The forex market is the largest, most volatile financial market in the world. Before you jump in, you'll want to know the ...

Forex is usually an afterthought for investors ... If you choose to buy the pair, you expect the base currency, which is displayed to the left, to rise against the currency on the right.

A standard lot equals 100,000 units of the base currency in a forex trade. Currencies are traded in lots rather than singular units. There are four common sizes: standard, mini, micro ...

Forex trading involves buying one currency ... A foreign exchange pair is made up of two parts. The base currency is listed first. The quote currency is listed second. Thus, in the case of EUR ...

Forex trading is decentralized—currency trades ... The first currency in a pair—EUR in our example—is the base currency. The second currency is the quote currency. Near the end of June ...