Trade the Largest Financial Market in the World
The foreign exchange market — commonly known as forex or FX — is the global marketplace for trading national currencies. With daily turnover exceeding $9.6 trillion as of 2025, it is by far the largest and most liquid financial market in existence, dwarfing equities, bonds, and commodities combined.
Forex operates as a decentralised over-the-counter (OTC) market, meaning there is no single exchange. Instead, currencies are traded electronically across a global network of banks, institutions, and brokers, 24 hours a day from Sunday evening to Friday night (UK time). This continuous operation spans three major trading sessions — London, New York, and Asia-Pacific — giving traders the flexibility to respond to market-moving events in real time, regardless of time zone.
London remains the undisputed centre of global forex trading, accounting for approximately 38% of all daily volume. For UK-based traders, this means direct access to the deepest liquidity pool during the hours that matter most — the London session and its overlap with New York, when spreads tend to be tightest and price action most active.
How Forex Trading Works
Every forex trade involves two currencies, quoted as a pair. The first currency listed is the base currency, and the second is the quote currency. The price of a pair tells you how much of the quote currency is required to purchase one unit of the base currency.
For example, if GBP/USD is quoted at 1.2750, it means one British pound buys 1.2750 US dollars. If you believe the pound will strengthen against the dollar, you would buy (go long) GBP/USD. If you expect the pound to weaken, you would sell (go short). Your profit or loss is determined by the direction and magnitude of the price movement after you enter the trade.
The difference between the buy (ask) and sell (bid) price is called the spread, and it represents the primary cost of trading. The tighter the spread, the lower the cost of entry — which is why highly liquid pairs such as EUR/USD and GBP/USD are popular with active traders.
Currency Pair Categories
Forex pairs are grouped into three categories based on trading volume, liquidity, and the economies involved. Each category has distinct characteristics that suit different trading styles and levels of experience.
Major Pairs
Major pairs always include the US dollar on one side and represent the most heavily traded currencies in the world. They offer the tightest spreads, highest liquidity, and the most predictable price behaviour — making them the natural starting point for most traders.
Minor Pairs
Minor pairs (also called cross pairs) consist of two major currencies without the US dollar. They typically carry slightly wider spreads than majors but still offer strong liquidity, particularly during sessions when both constituent currencies are actively traded.
Exotic Pairs
Exotic pairs combine a major currency with the currency of an emerging or smaller economy. These pairs tend to have wider spreads, lower liquidity, and higher volatility — driven by political and macroeconomic factors specific to the smaller economy. They are generally suited to experienced traders.
Top Currencies Available on Aevergreen
The currencies listed below form the foundation of the most actively traded pairs on our platform. Each plays a distinct role in the global economy and responds to specific macroeconomic drivers.
| Currency | Code | Key Drivers |
|---|---|---|
| US Dollar | USD | Federal Reserve policy, US economic data, global risk sentiment |
| Euro | EUR | ECB monetary policy, Eurozone GDP and inflation |
| British Pound | GBP | Bank of England rates, UK employment and CPI data |
| Japanese Yen | JPY | BoJ policy, interest rate differentials, safe-haven flows |
| Australian Dollar | AUD | RBA decisions, commodity prices, China trade data |
| Canadian Dollar | CAD | Oil prices, BoC policy, US–Canada trade relations |
| Swiss Franc | CHF | SNB policy, safe-haven demand, Eurozone stability |
| New Zealand Dollar | NZD | RBNZ rates, dairy exports, regional sentiment |
Why Trade Forex with Aevergreen
Aevergreen provides the tools, execution, and support that active forex traders require — whether you are trading GBP/USD during the London open or monitoring USD/JPY through the Asian session.
Competitive Spreads
Access tight, transparent pricing across all major, minor, and exotic currency pairs — designed to keep your trading costs low.
Broad Pair Selection
Trade a wide range of forex pairs with varying maturity and risk profiles, from high-liquidity majors to opportunity-rich exotics.
Advanced Trading Tools
Utilise charting packages, technical indicators, risk management features, and real-time price alerts to support your strategy.
Dedicated Support
Our team is available throughout market hours to assist with account queries, platform guidance, and trade-related questions.
What Moves Forex Prices
Currency values are shaped by a combination of macroeconomic data, central bank policy, geopolitical events, and broader market sentiment. Understanding these drivers is essential for making informed trading decisions.
Interest rates are the single most important factor. Central banks — including the Bank of England, the Federal Reserve, and the European Central Bank — set benchmark rates that influence capital flows between economies. Higher rates tend to attract foreign investment, strengthening the domestic currency.
Economic indicators such as GDP growth, employment figures, inflation data (CPI), and trade balances provide insight into the health of an economy. Stronger-than-expected data typically supports a currency; weaker data can put it under pressure.
Geopolitical developments — including trade policy changes, elections, and international disputes — introduce uncertainty and can trigger sharp moves, particularly in less liquid pairs. The BIS Triennial Survey noted that trade policy announcements contributed to elevated FX volatility and a significant surge in trading activity in early 2025.
Market sentiment often drives price independently of fundamentals. In risk-off environments, traders tend to move into safe-haven currencies such as the US dollar, Japanese yen, and Swiss franc. In risk-on conditions, higher-yielding currencies like AUD and NZD may benefit.
