Forex Trading

We have over 40 major and minor Forex pairs. Use your own strategies for minimum slippage.

Why Trade Forex With Us

Eightcap's award winning trading platforms

Trade effortlessly on intuitive, market-leading platforms designed and built for traders worldwide via our cutting-edge technology infrastructure.

Spreads from 0.0 pips

Trade FX on a Raw Account to take advantage of institutional-grade pricing. The price you need when you need it.

Personal Customer Support

Find your feet with our two personalized account offerings. Our multilingual team is available to help you navigate the financial markets. You can trade at your own pace knowing we are only a phone call away.

Multi jurisdiction regulation

Established in Australia and now regulated in multiple jurisdictions.

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Choose Your Trading Platform

Trade Forex on Eightcap's award winning trading platforms across webtrader, desktop and mobile, all on our powerful and secure technology infrastructure.

Key features of Eightcap's award winning trading platforms

Mobile & Desktop
From Zero Spread
Award-winning platform
Instruments in 9 time-frames
30 pre-installed indicators

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What is Forex Trading?

The FX market is considered to be the most liquid market in the world. Forex is traded in currency pairs and is traded over the counter (OTC), this where trading occurs between two parties directly without the use of a central exchange. Forex pairs can be traded on different timeframes ranging from seconds to months. Market movements occur within FX and can cause the price to fluctuate. This can be due to external factors affecting the price of a currency, such as politics.

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Trading Forex Currency Pairs

At Eightcap we provide you with full access to over 40 major and minor currency pairs, you will be able to find this via Eightcap's trading platform.

EUR/USD

The EUR/USD is the most heavily traded currency pair in the market, contributing 24% to the daily forex trades made in the OTC market in 2019. This particular currency pair represents two of the worlds largest economies - the European market and the U.S., therefore, making it the currency pair with the tightest spreads due to its high liquidity.

USD/JPY

Also known as the Gopher this currency pair is the second most traded within the FX market. The Yen is mostly affected by factors which hit the Asian stock market. The Federal Reserve, as well as the Bank of Japan, will have an influence over the market movement for USD/JPY.

USD/CAD

The USD/CAD is also known as the Loonie (this is due to the loon bird which makes an appearance on Canadian dollar coins) and correlates with commodity prices, oil in particular as this is Canada's main export. It is also affected by the interest rate differential between the US and Canada.

USD/CHF

The Swiss Franc can be used as a safe haven for most currency traders and will appreciate in value when markets become more risk-averse, and lose ground when risk appetite increases. This pair is frequently traded during geopolitical events and economic crisis.

AUD/USD

The AUD is recognized as another commodity currency due to the country's exports in metals and minerals, therefore, it displays strong trends due to the cyclical nature of the commodities. You will be able to see the value of the AUD rising when commodity prices rise which is different to other currencies such as the USD. In this case, traders will most likely go long when trading the AUD/USD.

GBP/USD

The GBP/USD is probably the oldest currency pair in the FX, the pair is also known as the 'cable' and refers to the telegraph wires used to send bid and sell orders between London and New York. Both the USA and the UK have large employment numbers and both centre around the service sector heavily, which has an overall effect on the annual GDP of both countries.

Frequently Asked Questions

Risk warning: Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment