Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Forex Pair | Min. (Fixed) Spread | Margin From |
|---|---|---|
| EUR/USD | 0.3 points | 0.5% |
| EUR/GBP | 0.5 points | 0.5% |
| USD/JPY | 0.5 points | 0.5% |
| AUD/USD | 0.4 points | 0.5% |
| *In-hours fixed spread will vary from outside hours fixed spread. |
All currencies are traded as a pair. That is, the price of a currency is always traded in relation to the price of another currency. That is why they are called a Forex Pair.
The major Forex pairs all contain the USD on one side of the pair. They are the most commonly traded currency pairs in the world. Examples include the EUR/USD, GBP/USD, USD/CHF and USD/JPY. The seven major Forex pairs make up approximately 80% of all FX trading across the globe. Due to their high trading volumes and high liquidity, the spreads on major Forex pairs are generally the lowest.
You can also trade cross-currency pairs that do not contain the USD (for example EUR/GBP) and a range of exotic Forex pairs of smaller economies with TD365.com.
