Trade
Forex

TradeUltra provides CFDs on a wide variety of the world’s most popular currency pairs. Forex market is the most volatile and liquid financial market with a daily turnover exceeding over $ 6.6 trillion.

Demo Trading Live Trading

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30

Currency Pairs

10

Major Currency Pair

20

Minor Currency Pair

Why trade Forex with us

Trade FX on major, minor, and exotic currency pairs.
Trusted & regulated by the Financial Services Commission (FSC) of Mauritius and the Labuan Financial Services Authority (LFSA).
Fast execution and tight spreads.
Multiple chart types featuring a variety of indicators.
24 x 5 dedicated multilingual service desk.
Multiple leverage options including 1:10, 1:100, 1:200, and more.
Instant execution of orders.

Top currency pairs for trading

Trade forex on a wide range of the world’s most popular currency pairs.

Track all markets on TradingView

Forex markets are available for trading Monday to Friday.

For Market timings and margins refer to our trading app.

Diversify your portfolio

Forex

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Trade CFDs on a wide range of the world's most popular currency pairs and take advantage of the volatile forex market around the clock

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Shares

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Trade shares of all major stock markets from the US, UK, Europe, and Asia with leverage and low spreads.

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Indices

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Trade the major global indices like the Dow, S&P, Nasdaq, FTSE and DAX.

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Crude Oil & Energies

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Discover the ultra way to trade the world’s most valuable commodity - crude oil.

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Gold & Silver

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Trade the most popular precious metals – Gold & Silver at highly competitive spreads and fast execution.

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Trade Forex CFDs with TradeUltra

Trade forex on a wide range of the world’s most popular currency pairs.

What is Forex Trading

Forex trading is done in pairs, such as EUR/USD, GBP/USD, and USD/GPY. The nominator currency is called the base currency, and the denominator currency is known as the counter currency. With TradeUltra, you can trade in all major, minor, and emerging currency pairs.

Major currency includes EUR/USD, trailed by the USD/JPY, GBP/USD and USD/CHF.

EUR/GBP, EUR/CHF, GBP/JPY and CHF/JPY are examples of minor currency.

Emerging currency pairs include USD/NOK, USD/HKD and EUR/CZK and they are also know as exotic currencies.

Advantages of trading Forex

The forex market is worldwide, so trading is continuous as long as markets are open; hence, trading is available 24hrs. Forex is traded in pairs, so you can go long or go short. The FX market is the most liquid globally, which means that transactions can be completed quickly and easily, so the transaction costs – or spreads – are often very low. This creates opportunities for traders to speculate on price movements of just a few pips. Forex brokers allow traders to use significant leverage of 1:400, which gives them the ability to trade with higher amounts of money than in their accounts.

Forex Trading FAQs

What is forex trading?

Forex trading involves buying and selling currency pairs with the intention of making profits.

How do I start trading forex?

To start trading forex in the UAE, you would need to set up an account with a broker, and determine your trading strategy. TradeUltra can help you set up your trading account to trade Forex CFDs and more.

What are the benefits of trading forex?

The benefits of trading forex include generally high liquidity, 24/5 availability, and the possibility of making risky but quick profits.

What factors affect the exchange rate of currencies?

The exchange rate of currencies is affected by various factors, including economic data, geopolitical events, and market sentiment.

Can I trade forex with leverage?

Yes, you can trade forex with leverage using TradeUltra, which allows you to trade a larger amount of currency with a smaller investment.

What is the difference between major, minor and exotic currency pairs?

Major currency pairs are the most commonly traded pairs, while minor and exotic pairs are less frequently traded and involve higher risk.

Major currency pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF
Minor currency pairs: EUR/GBP, GBP/JPY, EUR/CHF, etc.
Exotic currency pairs: AUD/NOK, CHF/SGD, EUR/RUB, etc.

How do I choose the best forex broker?

To choose the best forex broker, consider factors such as regulation, trading platforms, customer support, and trading fees. TradeUltra is multi-regulated, provides you multiple options for trading platforms, multi-lingual 24/5 customer support and ultra-low trading fees.

What are some popular forex trading strategies?

Popular forex trading strategies include trend following, breakout trading, and range trading.

What risks are involved in forex trading?

Risks involved in forex trading include market volatility, leverage risks, and counterparty risks.

How can I stay up-to-date on the latest forex market news and trends?

You can stay up-to-date on the latest forex market news and trends by following financial news websites and social media accounts of TradeUltra.

Open a live account and start trading today
Open Live Account
Open a live account and start trading today
Open Live Account

Risk Warning: CFDs and Margin FX are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You should only trade with money you can afford to lose. You should ensure before trading you fully understand the risks involved and consider your level of experience. If necessary you should seek independent advice.