Join the community of professional traders! ZitaPlus offers more than 80 currency pairs by supporting you with a wide range of trading instruments.
Explore diverse forex pairs, including majors, minors, and exotics. With competitive spreads and cutting-edge technology, ZitaPlus empowers you to navigate the forex market with confidence.
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Forex trading (foreign exchange trading) is the process of buying and selling currencies for profit on the global market. Unlike other financial markets, the forex market operates 24/5, making it easier for traders all around the world to trade.
The forex market (foreign exchange market) is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. It is active 24/5, unlike traditional markets. This way, traders can capitalize on currency fluctuations.
Forex trading is performed through strategies accepted by many traders. Technical and fundamental analysis are essential when trading forex. Also, position sizing is a good strategy to manage risk and maximize returns.
If you are new to forex, then you might consider starting with more liquid major pairs such as EUR/USD or GBP/USD. Minors and exotics are more volatile with higher spreads and risk but with also more potential profits.
If the pairs are traded more commonly (majors), it means that these pairs are less subject to sudden and unpredictable movements. That is why it is easier to analyze and trade them. However, minor and exotic pairs especially are prone to more unpredictable movements. Although they are more risky, it is possible to get more profit by trading these currency pairs.