There are two main ways to trade currencies: spot FX and CFDs. Spot FX is the method we’ve been covering so far – trading the quote currency for the base. CFD trading, meanwhile, works...
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When you trade forex, you’re buying or selling a currency pair – such as EUR/USD, GBP/USD, or USD/JPY. Let’s take a closer look at the anatomy of forex pairs. The first currency in a...