The foreign exchange market is the world’s largest financial market, with over $5 trillion trades daily. EUR/USD, USD/JPY and GBP/USD are the most popular among major currency pairs. CFD Trading consists of the creation of a contract between ‘buyer’ and ‘seller’, where the latter will pay the price different at the contract execution time. Forex market hours are flexible and allows traders to buy and sell currencies 24 hours a day, five days a week, except weekends.
There a several forex currency pairs that are widely traded and are very liquid in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all forex market trading. As they attract the largest volume of buyers and sellers, their spreads are typically the tightest.
| AUD/CAD | AUD/CHF | AUD/JPY | AUD/NZD | AUD/USD | CAD/CHF |
| CAD/JPY | CHF/JPY | EUR/AUD | EUR/CAD | EUR/CHF | EUR/GBP |
| EUR/JPY | EUR/NOK | EUR/NZD | EUR/SEK | EUR/TRY | EUR/USD |
| GBP/AUD | GBP/CAD | GBP/CHF | GBP/JPY | GBP/NZD | GBP/USD |
| NZD/CAD | NZD/CHF | NZD/JPY | NZD/USD | TRY/JPY | USD/CAD |
| USD/CHF | USD/CNH | USD/JPY | USD/MXN | USD/NOK | USD/SEK |
| USD/TRY | USD/ZAR | ZAR/JPY |
| Symbol | Country | Currency |
|---|---|---|
| AUD | 
Australia |
Australian Dollar |
| CAD | 
Canada |
Canadian Dollar |
| CHF | 
Switzerland |
Swiss Franc |
| CNH | 
China |
Chinese Yuan (offshore) |
| EUR | 
Eurozone |
Euro |
| GBP | 
Great Britain |
British Pound |
| MXN | 
Mexico |
Mexican Peso |
| Symbol | Country | Currency |
|---|---|---|
| JPY | 
Japan |
Japanese Yen |
| NOK | 
Norway |
Norwegian Krone |
| NZD | 
New Zealand |
New Zealand Dollar |
| SEK | 
Sweden |
Swedish Krona |
| TRY | 
Turkey |
Turkish Lira |
| USD | 
United States |
United States Dollar |
| ZAR | 
South Africa |
South African Rand |