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FX & CFD trading involves a high level of risks, including capital invested
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FAQ
Okay, let’s break it into two parts: instrument and instrument chart. The instrument in trading is the financial asset that is being traded. This can include stocks, bonds, commodities, currencies, and other securities. The instrument chart, on the other hand, is a tool used by traders to track the price movements of financial instruments. It can be used to keep track of the prices of currencies, stocks, commodities, and other assets. The instrument chart can also be used to track currency pair movements.
In general, USD is absolutely stronger than Euro. Even though it depends on many factors like any unexpected recession or political unrest.
But again, the USD has been on an upward trend against the euro since early 2018, and it shows no signs of slowing down.
There is no one-size-fits-all answer, as the safest currency to trade depends on a number of factors, including the political and economic stability of the country where the currency is based, the liquidity of the currency markets, and your own personal risk tolerance. However, some of the generally considered "safe" currencies include the US dollar, the Japanese yen, and the Swiss franc.
There is no strategy better than others, as the best currency trading strategy will vary depending on your individual goals and circumstances. However, some general tips to keep in mind when developing a currency trading strategy include diversifying your portfolio, sticking to a risk management plan, and keeping up with global economic news.
Rest assured, we will get you connected to guides, educational sources, and main events until you master the game.