Forex Basics
What Is Forex
This page is part of our forex basics education. The most useful place to land is the full forex basics guide below, where the plain-English, risk-first learning lives. Everything here is educational and is not financial advice.
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What the forex basics guide covers
Forex is the market for exchanging one currency for another, quoted in pairs such as EUR/USD. A trade is a view on one currency relative to the other. The core mechanics to learn first are how pairs are priced, what a pip and a lot measure, and how leverage and margin magnify both gains and losses. None of this is a promise of profit; it is the vocabulary you need before risking anything.