Foreign exchange

Trade currencies.

The largest, most liquid market on earth — over $7 trillion changes hands every day. Trade the majors, minors and exotics with tight, transparent pricing, around the clock.

What is forex trading?

The foreign exchange market is where the world's currencies are bought and sold. Because it is decentralised and open 24 hours a day across global sessions — Sydney, Tokyo, London and New York — there is almost always a market to trade and a trend to follow.

At Otto you trade forex as CFDs, which means you can go long if you expect a currency to strengthen or short if you expect it to weaken, using leverage to make your capital work harder. Every quote is two-sided and the cost is built into a tight spread.

  • 80+ pairs — majors, minors and exotics
  • Spreads from 0.0 pips on top majors
  • Deep liquidity and fast, clean execution
  • Trade long or short, 24 hours a day, 5 days a week
  • Leverage up to 1:500 on major pairs
Open an account →
Forex
Popular instruments

Forex you can trade

A sample of the instruments available on Otto.

InstrumentPrice24h
EUR/USD Euro / US Dollar1.0842+0.12%
GBP/USD Pound / US Dollar1.2715+0.08%
USD/JPY Dollar / Yen156.30-0.05%
AUD/USD Aussie / Dollar0.6634+0.19%
USD/CAD Dollar / Loonie1.3688-0.07%
EUR/GBP Euro / Pound0.8528+0.04%

Prices are indicative, for illustration only.

Why Otto

Why trade forex with Otto

Tight, honest pricing

Raw spreads on the majors so more of every move stays in your pocket.

Fast execution

Orders fill at live prices with no hidden re-quotes, even in busy sessions.

Trade the clock

From the Tokyo open to the New York close, the FX market never really sleeps.

Key facts

Forex at a glance

Trading hours24 hours, 5 days a week
Spreads from0.0 pips
Max leverage1:500
Contract size100,000 units (1 lot)
Instruments80+ currency pairs
New to forex? Start small, use a stop-loss on every trade, and never risk more than you can afford to lose. Leverage magnifies both gains and losses.

At Otto you trade forex as CFDs, which means you can go long if you expect a currency to strengthen or short if you expect it to weaken, using leverage to make your capital work harder. Every quote is two-sided and the cost is built into a tight spread.

Getting started

Start in three steps

Open your account

Register in minutes and complete a quick, secure verification.

Fund it your way

Add funds by bank transfer or crypto, with a clear reference.

Trade forex

Open MetaTrader 4 and take your first position on the board.

FAQ

Forex — common questions

What is the spread in forex?

The spread is the small difference between the buy (ask) and sell (bid) price. It is the main cost of a forex trade — Otto keeps it tight, from 0.0 pips on top majors.

Can I trade forex with leverage?

Yes. Major pairs are available with leverage up to 1:500, which lets you control a larger position with a smaller deposit. Leverage magnifies both gains and losses, so size positions carefully.

When is the forex market open?

From Sunday evening to Friday evening (server time), across the Asian, European and US sessions. The most active hours are the London and New York overlap.

Keep exploring

Other markets

Trade forex with Otto

Open an account in minutes and get the whole board in one place.