Forex CFDs

What is Forex Trading

Forex trading, or FX trading, allows you to simultaneously buy or sell one currency against another across a decentralized market. When trading in foreign currency pairs, traders speculate on whether the value of one currency will rise or fall against another currency, and decide to buy (go long) or sell (go short) accordingly.

Why choose to Trade Forex

Choose from a range of goods such as oil, gold, silver and platinum

Decentralized market with average turnover of $5 trillion+ daily

Trade 24/5 from anywhere

Potential to benefit during falling markets

Why Trade With none

Dedicated charts for informed decision-making

Ultra-low latency with superior execution

Intuitive MT4/MT5 trading platforms

Deep liquidity pool to ensure tight spreads

Spreads from 0.0 pips and commissions from $0

Wide range of funding methods

Trade CFDs on Commodities

OR TRY A RISK-FREE DEMO ACCOUNT

none Commodities

Providing access to some of the most popular commodities globally, Plus500 offers the opportunity to gain exposure to future contracts for instruments like gold, silver, platinum and oil.

View all markets

Symbol	Bid	Ask	Spread
Eurusd	1.094	0.001	0.0
Gbpusd	1.286	0.005	0.3
Usdjpy	147.068	0.935	0.9
Gbpjpy	189.113	0.360	0.2
Euraud	1.650	0.003	0.4
Gbpusd	1.286	0.005	2.3
Euraud	1.650	0.003	0.4

Forex Example Buying EURUSD

EUR/USD price at market OPEN: 1.21188/1.21190

You speculate that prices will go up within the day and decide to go long.

To buy 1 Lot of EUR/USD the required margin is 100,000 EUR. However, with a 1:100 leverage it means that you will only need 100,000/100 = 1000 EUR to buy 1 Lot of EUR/USD.

So in this example each pip move equals 10 Dollars.

If we assume that EUR/USD goes up as you had speculated, and the price at market close: 1.22190/1.22192 and you decide to close your long position and sell back to the market at the current price of 1.22190, you could be expected to make a profit of 100 pips, which is $1,000.

Getting Ready to Become a Trader

Understand how trading forex works and the associated risks
Open a risk-free demo account and practice
Build your trading plan
Switch to a live account
Open, monitor and close your first trading position

3 Steps to Start Trading

Join Today

Register & Verify your Profile

Complete our Registration Form and access the Client Portal. Complete your Economic profile, upload the required documents and verify your profile.

Open a Live Account & Fund It

Choose “Open Live Account” under the Accounts tab and select an account. Click “Deposit funds” under the funds tab to select your funding method.

Download your Platform & get Started

Choose “Downloads” tab under Trader’s Menu and download your Preferred Platform. Launch your platform and start trading.

Trade Forex CFDs