What are Forex Investment Tools?

Forex is a rich investment market among investment tools. You can find and evaluate a wide range of investment products in the Forex market. The investment products offered by Forex companies do not end with only EURusd, gold, dollar and TL. There is almost no limit to the products you can trade in the Forex market. From agricultural products such as cocoa, coffee, soybeans; You will come across a variety of investment products that will surprise you, from commodities such as gold and copper. Considering that there are forex firms that even offer the cryptocurrency Bitcoin, it is normal that there are no borders.

Many of these investment products are interrelated. So when you follow a few of them, read the analysis and news, you actually get to know about the prices and trends of many investment products. Specializing in several investment products and making your investments based on specific analysis and news is the most important way to make a profit. Moreover, you can trade these products 24 hours a day, 5 days a week. For this reason, forex continues to be seen as the best investment tool by many economic circles.

Forex Investment Tools; Parities

In Forex, we can say that the ratio of currencies against each other is parity. For example, when you trade in the EUR/USD parity, you enter the trade by expecting an increase or decrease in the price of the euro against the dollar. There are hundreds of pairs in the Forex market. However, the mainly concentrated pairs are called major parities. Major pairs consist of major currencies and cover the weight of transactions in forex. In the infographic below, you can see the major currencies, major pairs and less traded exotic pairs.

We can list some of the other currency parities as follows:

EUR/USD (euro, dollar), GBP/USD (pound), USD/JPY (Japanese yen), AUD/USD (Australian dollar), NZD/USD (New Zealand dollar), GBP/JPY, GBP/CHF (Swiss franc), USD/CHF, USD/CAD (Canadian dollar), EUR/GBP, EUR/AUD, EUR/CHF, EUR/JPY, CAD/JPY, AUD/NZD, AUD/CAD, AUD/CHF, AUD/JPY , CHF/JPY, EUR/NZD, EUR/CAD, CAD/CHF, NZD/JPY, GBP/AUD, GBP/CAD, GBP/NZD, NZD/CHF, NZD/CAD, USD/ZAR (South African Rand), USD/HKD (Hong Kong Dollar), USD/PLN (Polish Zloty), USD/ILS (Israeli Shekel), USD/MXN (Mexican Peso), USD/TRY, USD/SGD , USD /HUF (Hungarian Forint), USD/NOK (Norwegian Krona), USD/SEK, USD/DKK (Danish Krona), EUR/TRY, EUR/ZAR, EUR/HUF, EUR/NOK, EUR/SEK , EUR/PLN, EUR/HKD, AUD/SGD, NZD/SGD, SGD/JPY

Other Tools; Commodities

Commodity literally means all of the goods that can be traded. Since the first ages of history, we have attributed high values ​​to some commodities. We have seen metals, such as gold, that do not react chemically and that can be easily formed, as a means of storing and trading value. Now we come across commodities as an investment tool in forex. It is possible to find a variety of commodities in Forex, from gold to soybeans, from heating oil to beef. However, the most traded ones are, of course, gold, oil, silver and natural gas. The letter X is used in forex for precious metals such as gold and silver. XAU represents gold in forex because the symbol of gold is AU, and XAG represents silver in forex because the symbol of silver is AG.

We can list some commodities traded in Forex as follows:

GOLD, SILVER, PETROLEUM, BRENT PETROLEUM, COCOA, SOYBEAN, SUGAR, CORN HEATER FUEL, NATURAL GAS, GASO OIL, BEEF

In addition, stock market indices are among the investment instruments that are often traded in forex.

DOW JONES (American Stock Exchanges), S&P 500, NASDAQ, UK100 – FTSE (England Stock Exchange), GERMANY 30 – DAX (German Stock Exchange), CAC40 – FRANCE (France Stock Exchange)

As you can see, the investment tools traded in forex are not limited to counting, moreover, these are investment products that you can find in almost every institution. You can invest in the rise or fall of all these, and you can benefit from leverage ratios of up to 1/500 in many institutions. Many forex companies allow you to adjust the leverage ratios as you wish. You can also use 1/1 leverage if you wish. Leverage rates will be shaped according to your risk management. In order to make profitable investments, it is necessary to use the leverage feature efficiently.

SEE ALSO; Best Payment Technologies For Forex Brokers

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *