The largest and most liquid market in the world with a transaction value three times greater than the combined stock and bond markets
As of right now, Foreign Exhange (Forex) is the world’s largest market with a transaction value three times greater than the number of stock and bond market combined.
Forex is open 24 hours a day through a network of global banks throughout Asia, Europe, and America without a centralized exchange; thus, it is known as an OTC (Over the Counter) product.
This transaction is carried out by buying or selling currencies using price fluctuations.
Forex trading with Eternity allows customers to trade many foreign exchange products, regardless of the platforms or gadgets used. Below are the various currency pairs that customers are able to trade.
|Major Pairs||Nickname||Contract Size|
|EUR / USD||Euro||EUR 100,000|
|USD / JPY||Japanese Yen||USD 100,000|
|GBP / USD||Poundsterling||GBP 100,000|
|USD / CHF||Swiss Franc||USD 100,000|
|AUD / USD||Australian Dollar||AUD 100,000|
|NZD / USD||New Zealand
|USD / CAD||Canadian Dollar||USD 100,000|
|Cross Currency Pairs||Nickname||Contract Size|
|EUR / GBP||Euro / Pound||EUR 100,000|
|EUR / JPY||Euro / Yen||EUR 100,000|
|GBP / JPY||Pound / Yen||GBP 100,000|
|AUD / JPY||Aussie / Yen||AUD 100,000|
|CHF / JPY||Swiss Franc / Yen||CHF 100,000|
|EUR / CHF||Euro / Swiss Franc||EUR 100,000|
|Products||Loco London Gold||Silver|
|Contract Size||100 Troy Ounces||5,000 Troy Ounces|
|Minimum Tick||1 Cent||0.1 Cent|
|PIP Size||10 Cents||1 Cent|
|Value Per PIP||USD 10||USD 50|