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Standard Forex Trading Account You can open an account with a forex broker and trade currencies from around the world. There are several differences in how this market operates when compared to the U.S. stock exchanges: Currencies are traded in pairs—you are betting one will go up (long) and...

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Forex – The Global Giant The global forex market is the largest market in the world with over US$5 trillion traded daily, according to Bank for International Settlements (BIS) data.1 The forex market, however, is not the only way for investors and traders to participate in foreign exchange...

Buying and Selling Currency Explained It is important to note that currencies are traded and priced in pairs. For example, you may have seen a currency quote for a EUR/USD pair of 1.1256. In this example, the base currency is the euro. The U.S. dollar is the quote currency. In all currency...

How Triangulation Changes the Process Before triangulation existed, a company in the U.K. selling products in Switzerland and receiving Swiss francs had to sell Swiss francs for U.S. dollars and then sell U.S. dollars for British pounds. Before cross currencies existed, repatriations occurred by...