Trading Guide

Master the art of forex trading with our comprehensive guide. From basics to advanced strategies, learn everything you need to succeed in the forex market.

Getting Started with Forex Trading

Forex (Foreign Exchange) trading involves buying and selling currencies to profit from exchange rate fluctuations. It's the world's largest financial market, with over $6 trillion traded daily.

What is Forex?

Forex trading involves exchanging one currency for another, speculating on whether the value will rise or fall relative to another currency.

Why Trade Forex?

24/5 market access, high liquidity, low transaction costs, and the ability to profit in both rising and falling markets.

Currency Pairs

Major Pairs

EUR/USD, GBP/USD, USD/JPY, USD/CHF

Minor Pairs

EUR/GBP, EUR/JPY, GBP/JPY, AUD/CAD

Exotic Pairs

USD/TRY, EUR/TRY, GBP/ZAR, USD/MXN

Key Terms

Pip

The smallest price move in a currency pair

Spread

Difference between bid and ask prices

Leverage

Using borrowed capital to increase potential returns

Ready to Start Your Trading Journey?

Apply what you've learned and start trading with ForexPro's professional platform.