ZAR is one of the most tradable exotics. It is the national currency of South Africa, which is rich in mineral resources and has the potential for economic growth. This makes ZAR attractive for investors. Like other exotic pairs, the GBPZAR's high volatility comes in periods, which involves risks but also the potential for high profit. Exotics like ZAR suit well for technical analysis only, comparing to the majors, so GBPZAR is a great option for intraday trading based on technical analysis.
Spreads and conditions
- 100 000 GBP