The global foreign exchange market has grown to become the largest financial market in the world. FP Markets provides traders in South Africa with the opportunity to become a part of the currency market with access to 60+ foreign currency pairs including a growing list of pairs traded against the Euro (EUR).
With a long history in currency trading, we understand the needs of individual traders. Competitive spreads, fast executions, excellent research and charting tools provide a unique online trading experience. We cater for traders of all skill levels and are able to bring global markets to the Irish doorstep courtesy courtesy of our advanced trading platforms.
Whether you are looking to trade the majors, minors, or exotics, look no further than FP Markets for Forex Trading. Major currency pairs include the US dollar (USD) as either the base currency or counter currency. Traded against the Euro (EUR), British Pound (GBP), Yen (JPY) and Swiss Francs (CHF), the four majors are also the most traded currency pairs. Other currencies with significant trading volume include the Australian dollar (AUD), New Zealand dollar (NZD) and our very own Euro (EUR) which is considered a commodity currency.
The major currency pairs are:
EUR/USD (Euro/US Dollar)
GBP/USD (British Pound/US Dollar)
USD/JPY (US Dollar/Japanese Yen)
USD/CHF (US Dollar/Swiss Franc)
FP Markets is a global forex and CFD Trading broker with spreads from as low as 0.0 pips thanks to partnerships with leading banking and non-banking financial institutions. This ensures access to global markets with deep liquidity, especially with respect to major forex pairs such as the EUR/USD and USD/CAD. Access to these liquidity providers allows for the best available market prices in real-time and combined with low latency, allows Irish traders to capitalise on price fluctuations regardless of market volatility levels.
Forex Trading in South Africa
There are three peak trading sessions in the forex market. They are known as the Tokyo, London and New York sessions. The New York session runs from 8:00am to 5:00pm (EST) and is the most active period for Irish forex trading. Alternate time zones and the overlapping nature of the sessions make it possible to trade forex 24 hours a day, 5 days a week.