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There are many different trading tools, advanced features, and derivative types available to traders in the FX market, but all of these require a firm grasp of currency pairs — also known as forex pairs. Discover more about this important aspect of trading below. Understanding forex currency pairs As you learn how to trade on Continue Reading

In a general sense, correlation is something you’ll be looking for as you analyse and assess the forex market. While correlation does not always equal causation, it can still be useful in forecasting and predicting future market movements — techniques that will become increasingly important as you learn how to trade forex in a more Continue Reading

Exchange rates underpin the entire forex market, and you’ll need to know how to view, read and understand these rates as you develop your trading skills. Learn more in our guide. Understanding exchange rates in forex What is the exchange rate? The exchange rate in forex indicates how much of one currency is required to Continue Reading

Understanding leverage trading What is leverage in forex? Leverage trading is a way to increase your exposure to market forces when you deal in foreign currency pairs. The forex market works according to laws of risk and reward — the greater the risk, the greater the potential reward. Therefore, the higher the leverage rate, the Continue Reading

Understanding pips in forex Pips in forex are the incremental price movements of currency pairs on the foreign exchange market. The term is an acronym for “price in percentage” or “percentage interest point”. When the price of a currency pair moves up or down, the extent of this movement is measured in pips, which are Continue Reading