Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. I want to get the full set of a trader: educational videos and books, news, analytics, etc. Enjoy the process of learning with us! The file was sent to your e-mail address. The answer is simple: currencies of various countries.
All participants of the market buy one currency and pay another one for it. Each Forex trade is performed by different financial instruments, like currencies, metals, etc. Major currencies are quoted against the U. The first currency of the pair is called base currency and the second one – quoted.