IFC Markets introduces CNH trading with any currency pair thru PCI technology

IFC Markets provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, and Android. The platform is available in 15 languages.

Recently, a significant demand has been presented towards China’s currency Renminbi (RMB). The currency is traded both onshore and offshore, and when talking about RMB offshore trading, it is mainly referred to Hong Kong, where the trades are taken place at the USD/CNH rate. The volatility of the RMB has been quite high with the loosening of the trading band only to get wider in the years ahead. This contributes to increasing appetite among investors and traders to speculate on that action.

The CNH market is growing fast and is attention-grabbing to traders, and taking into consideration this fact, IFC Markets has introduced the USD/CNH currency pair to satisfy this demand of traders and investors. What’s more, there is creativity IFC Market’s offering allows for when dealing in CNH.

By recently introducing GeWorko Portfolio Analysis Method, the company has granted traders with an opportunity to create as many instruments as one may wish, which assumes as well the obtaining of various cross rates. So, traders of USD/CNH are not limited with this pair only, but are totally free to compose various cross rates with CNH, such as AUD/CNH, EUR/CNH, JPY/CNH and CNH/JPY, etc. which will make CNH trading undertakings much more interesting and attractive.

In addition, traders may see the price history of these instruments shortly after creating the new pairs and make accurate technical analysis forecasts which will contribute to more profitable trading. All this is simply done by the new PCI technology utilizing IFC’s NetTradeX platform, which breaks existing barriers and limits, giving investors an opportunity to trade beyond their imagination.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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