Forex market, which has a daily trading volume of 5.5 trillion dollars on a global scale, is becoming even more attractive thanks to its leverage feature. The basket of major currencies consists of 8 pairs only. These currency pairs account for most of the turnover of Forex market.
The major pairs are considered by many to drive the global forex market and are the most heavily traded. The five currencies that make up the major pairs are U.S. dollar, euro, Japanese yen, British pound, and Swiss franc.
EUR/USD - USD/JPY - GBP/USD - USD/CHF - AUD/USD - USD/CAD - EUR/JPY - EUR/GBP
Minor pairs have a smaller market share compared to major pairs. The group of Minor currency pairs includes relatively less popular instruments as compared to the Major currency pairs.
A stock represents one of the equivalent parts of a companys capital. Forex market provides investors with the opportunity not only to trade foreign currency pairs but also to make stock transactions.
The terms “stock”, “shares”, and “equity” are used interchangeably in modern financial glossary. The stock market consists of exchanges where investors can buy and sell individual shares of a company.
Like currencies, shares of stock can fluctuate in price throughout the day, week and month.
Stock traders aim to buy a stock when it’s undervalued and sell it when it rises in value.
A contract for difference (CFD) are products that provide the opportunity to profit from the price movements of a particular underlying asset. Many products can be counted as underlying assets such as stock indices, stocks or commodities. For every point the price of the instrument moves in your favour, you gain multiples of the number of CFD units you have bought or sold.
Advantages of CFDs
Make capital go further with leverage
Go short or long
Trade a huge range of markets
Mirror trading the underlying market
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. There are many cryptocurrencies that are traded around the world independent from governments and banks such as Bitcoin, Ripple, Litecoin.
Cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. With Lotas Capital, you can also trade in digital coins in Forex markets.
Blockchain is the technology that enables the existence of cryptocurrency. Using this technology, participants can confirm transactions without a need for a central clearing authority.
Besides the various risks of using crypto money, it has many advantages.