You can trade in many products from currencies to commodities and indexes in the Forex market. And products are divided into categories
such as parity, commodity, CFD. It would be useful to know the products before
make transaction.
Parity and commodity
If we take a look what is parity, the ratio of one currency to another
country currency is called parity. For example, USD/TRY parity means
how many Turkish lira is 1 dollar. On the other side of the coin, commodities
are goods and products that are subject to trade. If we give some examples;
gold, silver, copper, platinum, coffee, corn, cocoa, cotton and energy are
commodities.
CFD
It’s original meaning is Contract for
Difference. CFD’s feature is to be future transactions. For example, if you want to trade
in a certain spot rather than instantaneous transaction in petroleum you might
prefet CFD. The difference in price during the CFD transactions for which the
opening and closing dates are known will be your profit or loss. You can easily
make all product transactions that we specified via Meta Trader. You can easily
do buy/sell transactions on products that are grouped as titles and suboptions
on the platform.
