Easy-forex Launches Multiple Currency CNH Trading

Interest in Chinese renminbi (RMB) remains strong among FX brokers with a growing list of firms beginning to offer trading in the currency. Products generally are based on the CNH offering, the RMB which trades on the Hong Kong market and typically has a different valuation than the locally traded CNY. Following the trend, easy-Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term has announced the launch of four new CNH crosses being offered against the USD, AUD, EUR, and JPY.

In addition to providing increased choices for traders, as an affiliate focused broker, the multiple currency products offer a diversified product mix which can be used to attract partners and customers from expanded parts of the globe. Commenting, Hillik Nissani, easy-forex CMO, said “Our traders can trade CNH against multiple currencies without the need of a VIP account. We work hard to keep our promise of providing easy access to desired products to all traders worldwide”.