What is an Exotic Currency?

A currency which is thinly/rarely traded. Trading volume for exotic currencies is usually low and trading them is typically quite expensive as the spreads are often high.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.