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FXOpen: Three New Currency Pairs Added to Expand Asset Pool

WikiFX | 2023-05-31 11:49

Abstract:FXOpen expands the asset pool with three new currency pairs. USD/HUF, EUR/HUF, and USD/CZK offer increased trading opportunities in thriving markets. Learn more about the broker's commitment to customer service and enhancements to its services, including the elimination of trading commissions on index CFDs and a reduced minimum trade size. Catering to the diverse needs of global traders, FXOpen remains a reliable platform for seasoned traders in the global financial markets.

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FXOpen, a leading online foreign exchange trading firm, has recently announced the introduction of three new currency pairs to its portfolio.

The new offerings - USD/HUF (US Dollar/Hungarian Forint), EUR/HUF (Euro/Hungarian Forint), and USD/CZK (US Dollar/Czech Koruna) - are anticipated to furnish traders with increased opportunities for exposure to these rapidly expanding markets.

The launch of these new pairs comes in response to burgeoning demand from FXOpens global clientele. The inclusion of USD/HUF, EUR/HUF, and USD/CZK in its portfolio is a testament to FXOpen's ongoing commitment to customer service and dedication to offering a holistic trading experience.

Gary Thomson, FXOpen UK's Chief Operating Officer, elaborated on the development. He noted that while the Euro and the US Dollar have maintained relative stability, there has been a remarkable upswing in the value of the Hungarian Forint. Despite economic upheaval and geopolitical instability in the Western hemisphere, the Forint has demonstrated considerable fortitude, significantly strengthening since October of the previous year.

Prospective traders eager to engage with these new currency pairs can do so through their ECN accounts. The trading platforms offered by FXOpen, including MetaTrader 4, MetaTrader 5, and TickTrader, have these pairs readily available for trading.

FXOpen's introduction of these currency pairs is the latest move in a series of recent enhancements to its services. Notably, the broker has abolished trading commissions on index CFDs (Contracts for Difference) and has lowered the minimum trade size from 0.1 lot to 0.01 lot for the same. This reduction in trade size not only decreases the margin required for a trade but also allows clients to engage with index CFDs at a more accessible scale, thus broadening the flexibility and accessibility of their services.

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These initiatives further underscore FXOpen's dedication to catering to the diverse trading needs of its global customer base. By broadening its asset offering and implementing novel features, the firm is reinforcing its standing as a reliable broker for seasoned traders seeking lucrative opportunities in the global financial markets.

The company is dedicated to continually evolving and improving its services to provide a trading environment that aligns with the varied requirements of its clients. These developments serve as an affirmation of FXOpen's commitment to its clientele, confirming its place as a go-to platform for sophisticated traders looking to explore and capitalize on global financial markets.

To stay current with the latest news, get the WikiFX App on your mobile device. You can install the App from this link: https://social1.onelink.me/QgET/px2b7i8n.

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Related broker

Regulated
FXOpen
Company name:FXOpen EU Ltd
Score
6.56
Website:https://www.fxopen.com/en
10-15 years | Regulated in Cyprus | Regulated in United Kingdom | Market Maker (MM)
Score
6.56

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