Enter the world's largest currency market

Forex

Groups of currency pairs

Currency pairs are divided into three main groups: major, minor and exotic pairs. The main difference between the pairs is liquidity, which is derived from the trading volumes of the pairs. For example, major currency pairs are the most traded pairs and all pairs include the USD as well as another currency, while minor pairs include one of the three major pairs other than the USD (EUR, GBP and YEN).

Forex trading platforms

AlgoBot24 offers a wide range of trading platforms, for both manual and automated trading, with unique features and tools to optimise your trading experience. Whether you are looking to trade on your own or copy the trades of experts, our selection of tools will satisfy any trader, so you can be sure to find what you are looking for.

Range of markets

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Forex trading works like any transaction in which one buys an asset using a currency. In the case of forex, the market price tells the trader how much currency is needed to buy another. For example, the current market price of the EUR/USD currency pair shows how many US dollars it takes to buy one euro.

Buy or sell currencies

How to Start Trading FX

Forex (also known as 'FX', short for 'Foreign Exchange') is a form of currency exchange involving the conversion of one currency into another. Forex is one of the most dynamic markets in the world, with daily transactions by individuals, companies and banks worth around $6.6 trillion.

Although much currency exchange is done for practical purposes, the majority of currency conversions are done by forex traders to make a profit. The amount of currency converted each day can make the price movement of some currencies extremely volatile. It is good to be aware of this before you start trading in this market.

The experts at AlgoBot24are waiting for you to invest firmly and credibly in Forex trading.

Leveraged trading

What are margin and leverage in FX trading?

Margin refers to the initial deposit required to open and maintain a leveraged position with CFDs. So, for a EUR/USD trade you would only need a margin of 3.33% to open a position. As a result, instead of €100,000 to open a position, you would only need a deposit of €3,330.

You will love the choice of forex currency pairs we offer you when you sign up with us. In this market, you have dozens of currency pairs to trade, but not all online trading platforms can offer you all of them. When you sign up with us, we help you enhance your trading experience by offering you the best, most stable, most volatile, and most unpredictable forex currency pairs in the world. Whether you want to trade USD, GBP, EUR, CAD, AUD or some other small currency, you can simply land on our trading platform and trade them all.