Forex trading

Since 2001, FOREX.com has made its name by providing the most reliable service and powerful platforms to allow our customers to trade to their fullest capabilities.

Forex explained

What is forex trading?
Forex trading has grown ever more popular with retail traders like you. But what exactly is forex?
Why trade forex?
Overflowing with opportunities, 24-hour and no commissions with tight spreads for a standard account – see why forex is the most traded market in the world.
How to trade forex
Want to know what a forex trade looks like? This section details how to place a forex trade on our platform.

Market-leading FX pricing

Standard spread pricing, no commissions

USD/RUB and EUR/RUB are currently unavailable for trading. See Service Updates.

Spreads will vary based on market conditions, including volatility, available liquidity, and other factors. Typical Spreads may not be available for Managed Accounts and accounts referred by an Introducing Broker.

Forex Trading tools
We offer sophisticated trading tools, competitive spreads and exceptional execution quality on over 80 currency pairs.
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Currency Converter
Calculate the foreign exchange rates of major FX currency pairs using our free currency converter.
Margin pip calculator by FOREX.com
Margin pip calculator by FOREX.com
Margin & Pip Calculator
Use our free pip value calculator to estimate your potential profits or losses before you start trading a currency pair.

Award-winning FX trading apps

Designed for instant control wherever you are, enjoy one-swipe trading, intelligent buy/sell signals, and a customizable layout to suit your trading style.


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Forex trading accounts

Flexible account types give you the option of choosing a pricing model that best suits your trading style.

Standard Account
Standard Account
Standard Account

Ideal for traders who want a traditional currency trading experience.

No commissions, traditional competitive
spread pricing.

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Commission Account

For traders who are seeking ultra-tight spreads with fixed commissions.

EUR/USD as low as 0.2 with low fixed
commissions of $5 per 100K.

STP Pro Account

Designed for serious high-volume FX traders looking for maximum control.

Recommended balance $25,000,
minimum trade size 100K.

Lower your trading costs by up to 15%

Earn cash rebates and access other exclusive benefits with the Active Trader program.

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Learn forex trading

Increase your knowledge and gain valuable insight with our complimentary suite of in-depth educational articles detailing all aspects of forex trading.
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Frequently asked questions

Where is forex traded?

Forex is traded via a global network of banks in what’s known as an over-the-counter market – unlike shares and commodities, which are bought and sold on exchanges. Because of this, you can trade forex 24-hours a day.

FX trading is split across four main ‘hubs’ in London, Tokyo, New York and Sydney. When banks in one of these areas close, those in another open, which is what facilitates round-the-clock trading.

However, there’s no physical location where these banks and individuals trade with each other. Instead, it is entirely online.

Learn more about how to trade forex.

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Why do people trade currencies?

People trade currencies for lots of different reasons. You’ve probably traded a currency if you’ve ever bought goods overseas, for example, or gone on a foreign holiday. However, the vast majority of FX trading is done for profit.

Currencies are constantly moving in value against each other. On any given day, the pound might be rising against the dollar, while the euro falls against the Swiss franc. Forex traders buy and sell currency pairs to try and take advantage of this volatility and earn a return.

For instance, if the pound is rising against the dollar, you might buy GBP/USD. When you buy this pair, you’re buying pound sterling (GBP) by selling the US dollar (USD). Then, if the pound continues to outpace the dollar, you can sell the pair to exchange your GBP back for USD and keep the difference as profit.

Read more about forex trading.

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When is the forex market open for trading?

The forex market is open for trading 24-hours a day from 10pm (UTC) on Sunday to 10pm (UTC) on Friday. That means with FX, you can build your trading strategy around your schedule, instead of having to conform to when a stock exchange is open.

However, there are times when the market is much more active, and times when it is comparatively dormant.

Find out more about market hours.

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Why FOREX.com?
A lot has happened since 2001. But throughout all that time we’ve remained steadfast, providing traders with the stability and opportunities they need to make their mark on the financial markets.
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Reliable, consistent trade execution
Peace of mind that your trades are executed swiftly, with a 99.63%* execution rate of less than a second.
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Award-winning trading platforms
Enjoy a suite of powerful, industry-leading platforms and get the popular charting program TradingView for free.
Global market leader
We have over two decades of experience in providing innovative products and helping traders achieve their goals.
StoneX
Part of the StoneX Group
As part of a NASDAQ-listed company, we’ve got financial strength and security you can depend on.

*Refers to FX executions for the FOREX.com group. Please note that multiple factors may impact execution speed, including but not limited; market conditions, platform type, network connectivity, trading strategies, and account type. FOREX.com's execution statistics represent orders executed on FOREX.com's platforms during market hours between July 31, 2022, 5:00 pm ET, and August 31, 2022, 5:00 pm ET for all FOREX.com's international affiliates and exclude trades/orders entered on the MetaTrader platform.

Market volatility, volume, and system availability may delay trade executions. Price can change quickly in fast market conditions, resulting in an execution price different from the price available at the time order is submitted. Price improvement is not guaranteed and will not occur in all situations.

**Excludes trades that received non-standard order processing and orders that failed to trigger

More markets to consider
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Blue icon of 3 bars representing gold and siilver
Gold and Silver
Economic turmoil? Precious metals are widely viewed as a safe haven during volatile times.
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Icon of 3 stacked up arrows with 3 down arrows in blue
Futures and Futures Options
Diversify your forex portfolio in the Small Exchange and trade with the efficiencies of futures and the simplicity of options through our affiliate, FuturesOnline.