About Forex Trading
Forex trading allows traders to buy and sell currency pairs with an intention to earn returns due to fluctuations in their relative value against the other currency. Forex trading happens always in pairs- the first currency is the base and the second is called the quote currency. Buy/sell trades are placed simultaneously changing the value of one currency in relation to the other one.
Symbol | Typical Spread |
---|---|
AUDUSD | 0.6 |
EURUSD | 0.3 |
EURGBP | 0.8 |
GBPUSD | 0.5 |
USDJPY | 0.4 |