We have introduced new currency pairs—USDZAR (U.S. dollar/South African rand), EURZAR (euro/South African rand), GBPZAR (Great Britain pound/South African rand), ZARJPY (South African rand/Japanese yen)—as well as a new commodity, XNGUSD (natural gas/U.S. dollar).
As South African rand is a large and important player on the African continent and in the world, the ZAR assets are some of the most tradable exotics. Whereas natural gas brings a lot of trading opportunities due to high volatility and numerous market factors.
The new symbols are available both on MetaTrader 4 and MetaTrader 5.
The maximum leverage for these pairs is:
1:500 for USDZAR, EURZAR, and GBPZAR
1:100 for ZARJPY and XNGUSD.
Please note that to use the leverage of 1:100 for ZARJPY and XNGUSD, you need to set the leverage of 1:500 in your trading account.
Keep an eye on the economic news to spot promising opportunities for these new symbols. Happy trading!