Every second, about $850 million changes hands in the foreign exchange (forex or FX) market, making it the world's largest financial marketplace, with daily trading volume reaching $7.5 trillion.

If you are interested in trading currencies, it helps to understand what a currency quote is and how it works. A currency quote is the price of one currency in terms of another. It tells you how much ...

Foreign exchange trading, or FX trading, sometimes feels like all the rage and a fast route to riches. But the reality couldn’t be more different. Most so-called retail traders (those of us without ...

Although forex (FX) is the largest financial market in the world, it is relatively unfamiliar terrain for retail traders. Until the popularization of internet trading, FX was primarily the domain of ...

Forex traders make bets on fluctuations in global currency prices. Trades can use leverage and margin to make big profits on relatively small positions. These markets are volatile and unpredictable, ...

Spot trading refers to transactions in financial markets for instant delivery or “on the spot.” Spot trades typically settle within a few business days of the deal being struck. The forex market is ...