Currency Trading Simplified
One of the most liquid asset markets, currency trading has its distinct appeal and benefits. It involves buying and/or selling national currencies with the objective of making a profit. The currencies are paired up together. EUR/USD, USD/JPY, USD/CAD, AUD/USD, and GBP/USD are some of the most popular currency pairs.
Trade the Currency Market with a Global Broker
Trading currency is not easy. However, at Seven Star FX, we are committed to simplifying it with a cutting-edge platform, excellent customer support, and a whole wide range of benefits. We are one of the fastest emerging Forex brokers, serving thousands of traders across the globe. We bring multiple currency pairs with our spreads starting as low as 0.0 pips. So, now enjoy the power and perks that seasoned traders get. Start trading currencies in our flexible and transparent ecosystem that promotes traders’ success and your financial well-being.
How Does Currency Trading Works?
Currency trading involves buyers and sellers who exchange currencies between each other at a defined price. It is an OTC market with no centralization. If you are trading EURO for U.S Dollar, the trade would be denoted as EUR/USD, where “EURO” is the base currency and “USD” quote currency. Currency price fluctuates based on several factors, including macroeconomic trends, geopolitical conflicts, and more.
There are three types of forex markets you can explore:
- Spot (exchange of currencies takes place at the exact moment trade is settled)
- Forward (contract to buy or sell currencies at a specified date and price)
- Future (a legally binding contract to buy or sell currencies at a specified price in the future).
Each has its own list of pros and cons and you can choose any based on your trading needs and analysis. With a live account, you can start trading different currency pairs, provided your forex broker supports those pairs. At Seven Star FX, we offer 120+ currency pairs, assuring to meet all your currency trading needs.
Why Trade Currency with Seven Star FX?
- Lowest spreads that start at 0.0 pips
- 120+ currency pairs
- World-class customer support
- Cutting-edge MT4 platform to trade on
- Super-fast order execution
- Trade on the go, from your phone
- Extensive library of educational resources
- Transparent pricing; no commission