FXOpen has added two new forex pairs to its FX/CFD brokerage offering: EUR/ZAR (Euro/South African Rand) and USD/ZAR (US Dollar/South African Rand).
The new forex pairs are available on the full suite of FXOpen platforms, including MT4, MT5, TickTrader, and TradingView, allowing traders to access them via their ECN trading accounts.
Clients at FXOpen can trade with leverage of up to 1:20 on currencies, with a minimum trade size of 0.01 lot.
The introduction of new markets responds to trader demand for access to global opportunities, aiming to navigate volatility and diversify portfolios. The EUR/ZAR and USD/ZAR currency pairs are known for their high volatility, making them suitable for traders experienced in risk management.
In addition to EUR/ZAR and USD/ZAR, FXOpen is also reinstating full trading for USD/TRY and EUR/TRY, offering further diversification into emerging market currencies, particularly as the Turkish Lira remains volatile.
Gary Thomson, Chief Operating Officer of FXOpen UK, said: “At FXOpen, we consistently try to demonstrate our unwavering commitment to our clients.
“The introduction of EUR/ZAR and USD/ZAR ensures that our traders have access to the tools they need to thrive in increasingly dynamic markets.
“We are not just adding additional currency pairs, we are enhancing their trading experience by listening to our clients and delivering what they need to succeed.”
FXOpen recently expanded its TickTrader trading platform’s language options to include German, French, Spanish, Portuguese, Turkish, and Arabic.
The FX/CFD broker underwent this multilingual update to provide a more inclusive and seamless trading experience for its global community of traders as there’s nothing like accessing the trading platform in one’s native language for clarity and ease of use.
TickTrader, FXOpen’s in-house trading platform, offers a fully customizable environment that features 1200 advanced trading tools and a highly intuitive user interface:
- Advanced order types, including Market Orders, Limit Orders, and Stop Orders, with customizable settings for volume units, stop levels, and slippage to suit individual trading strategies.
- Seamless management of trading activities directly through the platform or via API integrations, including FIX, REST, or WebSocket, ensuring flexibility and convenience.
- A customizable trading alert system that enables traders to choose how they receive notifications, keeping them up-to-date with market movements and trading opportunities.
- One-click trading functionality, allows traders to react instantly to rapidly changing market conditions and seize opportunities with ease.
- Market depth exploration using Level 2 Pricing, providing insights into market liquidity and allowing traders to view their limit orders within the order book to make informed trading decisions.
FXOpen launched Hong Kong share CFDs
FXOpen recently expanded its product offering with the launch of Hong Kong share CFDs on its TickTrader platform, in a strategic move by the global forex and CFD broker to meet the evolving needs of its clients.
By opening up a wealth of new trading opportunities and access to one of Asia’s most dynamic financial markets, FXOpen further positions itself as a sharp FX broker that quickly responds to customer demand. In this case, the urge for exposure to Hong Kong markets, which provide a bridge to Chinese markets.
Tencent HK, Alibaba HK, Meituan HK, Xiaomi HK, JD.com HK, BYD HK, Baidu HK, NetEase HK, China Mobile HK, and China Petroleum HK are a few of the HK-listed share CFDs now available on FXOpen’s TickTrader platform.
FXOpen zeroed commissions on index trades
Commission-free trading was first introduced by FXOpen in early 2023 as the broker removed the commission fees for any index trades placed on an FXOpen ECN account. Here are some of global index CFDs that tend to prove the most popular for FXOpen clients:
- Wall Street 30: Tracks the performance of 30 of the biggest publicly traded firms in the United States.
- Germany 40: Made up of the 40 largest companies on the Frankfurt Stock Exchange.
- UK 100: The UK’s largest 100 firms, by market capital, as listed on the London Stock Exchange.
- US Tech 100: Measures the performance of the 100 biggest non-financial companies in the United States, with a heavy focus on the technology sector.
- Japan 225: A price-weighted index covering 225 of Japan’s largest companies.
