Trading FX Pairings

The first, and perhaps most obvious option, is to trade currencies directly. Speculating on where the Pound will go to next against its peers (or perhaps a different currency pairing such as USD/EUR, USD/JPY) warrants you the opportunity to run a profit based on a movement in either direction.

Accendo Markets offers you the option to trade in a multitude of currency pairings with options for both long and short positions.

See GBP strengthening against the Dollar? Open a long position. Do you predict it will fall further? Opt for a short position.

Our in house Research team can provide in depth-analysis of the current movements of FX markets and are here to help you seek out the best possible trading opportunity. Through the use of charting, such as above, and other technical indicators, we can provide you with as much information as you might need!

Cashing in your physical holdings

Thinking of purchasing a house abroad? Perhaps your business relies on an international supply line? Being at the mercy of the movement of foreign exchange markets means that you are more exposed than the average consumer and, as a result, have more to gain from using beneficial foreign exchange services.

In the current climate, approaching a bank or traditional currency exchange facility to change your money could cost you an arm and a leg! Banks trade by adding a handsome margin and offering you an unfair rate.

However, here at Accendo Markets we can offer foreign exchange services with a better rate than the high street. Unlike banks, we don’t offer you a reduced rate by trading using a margin.

Instead, our exchange rate model is based on the volume you trade with us. It could save you thousands!