The FXOpen UK Team
FXOpen is delighted to announce it has recently added the Hungarian forint and Czech koruna to its asset pool, paired with the US dollar and euro: USD/HUF, EUR/HUF, USD/CZK.
The broadening of the selection of currency pairs is due to increased client demand for these markets.
FXOpen UK Chief Operating Officer, Gary Thomson, observes: “Whilst the euro and US dollar have been relatively steady, and in the case of the dollar there has been a strong performance for a long time, despite economic challenges and geopolitical woes across the Western world, the Hungarian forint has been increasing in value quite dramatically. Since October last year, the forint has been appreciating against the euro. In October 2022, the forint was trading around 432 to the euro, whereas today it is trading at 372.”
Clients wishing to trade the new currency pairs can find them in the MetaTrader 4, MetaTrader 5 and TickTraderplatforms, available for trading via an ECN account.
This addition is the latest in a line of improvements that have been made recently. You may remember FXOpenintroduced commission-free trading on Index CFDs, since we recognize how crucial zero commission is to traders.
Additionally, the minimum trading size for index CFDs has also been reduced at FXOpen from 0.1 lot to 0.01 lot. This reduces the amount of margin needed to execute a trade and enables traders to trade index CFDs in smaller lots.