Forex Trading Fundamentals
Learn Forex trading fundamentals with our collection of free lessons.
What is Forex?
Forex trading is the buying or selling of one currency for another. Forex trading goes by many names: it is also known as FX, foreign exchange and currency trading.
Why Trade Forex?
Long trading hours, deep liquidity and high leverage are just one of the few reasons why Forex is a popular choice for retail investors.
Forex Currency Pairs
Forex trading is based around pairs of currencies. A small number of currency pairs, known as Majors have come to dominate the market.
What are Forex Spreads?
Understand how to calculate Forex spreads, including the bid-ask spread
What is Leverage in Forex trading?
Leverage is an integral part of most Forex trades. It can significantly affect your potential gains and losses.
Fixed Spreads vs. Floating Spreads
Forex brokers offer a choice of fixed and floating spreads. So, what's best? The answer to this question depends on your experience and trading strategies.
Forex Market Hours
The foreign exchange market is open 24-hours a day, except on weekends. As one financial centre closes, another one opens. We'll explain the best times to trade, and new ways to spot trading opportunities.
A Short History of Retail Forex Trading
Retail Forex trading has come a long way since the 90s, when it was the preserve of wealthy individuals with access to expensive trading platforms. We'll explain how this changed with the rise of hundreds of online Forex brokers, powered by increasingly standardised trading platforms.
ECN XL Account
Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... MoreTrade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:500. Get a 100% bonus on your first deposit, up to $2,000.
Trade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and ... MoreTrade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and commodities from 0 pips plus commission, over MT4/5 or cTrader. Get ultra-fast execution speeds under 40 milliseconds, with this ECN account.
Razor Account [cTrader, TradingView]
Trade Forex on raw spreads, sourced directly from Pepperstone's liquidity providers, plus a ... MoreTrade Forex on raw spreads, sourced directly from Pepperstone's liquidity providers, plus a commission. Trade CFDs on crypto, stocks, indices, ETFs, commodities, energy and metals on low spreads. Pepperstone allows all trading strategies on cTrader. This account is popular with scalpers.
- $200 deposit
- 1:30 leverage
- 0.17 pips EUR/USD
- Regulators: Australia, Bahamas, Cyprus (EU) , Germany, Kenya, UAE , UK