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What is Forex Trading?

Forex Trading is the buying and selling of money on the IBFXM (Interbank Foreign Exchange Currency Market)

We trade primarily in the major currencies:

  • USD – US dollar
  • JPY – Japanese Yen
  • EUR - Euro
  • GBP – British Pound
  • CHF – Swiss Frank

You then trade in a specific currency pair by “buying” in anticipation of a price increase or “selling” in anticipation of a price decrease – taking your profit in USD.

Trading for the individual like you and me became available thanks to the Internet and user-friendly software trading through a trading platform.

 

 

 

 

 

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