Currency Trading

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The currency market is the largest investment market in the world and allow 24/7 trading in currency pairs. Currencies are traded against one another as pairs (e.g. EUR/USD) and each pair is typically quoted in pips (percentage in points) out to five decimal places. Traders who stay with pairs based on the U.S. dollar (USD) will find the most volume in the U.S. trading session. Some currencies move as much as 100 pips or more in a single trading session, making the currency trading extremely profitable. Most online brokers offer very high leverage to individual traders who can control a large trade with a small account balance.