What instruments can I trade?
Modified on Thu, 5 Nov at 6:50 AM
Pivex offers a diverse range of instruments for trading on MatchTrader, across five asset classes: forex pairs, commodities, indices, cryptocurrencies and stocks. The availability of certain instruments may vary based on the current market conditions and your specific account type, so check your platform to see the latest list of available instruments and their associated spreads.
Forex Pairs
The most popular instruments for traders worldwide, forex pairs represent the value of one currency relative to another. At Pivex, you have access to major, minor, and exotic currency pairs.
- Major Pairs: the most traded currencies globally, like EUR/USD, GBP/USD and USD/JPY. These pairs are typically more liquid and have lower spreads.
- Minor Pairs: pairs that do not include the US dollar but still involve two major currencies, like EUR/GBP or GBP/JPY.
- Exotic Pairs: a major currency combined with a currency from an emerging or smaller economy, such as USD/TRY (US Dollar/Turkish Lira) or EUR/ZAR (Euro/South African Rand). Exotic pairs can have wider spreads due to lower liquidity.
Example: if you believe the Euro will strengthen against the US Dollar, you might buy EUR/USD. If the price of EUR/USD moves higher, you can profit from the increase in value.
Spreads
Spreads refer to the difference between the buy price (ask) and sell price (bid) of an asset. In general, assets with higher liquidity, such as major currency pairs like EUR/USD, tend to have tighter spreads, while more volatile or less liquid assets like exotic pairs or cryptocurrencies may have wider spreads.
If you have any questions or need further information on a specific instrument, reach out to our support team through Live Chat or Email. To sharpen your knowledge, visit our Trading Academy, which offers courses, trading tips and resources on risk management, technical analysis and market psychology.
Related: Which commodities and indices can I trade at Pivex? · Can I trade crypto and stocks at Pivex?