The most widely traded and potentially volatile markets in the world. It’s impossible to turn on a news station or read an article and not be told about the rise or fall in one of the major currencies and how this will affect the world’s economies.
$9 trillion is often quoted by news agencies as the total that is traded in these markets every day. It’s a number that can be difficult to comprehend, so let’s focus on how the FX markets can be traded as a spread bet and why they attract 80% of the total volume of the spread betting industry.
Spread betting on currencies allows you to support or oppose one currency versus another. It’s about backing your view as to whether, for example, the Euro is incorrectly valued against the British Pound (GBP), or if the US Dollar (USD) is too high against the Japanese Yen (JPY).
Core Spreads has over 30 currency pairs to bet on. These are all available on tight fixed spreads on our CoreTrader platform that don’t widen when volatility increases and are tradeable from just 50 pence per point move. This gives you the opportunity to take a position on many of the markets that will be making the daily headlines across the world.