Trade the most Liquid Market in the world with spreads from 0 pips.
*CFD-retail client accounts generally lose money
The foreign exchange (FX) market consists of many types of markets like Spot FX, Future derivatives, Forward Derivatives, and CFD derivatives. CFDs are the most popular for retail clients. Open 24 hours a day 5 days a week, the foreign exchange market is the largest and most liquid market in the world, with an average daily volume of over $5 trillion.
Forex trading is always traded in pairs. The first currency in the pair is called the base currency and the second one is called the quote. When a trader buys a currency pair, like EUR/USD for example, the trader simultaneously buys the base currency in the pair and sells the quote. Depending on how the trader think the values will move in relation to each other, a BUY or SELL position needs to be opened.
For example, if you expect the value of EUR to rise against the USD you will go long, hence you BUY.
If you believe that the opposite will happen, then you will go short, hence you SELL.