CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade a Wide Range of Currency Pairs

Forex Trading - Everything about Foreign Exchange Trading

Forex trading is known to most investors from their holiday travels. But did you know that the foreign exchange market is many times bigger than the stock market? Up to $ 7.5 trillion change hands every day around the world.
In forex trading, investors rely on changes in exchange rates.

How Forex trading works and how to become a Forex trader at FXFlat, your CFD and Forex broker, is explained on this page.

Opportunities and Risks in Forex Trading

The foreign exchange market - also known as foreign exchange market, forex or "FX" - is a lever trade. This means that even small amounts of money can be moved. For each trade, only a security deposit, the so-called margin is deposited. If, for example, a 20: 1 lever is used, positions with a value of € 20,000 can be moved with a margin of € 1,000. Trader benefit fully from the price development, even if only a small amount is actually invested.

It should be noted, however, that the leverage can be knocked out in both directions. Thus, on the one hand disproportionately high profits and on the other very high losses possible. Therefore Forex trading is especially suitable for people who already have some trading experience. Comprehensive basic knowledge is essential for successful currency pair trading.

What Currency Pairs Are Available?

The majority of foreign exchange trading takes place in the major currencies: the US dollar, the euro, the yen, the pound, the Swiss franc, the Australian dollar and the Canadian dollar.

Currency pairs of the key currencies that contain the USD are referred to as "majors". Depending on convention, the New Zealand dollar is also counted among these.

Other currency pairs are referred to as "minors" or "crossing". A minor currency pair is composed of key currencies that are not the USD. So they are combination of the above mentioned key currencies.

"Exotic" is the term used for currency pairs that include a currency of a developing economy.

What Forex Pairs Are Tradeable at FXFlat?

Forex CFDs

Majors (EUR/USD ...)

Minors (GBP/EUR ...)

Exotics (EUR/ZAR ...)

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Forex Spot

Majors (EUR/USD ...)

Minors (GBP/EUR ...)


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Differences Between Trading Forex CFDs and Spot Forex

At FXFlat you are in the comfortable situation to trade currencies either with classic Forex CFDs or as spot foreign exchange transactions (Forex Spot) in direct Forex Kassa. In the following we would like to present you the most important differences and features.

Differences at a Glance

  Forex Spot Forex CFD
Leverage 1:200 up to 1:33
Spread from 1.0 from 0.6
Trading times 00:00 a.m. - 10:00 p.m. CET 24h
With rollover No. Only tradeable intraday. Yes
Pricing Multilateral Bilateral

Forex CFDs are derivatives issued by an issuer with a fixed reference to a specific reference market.
Spot foreign exchange transactions (forex spot), on the other hand, are the reference market itself and a spot transaction, i.e. the cash. The forex spot price of a currency pair, is determined by all market participants and not just by a single market maker or issuer as is the case with CFDs.

Digression: The price of a CFD from provider A is also determined only by him and may differ from provider B or even the reference market. In Forex Spot, bid and ask prices are set by different market participants and are completely independent of each other. There is no fixed spread between bid and ask prices. The price can even be inverse, so the spread is quoted in favor of the client.

Forex CFD trading is a bilateral OTC trade while spot forex trading is a multilateral OTC trade. This means that you have to buy a CFD only from the respective issuer, and it is also mandatory to sell it. In spot FX trading, for example, a currency can be bought at bank A and sold at bank B.

For the respective market participants (bank, market maker, etc.) it is not apparent whether a position is opened or closed in the securities account with a purchase or sale and there is also no participation in the profit or loss of the customer or investor. At FXFlat you can ask for each individual trade to be disclosed at which executing agency was bought or sold for you.

In Forex spot trading, a delivery of the traded currency with value date after 2 business days is provided - equivalent to the purchase of a share. However, FXFlat excludes a physical delivery. Background is that customers of FXFlat do not want a delivery of the currency. FXFlat also does not guarantee delivery as no overnight trading is offered and clients must close all positions intraday. Any open Forex spot positions are forcibly liquidated from 22h. Forex CFDs, on the other hand, are tradable 24 hours continuously and are charged with financing costs, which do not exist in Forex Spot trading at FXFlat. The value date in FX trading is 2 business days.

Forex Trading Hours

Forex CFDs can be traded at FXFlat in the period from Sunday to Friday continuously from 23:00 CET - 23:00 CET.
Forex Spot trading, on the other hand, is exclusively tradable intraday in the period from Monday to Friday 00:00 CET - 22:00 CET.

Important Terms in Forex Trading

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