Currencies
The forex market trades over $7 trillion per day — bigger than all stock markets combined. Learn how it works, what moves exchange rates, and how to avoid the scams that target beginners.
Every time someone buys a product made in another country, takes a holiday abroad, or a company pays a foreign supplier — a currency exchange happens. The forex market exists to facilitate all of that, and more.
Forex is genuinely beginner-accessible because currency pairs are intuitive (EUR/USD = how many dollars one euro buys) and the market is open 24 hours, 5 days a week. The flip side: leverage is the norm in forex, which amplifies both gains and losses dramatically. Article 4 covers this in detail.
Start with Article 1 →Learning Path
6 articlesWhat Is Forex Trading and How Does It Work?
The world's largest market explained — who trades forex, why, and how.
Understanding Currency Pairs — Base and Quote Currency
EUR/USD, GBP/JPY — what the notation means and how exchange rates are quoted.
What Moves Currency Prices?
Interest rates, inflation, GDP, political risk — the macro forces behind forex moves.
What Are Pips, Lots and Leverage in Forex?
The unit system of forex trading — how pips are worth money and how leverage multiplies risk.
Major, Minor and Exotic Currency Pairs
The G7 majors, cross pairs, and exotic pairs — liquidity and volatility differences.
Is Forex Trading a Scam? How to Identify Red Flags
Signal sellers, bucket shops, and 'guaranteed returns' — how to tell the real from the fraudulent.
Concepts Covered
Click any concept to see its definition in the glossary.
Active recall is the fastest way to lock in what you've learned. The quiz covers all 6 articles in this section.
Take the Currencies Quiz →