Forex
Forex trading, also known as Foreign Exchange, currency trading or FX is a global market for trading one currency for another one from a different country. Centrio Global offers over 60+ Forex currency pairs. Access the world's forex markets and get tight spreads, starting from as low as 0.0 pips.
Why Trade Forex with Centrio Global
The global foreign exchange market is one of the fastest, most liquid and exciting markets. Join thousands of traders who are already trading with Centrio Global, a multi award-winning global broker, offering over 70 Forex pairs in all the major currencies, 24 hours a day, 5 days a week. All major currency pairs include the US dollar (USD) as either the base or counter currency. Majors include pairs like the GBP/USD, EUR/USD, and USD/JPY.
Centrio Global offers you consistently tight spreads, starting from as low as 0.0 pips. We’ve partnered with leading banking and non-banking financial institutions to ensure a deep liquidity pool, so that you get the best available market prices and ultra-low latency order execution.
What are the benefits of Forex trading?
- Trade on spreads from 0.0 pips
- Leverage options up to 1000:1
- 70+ currency pairs
- The Forex markets are open 24 hours a day, 5 days a week
- Award-winning multilingual customer support
- No price manipulation, no requotes and no dealing desk
- Benefit from low margin, low-cost trading
- High speed trade execution from Equinix servers
What is Forex Trading?
Forex trading involves buying one currency and selling another simultaneously. Through careful analysis, traders predict the potential direction of currency prices and attempt to capture gains based on price fluctuations. There is no centralised exchange for forex trading. Rather, it takes place electronically or online, between networks of global computers. The market is open 24 hours a day, 5 days a week.
What is the Best Platform to Trade Forex?
Discover the benefits of Forex trading on one of the most powerful trading platforms available, MetaTrader 5 (MT5). Available across desktop and mobile platforms the MetaTrader 5 platform is ready when you are.
- Spreads from 0.0 pips & leverage up to 500:1
- Customisable interface, including colours of technical indicators
- One-click trading
- MarketWatch
- Live price streaming on Live accounts and Demo accounts 128-bits encryption for secure trading
- Expert Advisors (EAs)
- Customisable alerts
- Compatible with iOS, Android and Mac devices
Trade Forex with a Global
Regulated Forex Broker
Access the forex market with a professional forex trading experience by opening a trading account with Orlan Capital. With advanced charting tools for informed decision-making, fundamental and technical analysis, the support of an experienced team, live streaming of prices and low latency execution.
Forex Trading Example
Forex Trading Example
Where the underlying asset is the AUD/USD currency pair, also known as the “Aussie.” Let us suppose that the AUD/USD pair is trading at:
You decide to buy AUD 20,000 because you think that the AUD/USD price will rise in the future. Your margin rate is 5%. This means that you need to deposit 5% of the total position value into your margin account.
Now, in the next hour, if the price moves to 0.6880/0.6882, you have a winning trade. You could close your position by selling at the current price of AUD 0.6880.
In this case, the price moved in your favour. But, had the price declined instead, moving against your prediction, you could have made a loss. If that loss was higher than AUD 14.94 AUD, your broker would have issued a margin stop out.
| If the price of AUD/USD | To | You could Gain or Lose for a Long Position | Resulting in a Return of the Initial Margin |
| Rises by 1% | 0.7541/0.7542 | AUD 1980 | 6630% |
| Declines by 1% | 0.7392/0.7393 | AUD -2020 | -6764% |
Forex Spreads
| Symbol | Product | Standard A/c | Raw ECN A/c | ||
| Avg | Min | Avg | |||
| AUDCAD | Australian Dollar vs Canadian Dollar | 1.3 | 0 | 0.5 | |
| AUDCHF | Australian Dollar vs Swiss Franc | 1.6 | 0 | 0.5 | |
| AUDJPY | Australian Dollar vs Japanese Yen | 1.6 | 0 | 0.5 | |
| AUDNZD | Australian Dollar vs New Zealand Dollar | 1.4 | 0 | 0.6 | |
| AUDSGD | Australian Dollar vs Singapore Dollar | 4.1 | 0 | 2.6 | |
| AUDUSD | Australian Dollar vs US Dollar | 1.2 | 0 | 0.2 | |
| BWPUSD | Botswanan Pula vs US Dollar | 1.7 | 0.8 | 0.9 | |
| CADCHF | Canadian Dollar vs Swiss Franc | 1.3 | 0 | 0.5 | |
| CADJPY | Canadian Dollar vs Japanese Yen | 1.6 | 0 | 0.5 | |
| CHFJPY | Swiss Franc vs Japanese Yen | 2.1 | 0 | 1 | |
| CHFSGD | Swiss Franc vs Singapore Dollar | 5.3 | 0.9 | 4.2 | |
| EURAUD | Euro vs Australian Dollar | 1.6 | 0 | 0.5 | |
| EURCAD | Euro vs Canadian Dollar | 2.2 | 0 | 0.6 | |
| EURCHF | Euro vs Swiss Franc | 1.5 | 0 | 0.4 | |
| EURCZK | Euro vs Czech Koruna | 108.8 | 0 | 88.6 | |
| EURDKK | Euro vs Danish Krone | 18.7 | 2.4 | 12.8 | |
| EURGBP | Euro vs Great Britain Pound | 1.4 | 0 | 0.3 | |
| EURHUF | Euro vs Hungarian Forint | 242.6 | 0 | 39.1 | |
| EURJPY | Euro vs Japanese Yen | 1.6 | 0 | 0.5 | |
| EURMXN | Euro vs Mexican Peso | 84.9 | 0 | 64.9 | |
| EURNOK | Euro vs Norwegian Krone | 59.2 | 0 | 51.7 | |
| EURNZD | Euro vs New Zealand Dollar | 2 | 0 | 0.9 | |
| EURPLN | Euro vs Polish Zloty | 28.5 | 0 | 25.2 | |
| EURSEK | Euro vs Swedish Krona | 66.7 | 0 | 61.2 | |
| EURSGD | Euro vs Singapore Dollar | 4.1 | 0 | 3 | |
| EURTRY | Euro vs Turkish Lira | 299.9 | 91.3 | 296.8 | |
| EURUSD | Euro vs US Dollar | 1.1 | 0 | 0.1 | |
| EURZAR | Euro vs South African Rand | 136.1 | 14 | 124.5 | |
| GBPAUD | Great Britain Pound vs Australian Dollar | 1.8 | 0 | 0.7 | |
| GBPCAD | Great Britain Pound vs Canadian Dollar | 1.8 | 0 | 0.7 | |
| GBPCHF | Great Britain Pound vs Swiss Franc | 2.2 | 0 | 1.1 | |
| GBPDKK | Great Britain Pound vs Danish Krone | 25.1 | 4.9 | 19.1 | |
| GBPJPY | Great Britain Pound vs Japanese Yen | 1.9 | 0 | 0.8 | |
| GBPMXN | Great Britain Pound vs Mexican Peso | 102.9 | 17 | 82.9 | |
| GBPNOK | Great Britain Pound vs Norwgian Crona | 66.5 | 6.4 | 59 | |
| GBPNZD | Great Britain Pound vs New Zealand Dollar | 2.8 | 0 | 1.3 | |
| GBPPLN | Great Britain Pound vs Polish Zloty | 45.3 | 8.9 | 43.8 | |
| GBPSEK | Great Britain Pound vs Swedish Krona | 105.3 | 19.3 | 100.6 | |
| GBPSGD | Great Britain Pound vs Singapore Dollar | 5.3 | 0 | 4.1 | |
| GBPTRY | Great Britain Pound vs Turkish Lira | 493.9 | 67.9 | 487.6 | |
| GBPUSD | Great Britain Pound vs US Dollar | 1.3 | 0 | 0.3 | |
| NZDCAD | New Zealand Dollar vs Canadian Dollar | 1.4 | 0 | 0.6 | |
| NZDCHF | New Zealand Dollar vs Swiss Franc | 1.4 | 0 | 0.6 | |
| NZDJPY | New Zealand Dollar vs Japanese Yen | 1.6 | 0 | 0.5 | |
| NZDSGD | New Zealand Dollar vs Singapore Dollar | 5.9 | 2.4 | 4.8 | |
| NZDUSD | New Zealand Dollar vs US Dollar | 1.4 | 0 | 0.2 | |
| USDBRL | US Dollar vs Brazilian Real | 42.7 | 22.4 | 32.7 | |
| USDCAD | US Dollar vs Canadian Dollar | 1.3 | 0 | 0.3 | |
| USDCHF | US Dollar vs Swiss Franc | 1.6 | 0 | 0.4 | |
| USDCLP | US Dollar vs Chilean Peso | 1140.8 | 10 | 1129.9 | |
| USDCNH | US Dollar vs Chinese Yuan | 1.9 | 0 | 0.8 | |
| USDCOP | US Dollar vs Colombian Peso | 7545.9 | 5900 | 7528.2 | |
| USDCZK | US Dollar vs Czech Koruna | 116.8 | 0 | 99.4 | |
| USDDKK | US Dollar vs Danish Krone | 17.1 | 0 | 11.1 | |
| USDHKD | US Dollar vs Hong Kong Dollar | 8.2 | 1.2 | 7.1 | |
| USDHUF | US Dollar vs Hungarian Forint | 253.5 | 0 | 43.4 | |
| USDINR | US Dollar vs Indian Rupee | 21.6 | 10 | 11.6 | |
| USDJPY | US Dollar vs Japanese Yen | 1.3 | 0 | 0.2 | |
| USDKES | US Dollar vs Kenyan Shilling | 9997.2 | 3210 | 9995.5 | |
| USDKRW | US Dollar vs Korean Won | 73.1 | 19 | 63.2 | |
| USDMXN | US Dollar vs Mexican Peso | 52.2 | 0 | 46.3 | |
| USDNOK | US Dollar vs Norwegian Krone | 49.1 | 0 | 40.6 | |
| USDPLN | US Dollar vs Polish Zloty | 29.4 | 0 | 25.7 | |
| USDSEK | US Dollar vs Swedish Krona | 59.2 | 0 | 50.5 | |
| USDSGD | US Dollar vs Singapore Dollar | 2.2 | 0 | 1.4 | |
| USDTHB | US Dollar vs Thai Baht | 216.5 | 30 | 196.8 | |
| USDTRY | US Dollar vs Turkish Lira | 353.4 | 28.4 | 348.6 | |
| USDTWD | US Dollar vs New Taiwan dollar | 2.7 | 0.5 | 1.9 | |
| USDUGX | US Dollar vs Ugandan Shilling | 520 | 510 | 510 | |
| USDZAR | US Dollar vs South African Rand | 94.9 | 0 | 84 | |
| USDZMW | US Dollar vs Ugandan Shilling | 1514.2 | 1135 | 1498.6 | |