What Is a Carry Trade? Interest Rates and Currencies
The carry trade aims to earn the difference between two countries’ interest rates. Here is how it works and why it can reverse suddenly.
1 min read
Section
Forex Trading
Currency markets in plain language, including the risks that come with leverage.
5 guides
Lot Size in Forex: Standard, Mini and Micro Lots
Lot size decides how much each price move is worth. A plain explanation of standard, mini and micro lots and how they connect to risk.
1 min read
What Is a Pip in Forex? Pip Value Explained
Pips are the unit forex prices move in. Here is how to count them, what a pipette is, and why the same move is worth different amounts in different trades.
2 min read
How Currency Pairs Are Quoted: Base, Quote, Bid and Ask
A currency quote packs a lot into a few digits. Here is how to read base and quote currencies, bid and ask prices, the spread and pips.
2 min read
What is Forex trading?
Every time a company pays a supplier abroad or a traveller swaps cash at an airport kiosk, one currency is exchanged for another. Forex trading is the name for that exchange when…
2 min read
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