New to forex?
Online forex trading has become extremely popular, and foreign exchange is now one of the largest, most liquid financial markets.
Forex trading explained
Foreign exchange trading – often known as forex or FX trading – enables you to utilise your skills in anticipating currency market movements.
how to trade forex
Major forex pairs include euro against US dollar, sterling against US dollar and Australian dollar against US dollar. These are represented as EUR/USD, GBP/USD, AUD/USD.
An example of a forex trade would be to buy sterling (GBP), while selling the US dollar (USD). This is an example of placing a 'buy' trade on the pair GBP/USD.
See one of our practical forex examples to gain a better understanding of how to trade forex CFDs.
Keep abreast of the factors which influence currency movements with our twice-daily Forex Focus reports. Each update includes performance charts with accompanying analyses of three topical currency pairs.
For more information, visit our on demand seminars page to view a special online seminar presented by David Jones, our chief market strategist.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.