The essence of Forex trading is very simple. You exchange one currency for another when its price is low and then exchange it back when the price is higher and by doing so, you make profits. This simple tool shows you the mechanics of it. Note, in this example, the default leverage is 100:1 which means that each dollar in your account goes as 100 dollars. Higher leverage increases your profit potential, but also the risks of trading.

In the actual trading account, you will be able to determine the leverage size of your trades.

To see how Forex works, please select a currency that you think will go up and click Buy. Then wait few minutes to see how much money you will make or loose on such trade with current market quotes.