FOREX

Forex

Trade currencies in the largest market in the world with more than $5 trillion in daily trading volume. Featuring robust depth and maximum liquidity, the forex is a premier destination for active traders around the globe.

What is Forex?

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $6.6 trillion. Learn More

Why Trade Forex?

The foreign currency exchange offers an abundance of potential opportunities for veteran traders as well as those new to the markets. If you are searching for a target-rich environment for active trading, look no further than the forex.

Forex Never Sleeps

With no set exchange hours, you can trade currencies 24 hours a day, 5 days a week.

Trade on Margin

You can trade forex with leverage (30:1 for major currency pairs)1

Unmatched Liquidity

Deep liquidity makes it easier to get in and out of trades at any time, even in large sizes.

Forex Never Sleeps

With no set exchange hours, you can trade currencies 24 hours a day, 5 days a week.

Trade on Margin

You can trade forex with leverage (30:1 for major currency pairs)1

Unmatched Liquidity

Deep liquidity makes it easier to get in and out of trades at any time, even in large sizes.

Remember that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Forex Currency Pairs

Most Popular Shares AU Shares Forex Stock Baskets Forex Baskets Cryptocurrencies Indices Commodities Treasuries

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Instrument Price 24h % 1Y Range
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The majors and the commodity pairs are the most liquid and most widely traded currency pairs in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all trading on the forex. Due to the fact they attract the largest volume of buyers and sellers, spreads are typically the tightest.

  • Majors: EUR/USD, USD/JPY, GBP/USD, USD/CHF
  • Commodity Pairs: AUD/USD, USD/CAD, NZD/USD

However, there are other currency pairs that allow you to take advantage of macroeconomic events in specific international markets, such as the USD/MXN (US Dollar/Mexican Peso).

Symbol Guide

Symbol Country Currency
AUD Australia Dollar
CAD Canada Dollar
CHF Switzerland Franc
CNH China Yuan
EUR Eurozone Euro
GBP Great Britain Pound
JPY Japan Yen
MXN Mexico Peso
NOK Norway Krone
NZD New Zealand Dollar
SEK Sweden Krona
TRY Turkey Lira
USD United States Dollar
ZAR South Africa Rand

How Do You Make Money With Forex Trading?

The international currency trade furnishes participants with an unparalleled collection of opportunities. Given the depth and liquidity of the forex, it is possible to implement almost any viable strategy with maximum efficiency. From short-term intraday approaches to multi-session swing trading plans, profiting from periodic exchange rate fluctuations can become not only possible but probable.

Perhaps the single most beneficial attribute of the forex is flexibility. Unlike in more conventional trading modules such as stocks, forex trading profits are not limited only to buying low and selling high. You are able to make money from being either long or short a specific market, increasing the number of potential trading opportunities exponentially.

Whether your outlook on a currency is bullish or bearish, you have the ability to capitalise upon the idea - buy low and sell high or sell high and buy low.

Despite the flexibility, there is no guarantee that trading will result in profits or not result in losses.

How to calculate your Forex Profit?

As it pertains to any business ― active trading or otherwise ― profit is the difference between gains and losses minus operating expenses. The beauty of forex trading is that quantifying profit is straightforward because expenses are limited, and gains and losses are easily accounted for.

The best way to manage profit is through regularly referencing your trading platform. Software suites such as Trading Station and Metatrader 4 calculate gains and losses on a pip-by-pip basis. As the market moves, your account balance is updated automatically via the functionality of your platform.

At the end of the day, making money is the goal of any trader. With FXCM, you will always know your P&L, freeing up time for active trading.

How much money do you need to Get Started?

One of the largest advantages to trading forex is the minimal amount of capital necessary to get started. Retail traders with limited resources are afforded access to the same markets as institutional participants. In fact, Deposit €300 and trade most of the products.

Conventional financial wisdom suggests that it takes a lot of money to participate in the markets. That is the beauty of the forex ― you don't need to be a millionaire to trade. Utilize the potential of your risk capital.

Of course, as you gain experience in the markets, your goals and resources will often change. In order to cater to the needs of the evolving trader, FXCM offers a variety of account types. Rest assured that no matter your resources and trade-related objectives, FXCM can furnish an alternative designed to enhance your trading experience in the forex market.

Why Trade With FXCM?

FXCM is a global leader in the provision of forex and CFD market access. If you are an active trader or a newcomer anxious to get started, our award-winning service suite stands ready to help you achieve your goals in the marketplace.

Here are the benefits of trading with FXCM:

  • Diversity of options: Trade an array of popular currency pairs and CFDs with improved execution and no restrictions for stop and limit orders on major indices.
  • Powerful Trading Platforms: Engage the markets with confidence via FXCM's flagship Trading Station platform. It is available in desktop, mobile, or the Mac-friendly Trading Station Web 3.0 format.

In addition to these perks, all live account holders enjoy access to Free Live Trading Signals courtesy of FXCM PLUS. Featuring proprietary signals and analytics, FXCM PLUS has everything you need to maximize your performance in the ultra-competitive forex environment.

If you are an active trader, you can be eligible for different tier pricing. Learn More

Before you start trading, you should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade Forex With FXCM

Forex Spreads

With FXCM you pay only the spread to trade forex. Reduced pricing is available to high-volume investors.

Learn More

Execution Transparency

It is our mission to provide you with the best trading experience. Explore our quality pricing, transparency and execution services.

Learn More

Trading Station

Our proprietary trading platform provides powerful analytics tools for chart traders and straightforward capabilities for new traders.

Learn More

Disclosure
1

Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be appropriate for all investors.

The following information is applicable in relation to any tools and analysis services, Trading Signals, Technical Analysers, and Trading Analytics. These materials constitute marketing communication and do not take into consideration your personal circumstances, investment experience or current financial situation. The content is provided as general market commentary and should not be construed as containing any type of investment advice, investment recommendation and/or a solicitation for any investment transactions. This market communication does not imply or impose an obligation on you to perform an investment transaction and/or purchase investment products or services. These materials have not been prepared in accordance with legal requirements designed to promote the independence of investment research and are not subject to any prohibition on dealing ahead of the dissemination of investment research.

FXCM, and any of its Affiliates, shall not in any way be liable to you for any inaccuracies, errors or omissions, regardless of cause, in the content of these materials, or for any damages (whether direct or indirect) which may arise from the use of such materials, services and their content. Consequently, any person acting on them does so entirely at their own risk. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.

Spreads Widget: When static spreads are displayed, the figures reflect a time-stamped snapshot as of when the market closes. Spreads are variable and are subject to delay. Single Share prices are subject to a 15 minute delay. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.

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