Where Can You Trade Currency?


Quick Answer

Currency trading is offered by many different brokers and market makers, but a simple method is to trade currency on websites such as FOREX.com or FXCM.com. Both websites provide online currency trading accounts, as well as practice accounts to help beginners get comfortable with the trading platform.

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Where Can You Trade Currency?
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Full Answer

FOREX.com offers users a market of over 50 currency pairs, as well as gold and silver market trading. To assist users, FOREX.com features an Execution Scorecard and professional guidance and support. The Execution Scorecard keeps track of user currency trades to prove that FOREX.com has superior pricing and trade executions. The FOREX.com research team provides insights and trade ideas to help users with trading. In addition, video tutorials, guides and trading courses are also available to users.

FXCM offers currency trading with a commission as low as $0.04 and spread as low as 0.3, as of April 2015. FXCM features free trading education, trading insights and customer service at any time. The FXCM transparent pricing model consists of low commissions and tight spreads, and users receive a direct quote from providers with no hidden mark-up fees. A limited selection of Forex rates and spreads are available on the website home page. To see the full selection of spreads, users must sign up for a practice account or visit the Forex pricing page.

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