Forex trading FAQs
- What is forex?
- When is the forex market open for trading?
- What forex markets are available to trade at FOREX.com?
- Are there any data exchange fees associated with forex trading?
- Can I trade the Iraqi dinar (IQD)?
- Can I trade the Vietnamese Dong (VND)?
What is forex?
Forex, also known as foreign exchange or currency trading, is the buying of one currency by simultaneously selling another. Forex traders attempt to profit by speculating on the direction the currency exchange rates will go in the future.
For more information, read our What Is Forex course lesson.
When is the forex market open for trading?
You can trade forex at FOREX.com 24 hours a day, from Sunday to Friday. For details, please see our Market Trading Hours page.
What forex markets are available to trade at FOREX.com?
You can trade over 80 currency pairs at FOREX.com. View our full range of forex markets.
Are there any data exchange fees associated with forex trading?
FOREX.com does not charge data exchange fees. However, you may incur a rollover charge if you hold your positions overnight. Learn more about our rollover rates.
Can I trade the Iraqi dinar (IQD)?
At this time, FOREX.com does not offer trading in the Iraqi dinar (IQD). However, we do offer forex trading in over 80 currency pairs in addition to thousands of other markets including CFD stocks, indices, and commodities. View our available forex markets.
Can I trade the Vietnamese Dong (VND)?
At this time, FOREX.com does not offer trading in the Vietnamese Dong (VND). However, we do offer forex trading in over 80 currency pairs in addition to thousands of other markets including CFD stocks, indices, and commodities. View our available forex markets.