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Parity refers to the exchange rate between the currencies of the two countries. The first currency written in the pair is the main (base), and the second currency written is the counter currency. For example; In the USD/EUR pair, USD is the main (base) currency, while EUR is the counter currency.
Forex, the world's largest financial market, attracts many investors with its leverage feature, which offers the opportunity to invest in a larger volume with less capital with a trading volume of over $ 5 trillion on a global scale.
In the Forex market, which has this large trading volume, you can easily trade in Major, Minor and Exotic pairs with the assurance of Goldenvest.
The foreign exchange market in the world is the largest financial market. With money flows of over $5 trillion, they are the most traded major pairs in the world. With over $5 trillion flowing globally every day, it is the world's most traded investment option.
Trading two major currencies is called a Major parity. It is possible to list it as GBP/USD, AUD/USD, NZD/USD, USD/JPY, USD/CHF and USD/CAD, especially EUR/USD.
The combination of a minor pair and a major pair is called a minor parity. Since the minor pairs are mostly used by local investors, we can list them as USD/NZD, USD/HKD, USD/SGD, USD/ZAR, GBD/CAD and USD/HKD.
The combination of the currencies of developing countries and a major currency is called exotic parity.
Exotic pairs are pairs that are less liquid and highly volatile. For example, Mexican Peso, South African Rand, Russian Ruble, Indian Rupee and Hong Kong Dollar.
Commodity markets, along with global foreign exchange markets, offer a variety of investment opportunities for retail traders worldwide. Soft commodities such as sugar, wheat or corn have been traded for centuries, and investors' preference for these financial derivatives is attributed to the huge role they play in portfolio diversification and risk management.
The most commonly traded precious metals are gold, platinum, palladium and silver, and the high trading volume in these commodities is attributed to their protected intrinsic value, regardless of economic conditions. The online purchase of precious metals as a long-term investment, and even the preference for physical ownership, has grown tremendously in recent years.
The trading of shares of a company for the purpose of making a profit is called stock trading. It provides profit to its investors in the long run. When the company you buy stock of makes a profit, you benefit from this profit.
Stock indices, or stock indices as they are commonly known, are actual stock indices that measure the value of a particular part of a stock exchange. They are calculated based on the weighted average of the prices of selected stocks that belong to the actual category they represent. Stock indices can represent a specific stock market, such as the NASDAQ, or represent a specific group of a nation's largest corporations, such as the American S&P 500, the British FTSE 100, or the Japanese Nikkei 225.
Although it does not have a very old history, crypto coins, which are popular in the world, are a volatile financial instrument.
Although there are irregular variables, Bitcoin is still the most preferred cryptocurrency. You can invest with many cryptocurrencies such as Bitcoin, Litecoin, Ethereum and Dash.
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