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What products are traded in Forex?
What products are traded in Forex?
Forex market can be traded in many currencies from currencies to commodities and indices, and products are divided into categories such as parity, commodity and CFD. It will be useful to recognize the products before proceeding.
Parity:
A country is the ratio of one currency to another,
For example, USDEURO means US Dollar / EURO, which is how much EURO 1 dollar is made.
Commodity:
Goods and products that are subject to commercialization, ie products such as gold, oil, silver, copper, platinum and coffee, wheat, corn, cocoa and cotton which have a spontaneous value and which are subject to commercial activities such as mining, energy and food.
CFD:
The original opening is Contract for Difference, which means the difference contract.
The characteristic of CFDs is that they are futures.
For example, you may prefer CFDs if you want to
trade in a certain spot rather than instantaneous processing in petroleum. The difference in price
during the CFD transactions for which opening and closing dates are known will be your profit or loss.
You can easily process all of the products we have specified via Meta Trader. You can easily buy / sell and track prices on products that are grouped as titles and sub-options on the platform.