- May 2, 2014 -
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 USD/CNH rate. The volatility of the RMB is quite high and this contributes to increasing the appetite among investors and traders to receive higher incomes. CNH market is growing very fast, becoming more important for investors, and taking into consideration this fact, IFC Markets has introduced USD/CNH currency pair (http://www.ifcmarkets.com/
to the attention of traders and investors.
By recently introducing GeWorko Portfolio Analysis Method (http://www.ifcmarkets.com/
, the company has granted the traders with an opportunity to create as many instruments as one may wish which assumes as well 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, which will make trading process much more interesting and attractive. In addition, they may see the price history of these instruments shortly after creating the new pairs and make accurate technical analysis which will contribute to more profitable trading. All this is simply done by the new PCI technology (http://www.ifcmarkets.com/en/personal-instrument
), which breaks the existing barriers and limits, giving investors an opportunity to trade beyond their imagination.
To summarize, trading conditions of the company are one of the most beneficial ones for clients, offering interbank swaps, fixed and low spreads, low initial deposit and no hidden commissions, which make trading more transparent and trustworthy. What is more important, clients do not have open several real accounts for trading different financial instruments, because all instruments may be traded on a single account.