Established in , Pepperstone has quickly grown into one of the largest forex and CFD brokers in the world. With 11 trading platforms including MT4 and cTrader, Pepperstone provides the technology to trade your way, whenever you want. Pepperstone offers a wide range of resources to our valuable clients to help create the best possible trading experience. Team up with the best. A trader would open a buy position if they believe that the value of that specific base currency would increase.
A trader would open a sell position if they believe that the value of that specific base currency would decrease. The spot FX market is unique among the world financial markets in that it's open 24 hours a day, 5 days a week. Sample period 1st st of October CFDs and margin FX are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment.
You do not own, or have any rights to, the underlying assets. You should only trade with money you can afford to lose. Past performance is no guarantee of future performance and tax laws may be subject to change. Please consider our Risk Disclosure Statement , PDS and FSG and ensure that you fully understand the risks involved in light of your personal circumstances before you decide whether to acquire our services.
We encourage you to seek independent advice if necessary. Live Account Demo Account. Trading Platforms With 11 trading platforms including MT4 and cTrader, Pepperstone provides the technology to trade your way, whenever you want. Client Resources Pepperstone offers a wide range of resources to our valuable clients to help create the best possible trading experience.
How does Forex Work? Forex trading is the simultaneous buying of one currency and selling of another These two currencies make up what is known as a "currency pair" Currencies are always traded in pairs - each currency is represented by three letters The first two letters represent the country and the third letter identifies the currency Forex pairs are read in the opposite direction of mathematical proportions or ratios For example: S Dollar This notation means that 1 unit of the base currency that is, 1 Euro is equal to 1.
S Dollars You have to pay 1. S Dollars to buy 1 Euro If selling, the foreign currency exchange rate specifies how much units of the quote currency you get for selling one unit of the base currency In the above example, you will receive 1. S Dollars when you sell 1 Euro When to Buy? When can Currencies be Traded?More...