Forex Investment and Currency Trading

Rollovers
A rollover is the process whereby the settlement of an open trade is rolled forward to another value date. The cost of this process is based on the interest rate differential of the two currencies.
In the spot FOREX market, trades must be settled within two business days. For example, if a trader sells a certain [...]

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What Does It Cost to Trade Currencies?
An online currency trading account (a “micro-account”) may be opened for as little as $100. Mini-accounts start at $300. Do not laugh—micro- and mini-accounts are a good way to get your feet wet without taking a bath. Unlike futures, where the size of a contract is set by the [...]

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Currency Pairs
Every FOREX trade involves the simultaneous buying of one currency and the selling of another currency. These two currencies are always referred to as the currency pair in a trade.
Major and Minor Currencies
The seven most frequently traded currencies (USD, EUR, JPY, GBP, CHF, CAD, and AUD) are called the major currencies. All other currencies [...]

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