There are over 500 assets available to trade on TradeLocker. You can easily find the desired instrument pair on our platform in two ways:
- By scrolling and exploring different instrument groups in the drop-down menu
- By typing it in the search bar
Different pairs have different levels of liquidity. Major currency pairs like EUR/USD typically have higher liquidity, leading to tighter spreads and lower transaction costs.
The choice of instrument pair also impacts your risk exposure. Some pairs are more volatile than others, which could either provide lucrative trading opportunities or significant risks. Your choice should align with your risk tolerance and trading strategy.
1) Finding an instrument pair via the drop-down menu:
Open the drop-down menu above the instrument list, find your instrument group, and then choose the searched pair. Or just search through all instrument groups.
2) Finding an instrument pair via the search bar:
Find a search bar above the instrument list, type in the instrument pair and find it among the search results.
Understanding the correlation between different pairs helps in diversifying your portfolio. If you’re trading multiple pairs, knowing how they relate to each other can assist in hedging strategies.
The pair you choose should also align with your trading schedule. Some markets are more active during certain times, offering better opportunities. Some instrument pairs offer better opportunities for specific trading strategies. For example, range-bound strategies might work better on pairs with lower volatility.
Help us build the perfect trading platform that prioritizes your needs and preferences. Join our Discord community to meet the TradeLocker team and other traders, discuss upcoming features, and chat with us directly.