The first currency listed in a pair is known as the base currency and the second currency is known as the quote currency. A forex price indicates how much one unit of the base currency will buy of the counter currency.
XE - Currency Trading and Forex Tips
All other global currencies also have symbols. Any symbol can be combined with another symbol to create a pair. That pair will then have a price based on how much of one currency it costs to buy the other.
Online CFDs and Forex Trading
Forex Social Trading — LiteForex
Starting on Sunday evening (in the US) the Asian markets open, followed by the European markets and then the North/South American markets.
Forex traders use a number of tools and strategies to help them decide when to get into trades, when to cut losses and when to take profits.
Improve you trading potential with transparent, reliable pricing and superior trade executions. We&rsquo re proud to say that we&rsquo re the only firm that proves it to you, with our Execution Scorecard .
Stay informed with exclusive access to market insights and actionable trade ideas from our award-winning research team delivered to you throughout the day.
Trade confidently with a provider you can trust. is well capitalised with a proven record of financial strength and stability to better protect our clients.
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. No: 5875876. Please refer to the NFA's FOREX INVESTOR ALERT where appropriate.