What Products Does Foreign Exchange Include? Forex Products: Commodities, Stock Indices, Currency Pairs, Cryptocurrencies.

Forex, which takes its name from the acronym Foreign Exchange, is the world’s largest and most liquid financial market. Let’s take a look at the products traded in this market together.

Commodities: The most demanded products of this class are actually metals. Although the metal group consisting of ounces of gold, silver, platinum and copper moves slower than other products, it is seen as a safe haven by investors and is more likely to bring profits. In our next group, we have crude oil and spot natural gas, which are energy products. Geopolitical developments affect this group the most, especially the price of crude oil in the markets. Like metals, these products move slowly and often show instantaneous movements due to political events. Wheat, corn, cocoa, coffee and soybeans, which are agricultural commodities, are also products traded in the Forex market. You can earn much more by investing in these products in Forex instead of growing these products.

Stock Indices: Indices, which include the stocks of countries with strong economies in the world, are the products with the widest movement area and transaction volume in the Forex market.American indices Nasdaq includes Apple, Microsoft and Amazon companies and represents America’s 100 companies, S&P 500 companies, Russell 2000 companies and Dow Jones represents 30 companies traded on stock exchanges. Nasdaq has high value in the markets and is the most demanded index among investors.

As for European products, there are Dax/Ger40 representing 40 companies in Germany, Fra40 in France and Smi20 in Switzerland. Although not as highly valued as American indices, the Dax/Ger40 often competes with the Nasdaq index. Our latest index, the Ftse100 UK, hosts 100 of the UK’s companies.Although these indices, which are frequently affected by the economic developments of countries, inflation data and political agendas, are traded with technical analysis, they can show serious price changes at any time.

Currency Pairs: These currency pairs, which form the basis of this market, arise from the comparison of one country’s currency with another country’s currency. It consists of the currencies of countries with strong economies such as America, Germany, England, Australia and Japan.EURUSD represents the difference between the Euro and the US dollar. GBPUSD represents the British pound and the US dollar.USDCAD represents the US dollar and the Canadian dollar. USDJPY represents the US dollar and the Japanese Yen. AUDUSD represents the Australian dollar and the US dollar. USDCHF represents the US dollar and the Swiss franc.
These currency pairs are also popular products in the Forex market, but their range of action is not as wide as commodities and indices. Although they are affected by economic data and political developments, serious price changes are not observed because they represent the difference between the two countries.

Cryptocurrencies: Major cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin are traded with their dollar-denominated values.
Cryptocurrency markets, which are widely used today, also have high volume in Forex markets.

In summary, there are many products to be traded in Forex markets. The stock market does not have a limited product volume such as crypto or shares, but includes products with high volatility.You can trade on more than one product group without having to think about which products you should invest in. If you are interested in the stock market and follow global markets, you can trade on indices containing stocks, if you have knowledge in crypto, you can trade on crypto products, if you are a long-term investor and looking for a safe haven, you can trade on commodities, and finally, if you follow currencies in the stock market closely, you can trade on currency pairs.

Remember, you should not ignore the fact that you need to have fundamental and technical analysis knowledge when you trade with these products in Forex.

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