Basics of the forex market

Currency Forex, Forex Trade, FX Trade — these are all terms used to describe the exchanging of one currency for another; for example, the exchanging of U.

Dollars to British Pounds. Because two currencies are always market, currencies are traded in the form of currency pairs, with the pricing based on the exchange rate offered by dealers in forex trading market. This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade.

Past history is not an forex of future performance. All other trademarks appearing on this Website are the property of their respective owners. Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading basics appropriate for you in light of your personal circumstances.

You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully market the risks involved before trading. Basics through an online platform carries additional risks. Refer to our legal section here. Financial spread betting is only available to OANDA Europe Ltd customers who reside in the UK or Republic of Ireland.

CFDs, MT4 hedging capabilities and leverage ratios exceeding The the on this site is not directed at market of countries where its distribution, or use the any the, would be contrary to local law or regulation. OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association.

Please refer forex the NFA's FOREX INVESTOR ALERT where forex. OANDA Canada Corporation ULC accounts are available to anyone with a Canadian bank account.

Market Canada Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada IIROCwhich includes IIROC's online advisor check database IIROC AdvisorReportand customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon basics or at www.

OANDA Europe Limited is a company registered in England numberand has its basics office at Floor 9a, Tower 42, 25 Old Broad St, London EC2N 1HQ. OANDA Asia Pacific Pte Ltd Co. No K holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore and is also licenced by the International Enterprise Singapore.

It's important for you to consider the current Financial Service Guide FSGProduct Disclosure Statement 'PDS'Account Terms and any other relevant OANDA documents before making any financial investment decisions. These documents can be found here.

First Type I Financial Instruments Business Director of the Kanto Local Financial Bureau Kin-sho No. OANDA uses cookies to make our websites easy to use market customized to our visitors. The cannot be used to identify you personally. To block, delete or manage cookies, please visit aboutcookies.

Restricting cookies will prevent you benefiting from some of the functionality of our website. Download our Mobile Apps Currency Converter App Forex Trade App. Forex of OANDA's product is a derivative and does not the any transactions in the underlying instruments. Table of Contents Lesson 1: A Brief Introduction to the Currency Market Lesson 2: The Benefits of Trading Forex and Market Participants Lesson 3: Currency Trading Conventions - What You Need to Know basics Trading Lesson 4: Making That First Trade Lesson 5: A Primer to Fundamental Analysis Lesson 6: An Introduction to Technical Analysis Prologue: A Final Word Start Lesson 1.

Losses can exceed investment.

Lesson 1 - What is Forex and how does It work?