Forex trading website

Trade on one of the world's most popular trading platforms with access to dedicated support and integrated trading tools exclusive to FOREX.Com. /media/forex/images/global/homepage/strategies-latest.Svg" alt="have some experience" />

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Trade Major US Tech Stocks This Earnings Season, forex trading website.

Trade major US tech stocks this earnings season

Why are traders choosing FOREX.Com?

Global market leader

Connecting traders to the currency markets since 2001

Professional accounts

Discover the FOREX.Com
pro service

Innovative & award-winning

Our new mobile app offers one-swipe trading and lightning fast execution

Financial strength you can depend on

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Your FOREX.Com account gives you access to our full suite of downloadable, web, and mobile apps.

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Trade on one of the world's most popular trading platforms with access to dedicated support and integrated trading tools exclusive to FOREX.Com.

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Leverage our experts

Our global research team identifies the information that drives markets so you can forecast potential price movement and seize forex trading opportunities.

Ready to learn about forex?

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New trader?

Welcome, we’ll show you how forex works and why you should trade it.

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Have some experience?

Let’s create a trading plan that will help you stay on track and meet your goals.

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Want to go deep on strategy?

Great, we have guides on specific strategies and how to use them.

Open an account in as little as 5 minutes

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Start trading

*based on active metatrader servers per broker, apr 2019. **based on CFD spreads and financing competitor comparison on 28/08/19.

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Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.

FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.

FOREX.Com is a trademark of GAIN capital UK ltd.

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FOREX.Com products and services are not intended for belgium residents.

We use cookies, and by continuing to use this site or clicking "agree" you agree to their use. Full details are in our cookie policy.

MEMBERSHIP

Epic trading has everything you will need to develop the skills and master the art of trading in FOREX. When you combine it with an industry leading compensation plan, itвђ™s almost too good to be true! Choose from one of the product offerings below and begin your epic journey today!

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Epic scholar
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The epic scholar membership comes with access to all of epicвђ™s services including the following:

Epic university

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Live trading sessions

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Member support

Epic scholars may not earn bonuses and commissions from our referral compensation program unless they are also registered as an IBO, and we strongly recommend that all prospective members interested in our referral compensation program join as an epic scholar first to experience the platform and its services personally before deciding to participate as an IBO of the company.

IBO
(independent business owner)

Joining epic as an IBO allows you to participate in and be eligible for bonuses and commissions via epicвђ™s powerful and lucrative referral compensation program. IBO's have the right to promote epicвђ™s services and access to a full back office for business management.

For more information regarding our referral compensation program, please see the "compensation plan" page on our website.

Itвђ™s very important that you fully review our program before you register as an IBO and begin promoting epic and our services the IBO membership does not come with access to the epic university training and trading services.

COMPENSATION

Epic offers a lucrative referral-based compensation opportunity for those who are interested in building an additional stream of income by introducing new clients to our platform!
For a full, detailed breakdown of our referral compensation program, please click the button below!

For support contact us

LET'S GET IN TOUCH

Epic trading
10120 S. Eastern ave.
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2942 foothill,
la crescenta CA 91214

Ph: 800-893-8261
customer support: support@epictrading.Com

Billing and credit card customer service:
ph: 800 511-1444

Risk disclosure: trading the financial markets carries high risk and may not be suitable for all investors. Trading on margin and utilizing leverage can carry an even higher level of risk that can lead to a complete loss of investment funds. Before deciding to trade the financial markets, you should carefully and diligently consider your personal investment objectives, level of experience, and risk appetite. Because a possibility exists that you could potentially sustain significant loss, you should NOT invest or trade any capital that you cannot afford to lose. It is your responsibility to be aware of and understand all risks associated with trading the financial markets, and to seek professional advice from an independent certified financial advisor if you have any doubts. The epic trading program is an educational and personal development program presented by the AESD.

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YOUR REVOLUTIONARY
FOREX SOURCE

LATEST DAILY SIGNALS

Action: sell

Open price: 0.683

Stop loss: 0.689

Take profit 1: 0.6815

Take profit 2: 0.679

Take profit 3: 0.676

Action: sell

Open price: 0.9775

Stop loss: 0.9835

Take profit 1: 0.9755

Take profit 2: 0.973

Take profit 3: 0.9705

Action: buy

Open price: 1.2765

Stop loss: 1.2735

Take profit 1: 1.2785

Take profit 2: 1.281

Take profit 3: 1.2835

Action: sell

Open price: 1.3745

Stop loss: 1.3805

Take profit 1: 1.3725

Take profit 2: 1.37

Take profit 3: 1.3675

Action: sell

Open price: 0.642

Stop loss: 0.647

Take profit 1: 0.64

Take profit 2: 0.6375

Take profit 3: 0.635

Action: sell

Open price: 81.8

Stop loss: 82.3

Take profit 1: 81.65

Take profit 2: 81.45

Take profit 3: 81.1

Action: buy

Open price: 117.85

Stop loss: 117.3

Take profit 1: 118

Take profit 2: 118.2

Take profit 3: 118.55

Action: sell

Open price: 0.7165

Stop loss: 0.7215

Take profit 1: 0.7145

Take profit 2: 0.712

Take profit 3: 0.7095

TRUSTED FOREX BROKERS

FEATURED ARTICLES

The hidden divergence panel tool is designed to reveal hidden divergences. Hidden divergence is a divergence of the movement of quotes on the chart with the readings of the oscillators, signaling the continuation of the trend.

Doske scalping strategy is an intraday trading system. It can be used on timeframes from M5 to M30. This is considered to be a pretty promising strategy. With strict observance of its conditions, the system is capable of giving good results.

One of australia’s leading fintech companies, FP markets has announced the launch of the FP markets mobile app which is intuitive and feature-packed, allowing traders to carry their trading accounts with them in their pocket.

With signals pal, you forward your email signals to signals pal and the program will read them, parse them and submit the recommended trades to your MT4 account. All automated.

DAILY ANALYSIS AND TRADE IDEAS

UNIQUE WEEKLY FOREX ANALYSIS

USEFUL FOREX INDICATORS

PROFITABLE FOREX TRADING STRATEGIES

MOST IMPORTANT ECONOMIC EVENTS

Most important economic events of the week 02.01.2021 – 02.07.2021

A brief overview of next week's planned publications of important macro statistics and events

If you want to be a profitable trader, you need:

FAIR FX BROKER

Not the usual broker (98% of all forex brokers) who is not interested in your profits!

RIGHT TOOLS

Professional indicators used byfull-time traders from around the world.

THE TRUTH

The truth and principles about forex trading and forex brokers you should never know!

EDUCATION

Unbiased information about forextrading and the best education from full-time traders.

High risk warning: please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. FX trading revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.

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Trading advantages of roboforex forex broker

No limits in providing outstanding benefits to roboforex clients.

Tight spreads
from 0 pips

Fastest order
execution

4 account currencies
(EUR, USD, CNY, GOLD)

Micro accounts with the
minimum lot size of 0.01

8 asset
classes

Affiliate program
50% profit sharing

Roboforex bonus programs

Roboforex provides for its clients best promotional offers on financial markets.

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Bonus up to 20,000 USD.

Can be used during "drawdown".

Deposit from 10 USD.

Withdraw the profit received when trading your own funds.

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Bonus up to 50,000 USD.

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Deposit from 10 USD.

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Cashback (rebates)
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Receive cashback for the trading volume of just 10 lots.

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Up to 10%
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Payments for the trading volume starting from 1 lot.

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Receive % on account balance every month.

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Account types

First deposit

Execution type

Spreads

Instruments

Bonuses

Platforms

Pro-standard

The most popular account type at roboforex, which is suitable for both beginners and experienced traders.

Prime

"prime" accounts combine all best features of ECN accounts and are suitable for advanced traders.

Pro-cent

Pro-cent accounts provide an opportunity to trade micro lots and is best suitable for beginners, who want to test our trading conditions with minimum investments.

ECN account type is intended for professionals, who prefer the best trading conditions with tight spreads.

R trader

R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.

First deposit 100 USD

Execution type market execution

Spreads floating from 0 points

Instruments over 12,000 stocks, indices,
forex, etfs, cfds, cryptocurrencies

Bonuses not available

Platforms R trader - web platform

By opening a demo account at roboforex, you can test our trading conditions - instruments, spreads, swaps, execution speed - without investing real money.

First deposit not required

Execution type market execution

Spreads depends on type of account

Instruments depends on type of account

Bonuses limited number of offers

Platforms

Trading platforms

The most popular platform for trading on the forex market, which includes a knowledge database, trading robots, and indicators.

3 types of order execution

9 time frames for trading

50 integrated indicators for technical analysis

Variety of order types

The latest version of metatrader platform with an opportunity to choose between netting and hedging systems.

4 types of order execution

Multi-currency tester

Market depth

6 types of pending orders

Roboforex trading platforms

For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

Trade from any browser or mobile device (ios, android).

Get the same functionality as on desktop platforms.

Control your positions and orders from any place in the world.

Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools.

Over 12,000 stocks, indices, FX, etfs, cryptocurrencies.

Minimum deposit: 100 USD.

Trading robots builder. No programming skills required.

Trading platforms center

Exclusive trading platforms

For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

Security of client's funds

Your funds are fully secured when you trade with roboforex.

Regulated activities: IFSC license
no. 000138/107

Negative balance
protection

Participant of the financial
commission compensation fund

Execution quality certificate

start trading now

8 asset classes

Discover the world’s key markets through roboforex accounts and platforms.

Forex

We offer transparent and reliale access to trading FX with more than 40 currency pairs

Forex trading benefits

Institutional spreads from 0 points

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:2000

Fastest execution possible

Stocks

Access to more than 12,000 stocks through R trader platform and more than 50 via metatrader 4/5 terminals

Stocks trading benefits

Minimum deposit: 100 USD

Free stock exchange market data online

Leverage: up to 1:20

Metatrader4, metatrader5, R trader platforms

Indices

In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector

Indices trading benefits

Metatrader4, metatrader5, R trader platforms

Tight spreads - no mark up

Leverage: up to 1:100

Over 10 instruments

Trade fast-growing global ETF industry with over $3 trillion in assets in management

Etfs trading benefits

Minimum deposit: 100 USD

R trader platform

Leverage: up to 1:20

Сorporate events supported and handled by the system automatically

Soft commodities

Trade etfs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit

Soft commodities trading benefits

Minimum deposit: 100 USD

R trader platform

Over 100 instruments

Leverage: up to 1:20

Energies

Trade cfds and commodity etfs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid

Energies trading benefits

Tight spreads

Metatrader4, R trader platforms

Ideal instrument for day traders

Minimum deposit: 10 USD

Leverage: up to 1:100

Metals

Trade cfds and commodity etfs on precious metals including gold, platinum, palladium, silver as well as gold/dollar and silver/dollar pairs.

Metals trading benefits

Hedge against political instability and dollar weakness

Minimum deposit: 10 USD

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:1000

Cryptocurrencies

Bitcoin, litecoin and ethereum proved to have great potential for investment and speculation

Cryptocurrencies trading benefits

Metatrader4, metatrader5, R trader platforms

Over 20 cryptoinstruments

Leverage: up to 1:50

Trading 24/7

0% commissions

When our clients deposit their trading accounts, the commission is always 0%. Roboforex covers all expenses. Choose the payment system according to your convenience, not cost effectiveness.

Roboforex also compensates its clients' commission for funds withdrawal twice a month.

Instant withdrawals

Automatic withdrawal system: withdrawals within a minute for certain payment methods

System works 24/7

Simple, reliable, and fast

More than 20 ways to deposit funds

Become an investor on forex

For easy short-term investments

Choose among over 1,000 traders.

Get detailed statistics on trader's performance.

Unsubscribe at any time.

Copyfx platform will be perfect for those, who search for a simple but reliable way to invest on forex.

Roboforex market analytics

Forex analytics

Forex technical analysis & forecast for february 2021

Fibonacci retracements analysis 01.02.2021 (GOLD, USDCHF)

The aussie is being pulled down. Overview for 01.02.2021

Economic calendar

Exclusive market analytics

Claws & horns is an independent analytical company providing brokers with a set of necessary analytical tools.

Fxwirepro™ is a leading analytical company, which provides the participants of financial markets with research reports in the real-time mode.

Company news

Roboforex: changes in trading schedule (martin luther king jr. Day)

Roboforex: changes in trading schedule (christmas and new year holidays)

Roboforex received prestigious awards of the financial sector

Winner of more than 10 prestigious awards

Roboforex was recognized by the most respected experts of the financial industry.

More than 800,000 clients from 169 countries.

Best investment products (global)

Best partnership program (LATAM)

Most trusted
broker

Most transparent
asian forex broker

Best global mobile
trading app

Best broker
of the CIS

Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.

A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.

Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.

Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd and it affiliates do not target EU/EEA clients. Roboforex ltd and it affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.

At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.

Trade over 60 stock cfds

With ZERO commissions

All logos & trademarks are the property of their respective owners

AIM HIGHER

Got what it takes to be a trader?

Spreads as low as 0 pips

Negative balance protection

TRADE FOREX

Anytime, anywhere!

A SECURE GLOBAL
FOREX BROKER

Access tier-1 banks from any device

ORBEX online forex trading | trade forex, commodities, indices

Forex trading platforms

Trade forex products with orbex user-friendly online trading platforms.

Financial markets

Stock cfds

Wide range of the most traded US & EU stock cfds

Forex

Trade currencies through the relative values of the pairs

Energies

Enjoy fast and efficient trade execution allowed in these innately volatile markets

Precious metals

Take short or long positions of the metals’ prices

Cash indices

Trade on the whole market instead of individual stocks

Futures indices

Trade futures contracts of the major stock indices on metatrader4

Forex research and education

The latest news covering forex, commodities, and indices in addition to exclusive CFD and forex trading opportunities identified by the orbex research team.

TECHNICAL ANALYSIS

FUNDAMENTAL ANALYSIS

WEBINARS

Orbex web TV

Orbex specials

The latest innovations in forex tools and resources to assist you in online trading.

About orbex forex broker

Orbex forex broker has a successful history full of great achievements, technological breakthroughs and long-term relations with our traders. Orbex takes everything responsibly by offering traders homelike conditions and a full range of trading services, free VPS, forex educational, and research programs and lucrative partnership programs.

Open free forex demo account

Verify your email

A conﬁrmation message has been sent to your email address, please click on the conﬁrmation link in the email to activate myorbex access.

Why trade with

Orbex forex broker advantages

Why trade with

Fully licensed and regulated broker

24/5 multilingual customer service

Fast deposits & withdrawals online

Seamless execution & access to tier-1 banks

Orbex partnership programs

Benefit from forex market potentials and our unique partnership programs
enjoy high commissions and continuous support to grow your business.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.22% 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

Proud to be crowned

BEST FX BROKER

By global banking and finance review

License, authorization and regulation:

License : orbex group limited is the holding company of orbex global limited, orbex limited is an affiliate with orbex global limited. Orbex global limited is authorized and regulated by mauritius financial services commission “FSC” (view license).

Orbex.Com is owned by orbex group limited and is operated by orbex global limited with registered address: 2nd floor, the catalyst, silicon avenue, 40 cybercity, 72201 ebène, republic of mauritius

Risk warning: trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Orbex global does not offer its services to residents of certain jurisdictions such as mauritius, USA, and north korea.

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YOUR REVOLUTIONARY
FOREX SOURCE

LATEST DAILY SIGNALS

Action: sell

Open price: 0.683

Stop loss: 0.689

Take profit 1: 0.6815

Take profit 2: 0.679

Take profit 3: 0.676

Action: sell

Open price: 0.9775

Stop loss: 0.9835

Take profit 1: 0.9755

Take profit 2: 0.973

Take profit 3: 0.9705

Action: buy

Open price: 1.2765

Stop loss: 1.2735

Take profit 1: 1.2785

Take profit 2: 1.281

Take profit 3: 1.2835

Action: sell

Open price: 1.3745

Stop loss: 1.3805

Take profit 1: 1.3725

Take profit 2: 1.37

Take profit 3: 1.3675

Action: sell

Open price: 0.642

Stop loss: 0.647

Take profit 1: 0.64

Take profit 2: 0.6375

Take profit 3: 0.635

Action: sell

Open price: 81.8

Stop loss: 82.3

Take profit 1: 81.65

Take profit 2: 81.45

Take profit 3: 81.1

Action: buy

Open price: 117.85

Stop loss: 117.3

Take profit 1: 118

Take profit 2: 118.2

Take profit 3: 118.55

Action: sell

Open price: 0.7165

Stop loss: 0.7215

Take profit 1: 0.7145

Take profit 2: 0.712

Take profit 3: 0.7095

TRUSTED FOREX BROKERS

USEFUL FOREX INDICATORS

PROFITABLE FOREX TRADING STRATEGIES

MOST IMPORTANT ECONOMIC EVENTS

Most important economic events of the week 02.01.2021 – 02.07.2021

A brief overview of next week's planned publications of important macro statistics and events

If you want to be a profitable trader, you need:

FAIR FX BROKER

Not the usual broker (98% of all forex brokers) who is not interested in your profits!

RIGHT TOOLS

Professional indicators used byfull-time traders from around the world.

THE TRUTH

The truth and principles about forex trading and forex brokers you should never know!

EDUCATION

Unbiased information about forextrading and the best education from full-time traders.

Online forex trading: A beginner’s guide

What is forex trading and how does it work?

At FXTM, we are committed to ensuring our clients are kept up-to-date on the latest products, state-of-the-art trading tools, platforms and accounts.

For those just getting started, we have created a comprehensive beginner’s guide to introduce you to forex terminology, answer common faqs and, most importantly, keep things simple.
Looking for a breakdown of forex terminology? Head over to our glossary page.

What is the forex market?

Foreign exchange (also known as forex or FX) refers to the global, over-the-counter market (OTC) where traders, investors, institutions and banks, exchange, speculate on, buy and sell world currencies.

Trading is conducted over the ‘interbank market’, an online channel through which currencies are traded 24 hours a day, five days a week. Forex is one of the largest financial markets, with an estimated global daily turnover of more than US$5 trillion.

What is forex trading?

Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.

Currency is traded in pairs, in both spot and futures markets. The value of a currency pair is driven by economic, political and environmental factors, such as wars, natural disasters, or national elections.

What is a forex broker?

Brokers act as intermediaries, facilitating trades by providing clients access to the 24-hour interbank
in order to conduct trades.

FXTM offers a number of different accounts, each providing services and features tailored to our clients’ individual trading objectives. Discover the account that’s right for you on our account page. New to forex trading? Learn about the markets by opening a demo account page.

Understanding currency pairs

All transactions made on the forex market involve the simultaneous purchasing and selling of two currencies.
These are called ‘currency pairs’, and include a base currency and a quote currency. The diagram below represents the forex pair EUR/USD (euro/US dollar), one of the most common currency pairs traded on the forex market.

Sell 1 euro for 1.0916 US dollars

Buy 1 euro for 1.0918 US dollars

1.0918 - 1.0916 = 0.0002 (2 pips)

Base currency

The base currency is the first currency that appears in a forex pair. This currency is bought or sold in exchange for the quote currency.
So, based on the example above, it will cost a trader 1.0916 USD to buy 1 EUR.
Alternatively, a trader could sell 1 EUR for 1.0916 USD.

Quote currencies

The second currency of a currency pair is called the quote currency. In EUR/USD for example, USD is the quote currency.

Ask price

Tthe ask price is the value at which a trader accepts to buy a currency .

Bid price

The bid price is the value at which a trader is prepared to sell a currency.

Spread

A spread is the difference between the ask price and the bid price. In other words, it is the cost of trading.
For example, if the euro to US dollar is trading with an ask price of 1.0918 and a bid price of 1.0916, then the spread will be the ask price minus the bid price. In this case, 0.0002.

A point in price – or pip for short – is a measure of the change in a currency pair in the forex market.
The acronym can also stand for ‘percentage in point’ and ‘price interest point’. A pip is used to measure price movements, and it represents a change in a currency pair. Most currency pairs are quoted to five decimal places.

Note: forex prices are often quoted to four decimal places because their spread differences are typically very small. However, there is no definitive rule when it comes to the number of decimal places used for forex quotes.

On the forex market, trades in currencies are often worth millions, so small bid-ask price differences (i.E. Several pips) can soon add up to a significant profit. Of course, such large trading volumes mean a small spread can also equate to significant losses.
Always trade carefully and consider the risks involved.

Visualising
currency trades

Trades & key terminology

A ‘position’ is the term used to describe a trade in progress. A long position means a trader has bought a currency expecting its value to increase. Once the trader sells that currency back to the market (ideally for a higher price than he paid for it), his long position is said to be ‘closed’ and the trade is complete.
A short position refers to a trader who sells a currency expecting its value to decrease, and plans to buy it back at a lower price. A short position is ‘closed’ once the trader buys back the asset (ideally for less than he sold it for).

For example, if the currency pair EUR/USD was trading at 1.0916/1.0918, then an investor looking to open a long position on the euro would purchase 1 EUR for 1.0918 USD. The trader will then hold on to the euro in the hopes that it will appreciate, selling it back to the market at a profit once its price has increased.

An investor going short on the EUR would sell 1 EUR for 1.0916 USD. This trader expects the euro to depreciate, and plans to buy it back at a lower rate if it does.

What are the most traded currency pairs on the forex market?

There are seven major currency pairs on the forex market. Other brackets include crosses and exotic currency pairs, which are less commonly traded and all relatively illiquid (i.E., not easily exchanged for cash).

MAJOR CURRENCY PAIRS

Major currency pairs are the most commonly traded, and account for nearly 80% of trade volume on the forex market.
These currency pairs could typically have low volatility and high liquidity.

They are associated with stable, well managed economies, are less susceptible to manipulation and have smaller spreads than other pairs.

CROSSES

Cross currency pairs – crosses – are pairs that do not include the USD.
Historically, crosses were converted first into USD and then into the desired currency, but are now offered for direct exchange.

The most commonly traded are derived from minor currency pairs (e.G. EUR/GBP, EUR/JPY, GBP/JPY); they are typically less liquid and more volatile than major currency pairs.

EXOTIC CURRENCY PAIRS

Exotics are currencies from emerging or smaller economies, paired with a major.

Compared to crosses and majors, exotics are much riskier to trade because they are less liquid, more volatile, and more susceptible to manipulation.

They also contain wider spreads, and are more sensitive to sudden shifts in political and financial developments.

We’ve created a table below which showcases several different currency pairs from each bracket, as well as some nicknames which were coined by traders themselves.

7 MAJOR PAIRS

6 MINOR PAIRS

6 EXOTIC PAIRS

Brackets

MAJOR CURRENCY PAIRS

MINOR CURRENCY PAIRS

EXOTIC CURRENCY PAIRS

Nicknames

Popular currency pairs

Abbreviations

UNDERSTANDING FOREX CHARTS

CANDLESTICK CHART

A candlestick is a chart, also known as a japanese candlestick chart, that is often favoured by traders due to the wide range of information it portrays. The chart displays the high, low, opening and closing prices.

A candlestick has three points: open, close and the wicks.
The wicks show the high to low range and the 'real body' (wide section) shows investors if the closing price was higher or lower than the opening price.

If the candlestick is filled, then the currency pair closed lower than it opened. If the candlestick is hollow, then the closing price is higher than the opening price.

BAR CHART

A bar chart shows the opening, close, high and low of the currency pair’s prices.

The top of the bar represents the highest paid price and the bottom indicates the lowest traded price for that specific time period.

The actual bar represents the currency pair's overall trading range and the horizontal lines on the sides represent the opening (left) and the closing prices (right).

A bar chart is most commonly used to identify the contraction and expansion of price ranges.

LINE CHART

A line chart is easy to understand for forex trading beginners. In a line chart, a line is drawn from one closing price to the next.

When connected, it is easy to identify a general price movement of a currency pair throughout a time period and determine currency patterns.

NEED TO KNOW MORE ABOUT TRADING FOREX?

How to start trading with a forex broker

A broker such as FXTM acts an intermediary between the traders and the liquidity providers. It facilitates in the execution of clients’ orders.

It is recommended to choose a licensed, regulated broker that has at least 5 years of proven experience. If your broker abides by regulatory rules, then you can be sure that they are legitimate.

Once you have an active account, you can trade — but you will be required to make a deposit to cover the costs of your trades. This is called a margin account.

However, it’s really important to remember that becoming a profitable trader isn’t an overnight process. It takes time to become familiar with the markets, and there’s a whole new vocabulary to learn. For this reason, reputable brokers like FXTM offer a demo account. This is a great way to experiment with different trading strategies – but with virtual money and none of the risk!

Once you’re ready to move on to live trading, we’ve got a great range of trading accounts to suit you.

Learn forex trading

As a global broker, we’re firm believers that developing a sound understanding of the markets is imperative to a trader’s potential to succeed. That’s why FXTM offer a vast range of industry-leading educational resources in a variety of languages which are tailored to the needs of both new and experienced traders.

These include free webinars, ebooks, articles and more. Prefer to learn from an expert in person? We also hold insightful seminars and workshops in various regions around the world that a cover a multitude of topics.

There are also many forex tools available to traders such as margin calculators, pip calculators, profit calculators, economic trading calendars, trading signals and foreign exchange currency converters.

Forex widgets can help to enhance your trading experience. Some of the more popular widgets include live rates feed, live commodities quotes, live indices quotes, and market update widgets.

MT4 & MT5 webtrader platforms

A forex trading platform is an online software which enables investors to access the foreign exchange market. It can be used to open, close and manage trades from the device of their choice and contains a variety of tools, indicators and timeframes designed to allow you to monitor and analyse the markets in real-time.

As a leading global broker, FXTM are committed to providing services tailored to the needs of our clients. As such, we’re s proud to offer our traders the choice of two of the industry’s leading forex trading platforms; metatrader 4 (MT4) and metatrader 5 (MT5). They are both available on a PC, mac, mobile (ios and android) or tablet.

Metatrader 4

Metatrader 4, also known as MT4, provides access to a range of markets and hundreds of different financial instruments, including foreign exchange, commodities, cfds and indices.

It provides you with all the tools you need to both manage your trades and analyse the markets, whilst also being completely free to download.

With the metatrader 4 platform, you’ll enjoy easy-to-read, interactive charts that allow you to monitor and analyse the markets in real-time. You’ll also have access to more than 30 technical indicators which can help you to identify market trends and signals for entry and exit points.

Metatrader 5

Metatrader 5, or MT5, is the newest and most advanced online and free trading platform. Trading on MT5 via FXTM gives you even greater access to financial markets including foreign exchange, commodities, cfds, stocks, futures and indices.

Its diverse functionality, fundamental and technical analysis tools, copy trading and automated trading equip you with the best tools and instruments available.

Other great benefits of MT5 include a multi-threaded strategy tester, fund transfer between accounts and a system of alerts to keep up to date with all the latest market events. Traders can also communicate through the embedded MQL5 community chat to network with other traders and share tips and strategies.

These platforms, combined with innovative services such as FXTM’s pivot point tool and FXTM invest, as well an award-winning customer support team, ensures FXTM traders have all the resources they need to trade with confidence.

You can find out more about our trading platforms, or download MT4 and MT5 from our trading platforms page.

Still not trading with a world-leading broker? Sign up today.

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Forextime limited (www.Forextime.Com/eu) is regulated by the cyprus securities and exchange commission with CIF license number 185/12, licensed by the financial sector conduct authority (FSCA) of south africa, with FSP no. 46614. The company is also registered with the financial conduct authority of the UK with number 600475.

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Risk warning: trading forex and leveraged financial instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the client to ascertain whether he/she is permitted to use the services of the FXTM brand based on the legal requirements in his/her country of residence. Please read FXTM’s full risk disclosure.

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