From 17.05.2021, Aerarium Limited, trading as EverFX, is not permitted to provide regulated financial services to residents of the United Kingdom.
Our Group: CySEC FSA

Foreign Exchange Market (FX)

Foreign exchange is a global currency market where all the world’s national currencies can be exchanged, facilitating global trade and the movement of resources to where they are most needed.

It is not like a stock market, where transactions take place on a centralized exchange. It is an over-the-counter market that is decentralized and takes place wherever two parties agree on an exchange rate for two currencies and make a trade.

Due to this decentralization, there is no one canonical price for any currency pair. Instead, what you have are tiers of liquidity that are available at different rates depending on the size of the trade you are able to cover.

The Foreign exchange market is currently the largest market in the world. The last survey of its flows was conducted in 2016 and revealed that in excess of $5 trillion dollars are traded every single day.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70,70% 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. Please consider our Risk Disclosure