What instruments can I trade?

Pivex offers a diverse range of instruments for trading on MatchTrader, allowing you to explore and capitalize on various market opportunities. Whether you’re a forex trader, a commodity trader, or someone interested in stocks or cryptocurrencies, we provide you with access to a broad spectrum of asset classes.

Here’s a detailed breakdown of the different instruments available on the platform:

1. 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: These pairs include 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: These are currency pairs that do not include the US dollar but still involve two major currencies, like EUR/GBP or GBP/JPY.
• Exotic Pairs: These pairs combine a major currency 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.

2. Commodities

Commodities are raw materials or primary agricultural products that can be bought and sold. At Pivex, you can trade some of the most popular commodities that play a significant role in the global economy.

• Gold (XAU/USD): One of the most traded commodities, often seen as a safe-haven asset.
• Oil (WTI and Brent Crude): Both types of crude oil are widely traded, and their prices are heavily influenced by geopolitical events, economic data, and natural resource discoveries.
• Silver (XAG/USD): Another precious metal commonly traded, often used as a hedge against inflation or economic uncertainty.

Example:

If you expect the price of Gold to rise due to economic uncertainty, you might buy XAU/USD. If the price increases, you can sell at a profit.

3. Indices

An index is a measurement of a section of the stock market, and it represents a group of stocks from a particular industry or market. Trading indices allows you to speculate on the overall movement of these markets, rather than individual stocks.

• NAS100 (NASDAQ 100): This index includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange, primarily tech-focused.
• SPX500 (S&P 500): An index that tracks the 500 most significant publicly traded companies in the U.S. market.
• UK100 (FTSE 100): This index includes the 100 largest companies on the London Stock Exchange.

Example:

If you believe the S&P 500 will rise due to positive economic news, you can buy SPX500. If the index moves higher, you can profit from the increase.

4. Cryptocurrencies

Cryptocurrencies are digital currencies that rely on cryptographic principles for security. These are traded on different exchanges and are known for their high volatility, making them attractive for traders who want to capitalize on fast price movements.

• Bitcoin (BTC/USD): The most well-known cryptocurrency, often seen as digital gold.
• Ethereum (ETH/USD): The second-largest cryptocurrency by market cap, widely used for decentralized applications.
• Dogecoin (DOGE) It is based on Litecoin and uses the same proof-of-work technology.
• You can also trade other popular altcoins like Ripple (XRP), Litecoin (LTC), and more.

Example:

If you believe Bitcoin will increase in value, you might buy BTC/USD. If the price moves upwards, you can close the trade at a profit.

5. Stocks

At Pivex, you can trade individual stocks of major publicly listed companies. This gives you the ability to speculate on the price movements of well-known corporations across various industries.

• Apple (AAPL): One of the largest tech companies globally, often used as a barometer for the broader market.
• Tesla (TSLA): A leader in the electric vehicle sector with high volatility and price movement.
• Meta (META): Formerly Facebook, a major player in social media and virtual reality.
• Google (GOOGL): A tech giant with its vast reach in search, cloud computing, and advertising.

Example:

If you believe Tesla will rise after announcing a new electric vehicle, you can buy TSLA and potentially profit from the movement in its stock price.

The availability of certain instruments may vary based on the current market conditions and your specific account type. Make sure to check your platform to see the latest list of available instruments and their associated 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.

Customizable Tools for Each Instrument

MatchTrader offers customizable charts and technical indicators for each instrument, allowing you to tailor your analysis and trading strategy to your preferences. Some popular tools include:

• Moving Averages: To identify trends.
• RSI (Relative Strength Index): To identify overbought or oversold conditions.
• Fibonacci Retracements: To help identify potential reversal levels in the market.

Example:

If you’re trading Bitcoin (BTC/USD) and notice the price is approaching a significant support level, you might use the RSI to check if the asset is oversold. If it shows that Bitcoin is oversold, you might consider buying BTC, anticipating a rebound.

If you want to know more, go to Pivex Academy and sharpen your knowledge. Pivex Academy is an essential resource for traders at all levels, offering comprehensive educational materials to help you develop and refine your trading skills. Whether you’re just starting out or looking to enhance your strategies, Pivex Academy provides access to expert-led courses, trading tips, and in-depth resources on risk management, technical analysis, and market psychology. With continuous updates to keep up with the latest trends, Pivex Academy ensures you’re equipped with the knowledge needed to succeed in the fast-paced world of trading.

At Pivex, you can have access to a wide range of financial instruments to help you diversify your trading strategy and take advantage of various market opportunities. Whether you’re focused on forex, commodities, cryptocurrencies, indices, or stocks, you’ll find the tools and instruments you need to succeed.

If you have any questions or need further information on a specific instrument, our support team is always here to assist you. Simply reach out through Live Chat or Email, and we’ll help guide you through your trading journey.