A great risk management tool, offered to you at no additional charge. 5 trillion of daily trading volume it’s really dynamic. This is why Forex is a favorite amongst both novice and advanced traders. The five most popular Forex pairs involve some of the World’s most powerful currencies including the U. When you trade Forex, you basically sell one currency for the other, but they are considered as one unit. The base currency is the one on the left i.
USD, the non-base currency is the one on the right. 84888 you sell 1 dollar and purchase 0. Buying and Selling a pair depends on the market conditions of their currency. For example a negative announcement from the European Central Bank, could cause the euro to drop significantly against the dollar. USD meaning they sell EUR and buy USD in the hope that it will gain over the EUR due to the announcement. We offer our clients negative balance protection and their funds are held in segregated accounts. CFDs and Options are complex instruments and come with a high risk of losing money rapidly due to leverage.