Example of Trading Forex

Long Position in GBPUSD Let’s say the price of GBPUSD is currently 1.5100 – 1.5102. You want to buy, because you expect the price of to rise. When you buy a currency pair, you are buying the first currency and selling the equivalent amount of the second currency in the pair, (or vice-versa when you […]

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What is FX Trading?

FX or Forex Trading is the name given to trading one currency against another. When you go on holiday for example, you may sell your Sterling and buy Euros (if you are visiting Europe). For example you may find £500 will buy you EUR 600 at the bank or bureau de change on a given […]

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What are the FX Markets

What are the FX Markets? The foreign exchange market (also known as FX, Forex or currency market) is a global decentralised financial market for trading currencies. Financial centres around the world act as hubs for trading between a wide variety of buyers and sellers. The forex market is one of the largest financial markets in […]

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