Money is always on the move
Banks transfer it, companies buy and sell with it and Warren Buffet invests it. And every day, money is exchanged from one currency to another -that’s foreign exchange, also known as forex or FX.
Join us for an FX tour as we whisk you around the globe and introduce you to the world’s most-traded currencies. Meet the euro, the kiwi, the Swissie and more – all from the comfort of our first-class platform.
Take the tour with Saxo Now
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EURUSD: Trading the Euro
Unlike other major currencies, the euro doesn’t represent just one country – it’s the official currency of 19 European Union member states, including powerhouse Germany, Italy, Spain, Greece and 15 more. Introduced in 1999, the euro is the second-largest and second-most traded currency in the world after the US Dollar.
GBPUSD:Hail Britannia
The pound sterling is the official currency of the United Kingdom, as well as its overseas territories such as Bermuda, Gibraltar and the Cayman Islands. As the forth-most traded currency in the world, the pound accounts for 12.8% of daily trades.
USDJPY :Enter the Ninja
『Ninja』 is the nickname given to the currency pair USDJPY – the US Dollar against Japan’s official currency, the yen. Representing the #3 global economy, the yen is the third-most traded currency in the world, after the US Dollar and the euro, and accounts for 16.8% of daily trades.
Trade FX your way
With Saxo, you can trade200+ Forex pairswith true flexibility. Buy and sell currency pairs with Spot FX, get a jump on future prices with FX options or hedge your exposure with FX swaps. With ourCrypto FX pairs, you can also gain exposure to leading cryptocurrencies by trading them against major currencies.
Ultra-competitive FX spreads
Trade major Forex pairs from 0.6 pips. Competitive entry prices and even lower rates for active traders.
Best-in-class execution
Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements. We fully disclose our dealing practices and never trade against you in the market. Our commitment to transparency shows that our interests are aligned with yours.
Award-winning platform
Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
Expert service, trusted for 25 years
With 810,000+ satisfied customers,Saxo Bankoffers world-class service around the clock.
Start with Saxo to trade with FX your way
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Please note that FX related instruments are traded with leverage and small price fluctuations can lead to larger losses if market volatility increases. FX markets are sensitive to political and macroeconomic events, which can drive prices higher or lower rapidly. Therefore, you should ensure that you understand the risks before trading.
[Image viaSaxoGroup]
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