Instruments
What you can trade
Every instrument below streams live pricing into the terminal and can be traded from a demo or live account. Spreads are variable and shown on the order ticket at the moment you trade.
Forex Majors
7 instruments| Symbol | Instrument | Character |
|---|---|---|
| EUR/USD | EUR / USD | The most traded pair in the world, deep liquidity, tight spreads. |
| GBP/USD | GBP / USD | Liquid and news-sensitive; reacts sharply to BoE and UK data. |
| USD/JPY | USD / JPY | Highly liquid, driven by rate differentials and risk sentiment. |
| USD/CHF | USD / CHF | Safe-haven flows; often moves inversely to EUR/USD. |
| AUD/USD | AUD / USD | Commodity-linked; sensitive to China growth and metals prices. |
| USD/CAD | USD / CAD | Tracks crude oil and the US to Canada rate spread. |
| NZD/USD | NZD / USD | Commodity and risk-sentiment driven; thinner than AUD/USD. |
Forex Crosses
16 instruments| Symbol | Instrument | Character |
|---|---|---|
| EUR/GBP | EUR / GBP | Range-prone cross; reflects relative ECB vs BoE policy. |
| EUR/JPY | EUR / JPY | Popular risk barometer with wide intraday ranges. |
| GBP/JPY | GBP / JPY | Notably volatile, large ranges reward careful position sizing. |
| EUR/CHF | EUR / CHF | Historically tight-ranging; sensitive to SNB policy. |
| EUR/AUD | EUR / AUD | Wide-ranging cross combining EU and commodity drivers. |
| EUR/CAD | EUR / CAD | Euro against the oil-linked loonie; ECB versus BoC. |
| EUR/NZD | EUR / NZD | Wide-ranging cross, sensitive to dairy prices and RBNZ policy. |
| GBP/CHF | GBP / CHF | Volatile cross pairing UK risk with safe-haven CHF. |
| GBP/AUD | GBP / AUD | Sterling against the Aussie; risk appetite and rates drive it. |
| GBP/CAD | GBP / CAD | Two commodity- and rate-sensitive currencies; wide daily ranges. |
| GBP/NZD | GBP / NZD | One of the widest-ranging majors crosses. |
| AUD/JPY | AUD / JPY | Classic risk-on / risk-off proxy. |
| NZD/JPY | NZD / JPY | Carry-trade sensitive; can move quickly in risk events. |
| AUD/NZD | AUD / NZD | Tight regional cross driven by RBA vs RBNZ policy. |
| AUD/CAD | AUD / CAD | Two commodity currencies, metals versus oil. |
| AUD/CHF | AUD / CHF | Risk-on Aussie against the safe-haven franc. |
Forex Exotics
2 instruments| Symbol | Instrument | Character |
|---|---|---|
| USD/MXN | USD / MXN | Exotic; sensitive to US data and oil. |
| USD/PLN | USD / PLN | Exotic; tracks European risk sentiment and NBP policy. |
How forex trading works on NOVEDOX
A currency pair quotes how much of the quote currency one unit of the base currency buys. Buying EUR/USD means going long the euro and short the US dollar at the same time; selling does the reverse.
Positions are sized in lots. One standard lot is 100,000 units of the base currency, and NOVEDOX supports fractional sizing so you can scale exposure to your account. Profit and loss move with the pip. The fourth decimal place on most pairs, the second on yen crosses.
Leverage of up to 200:1 means a comparatively small margin controls a larger position. That magnifies gains and losses equally, which is why every order ticket carries stop-loss and take-profit fields. Use them.
Spreads are variable: they tighten in liquid sessions and widen around major economic releases and at the daily rollover. The live spread for any instrument is shown on the ticket before you confirm a trade.
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Trade forex with a free demo first
Practise on live prices with $10,000 of simulated balance, no deposit and no card required.
Trading involves risk. 74.3% of retail accounts lose money.