 24h |
| GBPNZD | 30 | 1:200 | 100000 | 0.01 | 24h |
| USDTRY | Floating | 1:200 | 100000 | 0.01 | 24h |
| EURTRY | Floating | 1:200 | 100000 | 0.01 | 24h |
| GBPTRY | Floating | 1:200 | 100000 | 0.01 | 24h |
| TRYJPY | Floating | 1:5 | 100000 | 0.01 | 24h |
| USDZAR | Floating | 1:200 | 100000 | 0.01 | 24h |
| ZARJPY | Floating | 1:5 | 100000 | 0.01 | 24h |
| USDCNH | 25 | 1:50 | 100000 | 0.01 | 24h |
| USDMXN | 150 | 1:200 | 100000 | 0.01 | 24h |
| USDHKD | 7 | 1:200 | 100000 | 0.01 | 24h |
| USDPLN | 30 | 1:200 | 100000 | 0.01 | 24h |
Forex Trading Conditions
Spread Adjustments:
Between 16:00 GMT and 06:00 GMT, spreads for TRY currency pairs may widen.
Between 16:00 GMT and 06:00 GMT, spreads for PLN currency pairs may widen to 120.
Overnight Rollover Rates: Our company may adjust overnight rollover rates based on
fluctuations in credit markets. The trading platform calculates the overnight rollover at
21:00 GMT, with charges or credits applied to your account. Note that on Wednesdays at 21:00
GMT, overnight rollover fees are tripled to account for the weekend.
Get Started Now! Time is Precious!
Every trader starts somewhere, and there's no better time than now to begin your journey. Don't wait—take the first step today!
Try our Demo Account and experience the excitement of real-time trading without risking your funds.