In addition to major currency pairs, brokers provide access to commodities, cryptocurrencies, global stock indices, individual company stocks, energy markets, and even government bonds.
Understanding these forex symbols and how they function is crucial for making informed trading decisions.
🔵Categories of Tradable Forex Symbols and Their Features
Each category of forex symbols has unique characteristics and offers different opportunities depending on your trading strategy and risk appetite.
Some are ideal for short-term high-volatility trading, while others are better suited for long-term investments and risk diversification.
Below are the key categories of forex symbols you can trade in most broker platforms:
- Currency Pairs (Forex)
Highly liquid instruments are suitable for a variety of strategies with tight spreads. - Precious Metals and Commodities
Physical assets are often used as safe havens during economic uncertainty. - Cryptocurrencies
Highly volatile digital assets are ideal for speculative and short-term trading. - Global Stock Indices
Indicators reflect the overall performance of a country’s or region’s stock market. - International Company Stocks
Opportunities to invest in and trade CFDs on globally recognized brands. - Energy Markets
Instruments linked to oil, gas, and other energy resources are influenced by geopolitical factors. - Government Bonds and Securities
Lower-risk assets are ideal for portfolio diversification and steady income.
🔵Forex Currency Pairs
Currency pairs are the backbone of the Forex market and are split into major and minor pairs. Major pairs involve the most traded and stable global currencies, offering high liquidity and low spreads.
Minor pairs feature less frequently traded currencies and tend to show more volatility.
| Currency Pair | Symbol | Description |
| Euro / US Dollar | EUR/USD | The most liquid and traded currency pair in the Forex market |
| British Pound / US Dollar | GBP/USD | Known as “Cable”; highly volatile and popular for short-term trades |
| US Dollar / Japanese Yen | USD/JPY | Stable pair influenced by the US and Japanese economies |
| Australian Dollar / US Dollar | AUD/USD | Correlated with commodities, especially gold |
| Euro / British Pound | EUR/GBP | Popular for medium-term trades in the European markets |
Major forex symbols for currency pairs with key features
🔵Precious Metals and Commodities
Precious metals like gold and silver are considered safe-haven assets and are often used as a hedge against inflation.
Commodities such as oil and copper respond to supply-demand dynamics and geopolitical events, providing attractive trading opportunities.
| Commodity | Symbol | Description |
| Gold | XAU/USD | Safe-haven asset; demand rises in times of economic uncertainty |
| Silver | XAG/USD | More volatile than gold with industrial applications |
| WTI Crude Oil | WTI/USD | US benchmark crude oil sensitive to domestic supply reports |
| Brent Crude Oil | BRENT/USD | Global benchmark oil traded widely in international markets |
| Copper | COPPER/USD | Industrial metal often used as an economic health indicator |
Popular forex symbols for metals and commodities in trading platforms
🔵Cryptocurrencies
Cryptocurrencies have become popular tradable assets due to their high volatility and liquidity. They are generally offered as CFDs (Contracts for Difference) against the US dollar on broker platforms.
| Cryptocurrency | Symbol | Description |
| Bitcoin | BTC/USD | The first and largest cryptocurrency by market cap |
| Ethereum | ETH/USD | Widely used for smart contracts and DeFi projects |
| Ripple | XRP/USD | Focused on fast, low-cost cross-border payments |
| Litecoin | LTC/USD | Faster block confirmation compared to Bitcoin |
| Cardano | ADA/USD | Blockchain project emphasizing scalability and sustainability |
Key cryptocurrency forex symbols offered by brokers
🔵Global Stock Indices
Stock indices are useful tools for analyzing and trading on the overall performance of equity markets in different countries. They allow traders to gain exposure to entire markets rather than individual stocks.
| Index | Symbol | Description |
| Dow Jones 30 (USA) | US30 | Tracks 30 large-cap industrial stocks in the US |
| S&P 500 (USA) | SPX500 | Covers 500 of the largest publicly traded US companies |
| NASDAQ 100 (USA) | NAS100 | Technology-heavy index focusing on major tech stocks |
| DAX 40 (Germany) | GER40 | Tracks 40 leading blue-chip German companies |
| Nikkei 225 (Japan) | JPN225 | Index of 225 top companies listed in the Tokyo Stock Exchange |
Major global stock index forex symbols for CFD trading
🔵International Company Stocks
Brokers offer a wide range of CFD stocks from leading global corporations. These instruments are highly liquid and popular due to their brand recognition and trading volumes.
| Company | Symbol | Description |
| Apple | AAPL | Leader in consumer electronics and innovation |
| Amazon | AMZN | World’s largest online retailer and cloud services provider |
| Tesla | TSLA | Pioneer in electric vehicles and battery technology |
| Google (Alphabet) | GOOGL | Dominates online search and digital advertising |
| Microsoft | MSFT | Major player in software and cloud computing solutions |
Forex symbols for the most traded international company stocks
🔵Energy Markets
Energy commodities like oil and gas are some of the most volatile instruments in the market. Their prices are highly influenced by global geopolitical events, supply-demand dynamics, and weather conditions.
| Energy Commodity | Symbol | Description |
| WTI Crude Oil | WTI/USD | US crude benchmark with high sensitivity to inventory data |
| Brent Crude Oil | BRENT/USD | International benchmark for global oil pricing |
| Natural Gas | NATGAS/USD | Volatile energy source influenced by seasonal demand |
Energy market forex symbols offering high volatility and liquidity
🔵Government Bonds and Securities
Government bonds and securities are considered lower-risk investments and offer steady returns. They are often used by traders to diversify their portfolios and hedge against market volatility.
| Government Bond | Symbol | Description |
| US 10-Year Treasury Note | TNOTE10 | Key benchmark for global long-term interest rates |
| German Bund | BUND | Eurozone’s safe-haven government bond |
| UK Gilt | GILT | British government bond offering stable returns |
Government bond forex symbols for stable and low-risk investments
🔵Final Words
Choosing the right forex symbols for trading depends on various factors, including your investment goals, time horizon, and risk tolerance.
Understanding the unique characteristics of each asset class can greatly improve your chances of success in the Forex market.
For more information, feel free to contact Fortuna Markets support team.
🔵Frequently Asked Questions
- What are the best forex symbols to trade for beginners?
Major currency pairs such as EUR/USD, GBP/USD, and USD/JPY are the best forex symbols for beginners due to their high liquidity, lower spreads, and stable price movements. - Which forex symbols have the highest trading volume?
EUR/USD is the most traded forex symbol by volume, followed closely by USD/JPY and GBP/USD. These pairs dominate the market due to their economic significance. - What are the most volatile forex symbols?
GBP/JPY, XAU/USD (Gold), and BTC/USD (Bitcoin) are considered some of the most volatile forex symbols, ideal for traders looking for high-risk, high-reward opportunities.