How to trade forex futures

By using our site, you agree to our cookie policy. Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. How to trade forex futures can trade forex online in multiple ways.

The type of currency you are spending, or getting rid of, is the base currency. The currency that you are purchasing is called quote currency. In forex trading, you sell one currency to purchase another. The exchange rate tells you how much you have to spend in quote currency to purchase base currency.