What is Forex Trading?
Forex trading, also known as currency trading, involves the exchange of currencies in the global market. This market is driven by factors such as geopolitical events, economic data, and market sentiment, making it the largest and most liquid financial market in the world. Forex CFDs (Contracts for Difference) allow traders to participate in currency price movements, offering the flexibility to trade on margin for potentially greater returns. Operating 24 hours a day, five days a week, the forex market enables traders to engage in currency trading across different time zones worldwide.
Benefits of Trading Forex CFDs
Access over 45 currency pairs, including major, minor, and exotic currencies, and trade 24 hours a day, 7 days a week across different time zones. Benefit from high leverage options up to 1:400 to control larger positions with less capital and use advanced analytical tools and real-time market data to enhance your trading strategies. Enjoy no commission on deposits and transparent trading for a seamless experience.
How to Trade Forex with Mirrox
Trading forex with Mirrox is simple and effective. First, choose from a wide range of FX pairs, including major, minor, and exotic currencies. Next, develop your trading strategy, set trade parameters, and place your trade using our intuitive platform. Securely fund your account with no hidden commissions, and leverage our analytical tools and real-time notifications to track and adjust your trades.
Forex Pairs Offered by Mirrox
| Symbols | Description | Leverage (Up to) | |
| AUDCAD (Australian Dollar vs Canadian Dollar) | Trade the currency pair representing the economies of Australia and Canada. | 1:400 | |
| AUDCHF (Australian Dollar vs Swiss Franc) | Trade on the exchange rate between the Australian Dollar and the Swiss Franc. | 1:400 | |
| AUDJPY (Australian Dollar vs Japanese Yen) | Engage in trading the Australian Dollar against the Japanese Yen. | 1:400 | |
| AUDNZD (Australian Dollar vs New Zealand Dollar) | Trade the closely related currencies of Australia and New Zealand. | 1:400 | |
| AUDUSD (Australian Dollar vs US Dollar) | Participate in trading between the Australian Dollar and the US Dollar. | 1:400 | |
| CADCHF (Canadian Dollar vs Swiss Franc) | Trade the currency pair involving the Canadian Dollar and the Swiss Franc. | 1:400 | |
| CADJPY (Canadian Dollar vs Japanese Yen) | Trade on the value difference between the Canadian Dollar and the Japanese Yen. | 1:400 | |
| CHFJPY (Swiss Franc vs Japanese Yen) | Engage in trading between the Swiss Franc and the Japanese Yen. | 1:400 | |
| EURAUD (Euro vs Australian Dollar) | Trade the Euro against the Australian Dollar. | 1:400 | |
| EURCAD (Euro vs Canadian Dollar) | Participate in trading between the Euro and the Canadian Dollar. | 1:400 | |
| EURCHF (Euro vs Swiss Franc) | Trade on the exchange rate between the Euro and the Swiss Franc. | 1:400 | |
| EURGBP (Euro vs Great Britain Pound) | Trade the Euro against the British Pound. | 1:400 | |
| EURHUF (Euro vs Hungarian Forint) | Engage in trading between the Euro and the Hungarian Forint. | 1:400 | |
| EURJPY (Euro vs Japanese Yen) | Trade the Euro against the Japanese Yen. | 1:400 | |
| EURNOK (Euro vs Norwegian Kroner) | Participate in trading the Euro against the Norwegian Kroner. | 1:400 | |
| EURNZD (Euro vs New Zealand Dollar) | Trade on the exchange rate between the Euro and the New Zealand Dollar. | 1:400 | |
| EURPLN (Euro vs Polish Zloty) | Engage in trading between the Euro and the Polish Zloty. | 1:400 | |
| EURSEK (Euro vs Swedish Krona) | Trade the Euro against the Swedish Krona. | 1:400 | |
| EURTRY (Euro vs Turkish Lira) | Participate in trading the Euro against the Turkish Lira. | 1:400 | |
| EURUSD (Euro vs US Dollar) | Engage in trading the most popular currency pair, the Euro against the US Dollar. | 1:400 | |
| GBPAUD (Great Britain Pound vs Australian Dollar) | Trade the British Pound against the Australian Dollar. | 1:400 | |
| GBPCAD (Great Britain Pound vs Canadian Dollar) | Participate in trading between the British Pound and the Canadian Dollar. | 1:400 | |
| GBPCHF (Great Britain Pound vs Swiss Franc) | Trade on the currency pair of the British Pound and the Swiss Franc. | 1:400 | |
| GBPJPY (Great Britain Pound vs Japanese Yen) | Engage in trading the British Pound against the Japanese Yen. | 1:400 | |
| GBPNZD (Great Britain Pound vs New Zealand Dollar) | Trade the British Pound against the New Zealand Dollar. | 1:400 | |
| GBPUSD (Great Britain Pound vs US Dollar) | Participate in trading one of the most popular currency pairs, the British Pound against the US Dollar. | 1:400 | |
| NZDCAD (New Zealand Dollar vs Canadian Dollar) | Trade the New Zealand Dollar against the Canadian Dollar. | 1:400 | |
| NZDCHF (New Zealand Dollar vs Swiss Franc) | Trade on the currency movements of the New Zealand Dollar and the Swiss Franc. | 1:400 | |
| NZDJPY (New Zealand Dollar vs Japanese Yen) | Engage in trading between the New Zealand Dollar and the Japanese Yen. | 1:400 | |
| NZDUSD (New Zealand Dollar vs US Dollar) | Trade the New Zealand Dollar against the US Dollar. | 1:400 | |
| SGDJPY (Singapore Dollar vs Japanese Yen) | Participate in trading the Singapore Dollar against the Japanese Yen. | 1:400 | |
| USDCAD (US Dollar vs Canadian Dollar) | Engage in trading between the US Dollar and the Canadian Dollar. | 1:400 | |
| USDCHF (US Dollar vs Swiss Franc) | Trade on the currency pair of the US Dollar and the Swiss Franc. | 1:400 | |
| USDCNH (US Dollar vs Chinese Yuan Renminbi) | Trade the US Dollar against the Chinese Yuan Renminbi. | 1:400 | |
| USDDKK (US Dollar vs Danish Krone) | Participate in trading the US Dollar against the Danish Krone. | 1:400 | |
| USDHKD (US Dollar vs Hong Kong Dollar) | Engage in trading between the US Dollar and the Hong Kong Dollar. | 1:400 | |
| USDHUF (US Dollar vs Hungarian Forint) | Trade the US Dollar against the Hungarian Forint. | 1:400 | |
| USDJPY (US Dollar vs Japanese Yen) | Trade on the currency movements between the US Dollar and the Japanese Yen. | 1:400 | |
| USDMXN (US Dollar vs Mexican Peso) | Participate in trading the US Dollar against the Mexican Peso. | 1:400 | |
| USDNOK (US Dollar vs Norwegian Kroner) | Trade the US Dollar against the Norwegian Kroner. | 1:400 | |
| USDPLN (US Dollar vs Polish Zloty) | Engage in trading between the US Dollar and the Polish Zloty. | 1:400 | |
| USDRUB (US Dollar vs Russian Rouble) | Trade on the exchange rate between the US Dollar and the Russian Rouble. | 1:400 | |
| USDSEK (US Dollar vs Swedish Krona) | Trade the US Dollar against the Swedish Krona. | 1:400 | |
| USDSGD (US Dollar vs Singapore Dollar) | Participate in trading between the US Dollar and the Singapore Dollar. | 1:400 | |
| USDTRY (US Dollar vs Turkish Lira) | Engage in trading the US Dollar against the Turkish Lira. | 1:400 | |
| USDZAR (US Dollar vs South African Rand) | Trade the US dollar against the South African Rand. | 1:400 | |
| ZARJPY (South African Rand vs Japanese Yen) | Trade on the currency pair of the South African Rand and the Japanese Yen. | 1:400 |
Learn CFD Forex Trading with Mirrox
Education is essential in forex trading, and Mirrox offers a free Education Center to help you master the currency markets. Gain knowledge to make informed decisions, manage risks, and protect your capital. Learn various trading strategies to align with your financial goals and analyze market trends to identify trading opportunities.
