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Understanding cross-currency pairs
Jim Alvarez was a forex trader who usually traded major currency pairs. In 2016, when talks of Brexit were making headlines, he decided to include cross-currency pairs in his trading
16th June 2022
Jim Alvarez was a forex trader who usually traded major currency pairs. In 2016, when talks of Brexit were making headlines, he decided to include cross-currency pairs in his trading
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The information contained in this academy is for educational purposes only and is not intended as financial or investment advice.
CFDs are considered complex derivatives and may not be suitable for retail clients.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The products mentioned here may be affected by changes in currency exchange rates. If you invest in these products, you may lose some or all of your investment and the value of your investment may fluctuate. You should never invest money that you cannot afford to lose and never trade with borrowed money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.