Why Trade Forex with TradeDirect365?

TradeDirect365 allows you to take a position on all the major Forex pairs throughout the world with tight fixed spreads and no commission.

Trade popular Forex pairs such as AUD/USD & EUR/USD from a very tight 0.3 pips spread – with no added commission.

Plus our Forex spreads remain fixed 24/5 so you know exactly how much each trade is going to cost you, even during times of volatility.

Major Forex Market Information

Forex Pair

Min. (Fixed) Spread

Margin From


0.3 points



0.4 points



0.5 points



1.0 points 


How Do You Trade Forex?

Trading Forex via a broker’s trading platform gives traders the ability to speculate on the price movement of a currency pair without having to purchase any foreign exchange. Currencies are always traded as a pair – you are essentially buying one currency and selling another at the same time. If you believe that a currency pair will rise in value, you would open a BUY trade (go long) or, if you think a currency pair will decline in value, you would open a SELL trade (go short).

Currency Price Board


  • You think that the Australian dollar (AUD) will increase against the US dollar (USD), so you enter a BUY trade on AUD/USD at 0.75000
  • 2 days later AUD/USD has risen to 0.75800.
  • If you decide to close the trade at this point, you would have made a profit as AUD/USD has increased from 0.75000 to 0.75800, an increase of 80 pips
  • However, if AUD/USD had of declined in value, to say 0.74300 (from 0.75000), then you would have made a loss on that trade.

It is worth pointing out that you can also make a profit (or loss) from a falling market. That is, you can speculate that a particular currency will decline in value buy opening a sell trade. If it indeed does decline in value, you will make a profit on that trade.

What Are FX Pairs?

As mentioned above, all currencies are traded as a pair – you cannot have one without the other. FX pairs are typically divided into three main groupings, major, minor and exotic;

Major FX pairs

Are the most-traded currency pairs in the world (based on daily trade volume) and all contain the US Dollar (USD) on one side of the pair, i.e. EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, AUD/USD and NZD/USD. Major FX pairs are the most liquid and will generally have the lowest spreads attached to them. The seven major FX pairs account for c., 80% of all daily FX trading globally, with EUR/USD volume around 30% of all FX trades.

Minor FX pairs

Currency pairs that do not contain the US Dollar are known as cross-currency or minor currency pairs. The most traded minor pairs are derived from the 3 major non-USD currencies – the Euro, the GBP and the Japanese Yen. Examples of minor pairs include: EUR/GBP, EUR/AUD, AUD/JPY, GBP/AUD and GBP/CAD.

Exotic FX pairs

These FX pairs are made up of a major currency mixed with the currency of an emerging economy, or a strong-but-smaller economy like Norway or Singapore. Some exotic FX pairs include: USD/NOK, USD/HKD and EUR/TRY.