To cater to the needs of traders and investors and create a more accessible trading environment, the global brokerage FXOpen has recently expanded its range of tradable currencies by introducing the Hungarian Forint (HUF) and Czech Koruna (CZK).
With these new additions, the broker opens up exciting opportunities for traders interested in these emerging markets, allowing them to pair these currencies with the United States Dollar (USD) and Euro (EUR).
Traders can now conveniently access these currency pairs through FXOpen's trading platforms, which include MetaTrader4, MetaTrader 5, and TickTrader.
This decision to diversify the currency pairs stems from the growing demand among FXOpen traders. By offering USD/HUF, EUR/HUF, and USD/CZK currency pairs, FXOpen continues to place customer satisfaction at the forefront and ensure a comprehensive trading experience for everyone.
Gary Thomson, the Chief Operating Officer of FXOpen UK, shared his insights, saying, "While the euro and US dollar have maintained relative stability, the Hungarian forint has shown significant appreciation. This unmistakable upward trend reflects a considerable increase in its value compared to its previous levels".
This latest addition follows the multi-regulated brokerage's introduction of commission-free index CFD trading and a reduction in the minimum trade size for index CFDs from 0.1 lot to 0.01 lot. This change implies that traders will need less margin to execute trades, making it possible for clients to engage in Index CFDs on a smaller scale.