Forex Basics

A futures contract is an obligation to buy or sell a commodity at or before a given date in the future, at a price agreed upon today. Learn about forex market times, what the forex calendar dates are, and the forex hours for trading.

How FX Trading Works

In this forex market, you may buy or sell currencies during open forex hours. The objective is to earn a profit from your position.


Understanding FX Quotes

Reading a foreign exchange quote may seem a bit confusing at first. However, it's really quite simple if you remember two things:

Converting Futures to Forex

Of the 6 currency pairs listed (majors), there are three that are easy to convert. Equipped with this knowledge, you can trade easily during open forex market times

FULL RISK DISCLOSURE: Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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