Course Content
What Is Forex Trading?
Forex is the world's largest market by trading volume and liquidity. Brokers, businesses, governments, and other economic agents trade currencies and forex derivatives to enable international commerce. Traders also use the market for speculative reasons. There are various arbitrage opportunities to be found with exchange rates and interest rates, making the market a popular one to trade in large volume or on leverage. The forex market consists of fiat currency pairs and their relative market prices. These pairs are typically bought and sold by the lot. A standard lot contains 100,000 units of the pair's base currency, but other smaller sizes are available, ranging down to 100 units. Traders commonly use leverage to increase the amounts they can invest with their capital. You can also offset risk by using forwards and swaps to trade a currency pair for a specific price in the future. Combining these two instruments with other trading strategies and products creates a variety of investment opportunities for forex traders.
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What Is Forex Trading?
About Lesson

In this strategy, you sell one lot of EUR/USD at 1.400 on the spot market to give you $140,000 at a cost of €100,000. Once you have the funds from your spot trade, deposit them in the USA for a year with 2% interest. When the year is up, you’ll have $142,800 in total.

Next up is for you to convert the $142,800 back to euros. With the futures contract, you sell back the $142,800 at the 1.4100 rate agreed, giving you roughly €101,276.60.