Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. 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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Forex Trading

CFD-Retail Client Accounts Generally Lose Money

Foreign Exchange Trading

Trade the most Liquid Market in the world with spreads from 0 pips.

CFD-retail client accounts generally lose money

Forex Trading

Curious about Forex trading? Join us and start trading today!

*CFD-retail client accounts generally lose money

What is the Foreign Exchange Market?

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.

  • Ultra-low spreads starting from 0.0 pips
  • Fast execution and deep liquidity
  • Trade 24 hours a day, five days a week
  • Over 40 currency pairs
  • No hidden charges

How does Forex Trading work?

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.

4 Basic Principles to Forex Trading

Step 1

Choose one of the 40+ FX pairs

Step 1

Step 2

Do your research on the pair’s movement

Step 2

Step 3

Define your risk parameters like SL and TP

Step 3

Step 4

Place your trade

Step 4

Major, minor and exotic pairs.

CFD-retail client accounts generally lose money

Foreign Exchange Pairs