Web Trader MT5
Three exchange rates should agree with one another mathematically. If they do not, triangular arbitrage may be possible. Imagine EUR/USD and USD/JPY imply that EUR/JPY should trade at 165, but the direct market briefly quotes 165.20. A trader may exchange euros into dollars, dollars into yen, and yen back into euros to capture the mismatch. All three transactions must be completed quickly because automated systems usually remove the difference almost immediately. The apparent profit also has to exceed spreads, fees, and execution changes. This form of arbitrage uses inconsistencies among three currency pairs rather than predicting which currency will rise.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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