Forex trading
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EUR/USD as low as 0.0 with fixed $7 USD commissions per $100k USD traded
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Super-fast and reliable trade executions
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Powerful, purpose-built currency trading platforms
Forex explained
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A quick snapshot of FX
Forex trading is the act of speculating on the movement of exchange prices by buying one currency while simultaneously selling another. -
There’s no larger market
With an average turnover in excess of $7.5 trillion a day*, currency prices are constantly fluctuating – creating endless trading opportunities in the world's most traded market.
*According to BIS. The trading volumes provided above correspond to the global Interbank Market. FOREX.com clients do not have direct access to the Interbank Market, and the available liquidity is limited to the specific sources used by FOREX.com.
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Forex never sleeps
As a globally traded market, the foreign exchange market is open 24 hours a day, five days a week (Sunday 5PM EST to Friday 5PM EST). Our platforms are well-equipped to handle the spontaneous market stimulation that comes with each piece of breaking news worldwide.
Client Sentiment
Last data update --:--
Our client sentiment widget displays real-time data of the long and short positions per instrument, as well as the percent of that volume. Please log in to see the latest pricing live, or read our in-depth guide on how to use market sentiment in forex trading.
Market-leading FX pricing
Choose from spread-only or RAW spread pricing
USD/RUB and EUR/RUB are currently unavailable for trading. See Ruble update.
During times of high volatility and/or low liquidity, spreads may be higher than the typical and as low as spreads published on the website. This can include, but is not limited to the market open and around 5 pm EST during trading hours. Typical spreads may not be available for Managed Accounts and accounts referred by an Introducing Broker.
Award-winning FX trading apps
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80 indicators, 11 chart types and 14 timeframes
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Analyze your decision-making with the latest behavioral science technology
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A research portal that uses technical analysis to scan the markets
Daily Forex moves and news
Earn cash rebates and access other exclusive benefits with the FOREX.com VIP program.
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Functional Benefits
Earn up to $10 in cash rebates per million FX traded in monthly volume and get interest on your average daily available margin up to 5% APY.*
*T&C apply
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White Glove ServiceTake advantage of one-on-one guidance from our relationship managers to help you with your trading expertise.
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No Fee NecessaryJoin the FOREX.com VIP program to enjoy waived bank fees for your wire transfers.
Forex Trading FAQs
Where is forex traded?
Forex is traded via a global network of banks in what’s known as an over-the-counter market – unlike shares and commodities, which are bought and sold on exchanges. Because of this, you can trade forex 24-hours a day, 5 days a week, between Sunday 5PM to Friday 5PM.
FX trading is split across four main ‘hubs’ in London, Tokyo, New York and Sydney. When banks in one of these areas close, those in another open, which is what facilitates round-the-clock trading.
However, there’s no physical location where these banks and individuals trade with each other. Instead, it is entirely online.
Why do people trade currencies?
People trade currencies for lots of different reasons. You’ve probably traded a currency if you’ve ever bought goods overseas, for example, or gone on a foreign holiday. However, the vast majority of FX trading is done for profit.
Currencies are constantly moving in value against each other. On any given day, the pound might be rising against the dollar, while the euro falls against the Swiss franc. Forex traders buy and sell currency pairs to try and take advantage of this volatility and earn a return.
For instance, if the pound is rising against the dollar, you might buy GBP/USD. When you buy this pair, you’re buying pound sterling (GBP) by selling the US dollar (USD). Then, if the pound continues to outpace the dollar, you can sell the pair to exchange your GBP back for USD and keep the difference as profit.
When is the forex market open for trading?
The forex market is open for trading 24-hours a day from 10pm (UTC) on Sunday to 10pm (UTC) on Friday. That means with FX, you can build your trading strategy around your schedule, instead of having to conform to when a stock exchange is open.
However, there are times when the market is much more active, and times when it is comparatively dormant.
Why FOREX.com?
Reliable, consistent trade execution
Award-winning trading platforms
Global market leader
Part of the StoneX Group
*Refers to FX executions for GAIN Capital Group LLC. Please note that multiple factors may impact execution speed, including but not limited; market conditions, platform type, network connectivity, trading strategies, and account type. Forex.com’s execution statistics represent GAIN Capital Group LLC orders executed on FOREX.com's platforms during market hours between September 30, 2024, 5:00 pm ET, and October 31, 2024, 5:00 pm ET and excludes trades/orders entered on the MetaTrader platform.
Market volatility, volume, and system availability may delay trade executions. Price can change quickly in fast market conditions, resulting in an execution price different from the price available at the time order is submitted. Price improvement is not guaranteed and will not occur in all situations.
Excludes trades that received non-standard order processing and orders that failed to trigger.