*Market data is indicative and may be delayed; it is provided for informational purposes only. Spreads may widen at market open and close and before announcements. Log in to our platform for real-time pricing.
Forex trading is the buying and selling of currencies against each other. Currencies are quoted in pairs, such as EUR/USD, and you profit or lose depending on how the exchange rate moves.
The forex market trades 24 hours a day from Monday to Friday, following the trading sessions in Sydney, Tokyo, London and New York.
The spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair. It is one of the main costs of a trade, and it can widen at market open and close or around major news.
Leverage lets you open a larger position than your deposit alone would allow. With 1:500 leverage, $100 of margin controls a $50,000 position.
Leverage magnifies both profits and losses, so use it carefully and manage your risk.
You can trade forex on our WebTrader platform in any browser, on desktop and mobile.
Currency prices can move quickly, and leveraged trading can lead to losses that exceed what you expect. Only trade with money you can afford to lose, and consider using stop-loss orders.
