An Introduction to Forex Trading

Forex trading is usually done through a broker or market maker. As a forex trader you can choose a currency pair that you expect to change the value and place a trade accordingly. For example, if you had purchased 1,000 Euros in January 2005, it would have cost you about 1200 euros. In 2005 the value of Euroa € ™ against the value of the U.S. Dollarâ € ™ increased. At the end of the year 1,000 Euros was worth $ 1,300 U.S. Dollars. If you had chosen to end your trade at that time, you would have a gain of $ 100.