Forex is all about ‘buying’ and ‘selling’ quantities of different currencies. For example, if you place a trade by selling EURUSD, then you are selling euros while buying dollars. You would do this if you think the euro is overvalued compared to the dollar and expect the euro to fall or the dollar to rise in value. If either of these things happen; you make a profit.
PROFIT BY SPECULATING ON CURRENCY MOVEMENTS.
Foreign Exchange trading (Forex or FX trading) is the largest traded market in the world, with an estimated $4 Trillion daily turnover.
With Spread Co Global Markets you can speculate on the movement of currencies – betting that the exchange rate between two currencies rises or falls − to make a profit.
We offer extremely tight spreads on 38 global currency pairs − tradable on our platforms 24 hours a day. Our spreads start from 0.8 pips for EURUSD on spread betting accounts. We also offer tight 1 pip spreads on GBPUSD, EURGBP, AUDUSD and USDJPY.
View our market information for further details on our spreads and margin requirements. Take a look at forex trading examples.