Most
of the Forex Brokers only trade the most popular currency pairs
on their platform. If you want to trade a currency pair that
is not regularly traded you will pay a very high spread when
trading.
This spread will also vary according to the
time of day. I have seen on some trading platforms that the
spread will be as high as 100 pips during off-peak time and
40 pips during peak time.
If you are looking for a forex broker where
you can open a free forex trading account and trade the USD/ZAR
currency pair you should use OANDA.
They support most of the currency pairs. OANDA
is one of the oldest online forex trading web sites. They also
offer a very low 1.5 pip spread on the EUR/USD currency pair.
|