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Forex

Explore a diverse selection of forex currency pairs encompassing Majors, Minors, Crosses, Exotics, and TRY. Reap the advantages of narrow spreads and lightning-fast order execution for an optimized trading experience.

MAJOR
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDJPY
USDCAD
USDCHF
MINOR
AUDCHF
AUDJPY
AUDNZD
CADCHF
CADJPY
CHFJPY
EURNOK
EURNZD
GBPAUD
AUDCAD
GBPCAD
GBPCHF
NZDCAD
NZDCHF
NZDJPY
USDMXN
USDZAR
USDHKD
CROSSES
EURCAD
EURCHF
EURAUD
EURGBP
GBPJPY
EURJPY
EXOTICS
EURMXN
EURSEK
USDNOK
USDSEK
USDSGD
USDCNH
EURZAR
TRY
USDTRY
EURTRY
GBPTRY
BID %
ASK %
Leverage: 1:200
Swap Type: In points
Swap long:
Swap short:
3day swap:
Contract size:
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Advantages of Forex CFD Trading

  • Experience competitive spreads starting at 0.1 pips for EUR/USD.
  • Utilize robust charting tools to enhance your analysis.
  • Trade forex around the clock, 24/5.
  • Engage in currency pairing CFDs with significantly reduced trade values.
  • Leverage margin trading to take both long and short positions.

Examples of Trading in Forex

Selling: EUR/USD

The gross profit on your trade is calculated as follows:

  • Opening Price

    €100,000 x 1.33623 = USD $133,623

  • Closing Price

    €100,000 x 1.32129 = USD $132,129

  • Gross Profit on Trade

    $1494

  • Opening the Position

    The price of the Euro against the US Dollar (EUR/USD) is 1.33623/1.33624 and you decide to sell 1 standard lot (the equivalent of €100,000) at 1.33623.

  • Closing the Position

    One week later the Euro has fallen against the US Dollar to 1.32128/1.32129 and you decide to take your profit by buying back 1 standard lot at 1.32129.

FAQs

  • 1. What is forex & how do I trade FX pairs?Down Arrow Down Arrow

    Forex (also known as 'foreign exchange' or 'fx') involves trading currency pairs, such as EURUSD, on a decentralized global market that operates over-the-counter. Each currency is represented by an official abbreviation; for instance, EUR stands for 'Euro' and USD stands for 'United States Dollar'. In forex trading, the bid price, or 'base currency' (in this case, EUR), is presented first, followed by the ask price, or 'quote currency' (here, USD). The values of these currencies fluctuate rapidly, which is reflected in the spread, denoting the variance between the bid and ask prices.

  • 2. What forex pairs can I trade?Down Arrow Down Arrow

    We provide an extensive selection of major, minor, exotic, and TRY forex pairs. This encompasses EURUSD spreads as tight as 0.01 pips, coupled with 1:200* leverage available on Pro accounts.

  • 3. What’s the main difference between CFDs and forex?Down Arrow Down Arrow

    CFD (Contracts for Difference) trading encompasses diverse contracts spanning various financial instruments like indices and commodities. In contrast, forex exclusively involves trading currency pairs.

    Another perspective reveals that forex trading is predominantly influenced by global events, while CFDs are primarily shaped by the supply and demand dynamics of underlying assets. Nevertheless, all instruments are subject to multiple factors and can be impacted by unforeseen events. Given the absence of a fixed trading guide, we strongly advise seeking independent guidance and closely monitoring your open trades.

    While our customer support operates round-the-clock on weekdays, please note that tattvam operates as an execution-only broker and refrains from offering advisory management or investment counsel. We encourage traders of all expertise levels to seek professional assistance and implement effective risk management strategies.

  • 4. What is a ‘stop loss’ order & why should I use it?Down Arrow Down Arrow

    Perhaps the most widely employed mechanism for mitigating risk, stop loss orders are strategically devised to curtail losses in the event of an unfavorable shift in a security position. By submitting a stop loss order to your broker, you're essentially instructing them to conclude the position once the instrument hits a specified price point. This approach reduces the necessity for constant trade supervision and can be instrumental in minimizing losses, particularly during times of market volatility.

    It's important to acknowledge, however, that a stop loss is not an absolute assurance. Positions might be influenced by price gaps occurring during market closures, data releases, or other economic influencers.