Forex
Explore trading opportunities in the world’s most traded financial market and get access to major, minor, and exotic CFD currency pairs.
Discover Forex CFDs
What are Currency Pairs?
Currency pairs are financial instruments where one currency is quoted against another currency. The quote indicates the amount you would pay in one currency for the other.
Here's a simplified example:
The currency pair GBP/USD is at 1.15. You can exchange 1 GBP for 1.15 USD.
- If GBP/USD started the day at 1.15, and by the end of the day rose to 1.16, it's because the Sterling has strengthened against the Dollar.
- If GBP/USD started the day at 1.15, then drops 1.13, it's because the Sterling has weakened against the Dollar.
Why Trade Forex CFDs with Today Markets
- Competitive spreads from 0.6 pips on EUR/USD
- Powerful charting tools integral to the markets.com intuitive platform
- You can trade Forex 24/5
- Currency pairing CFDs enables trade at a fraction of the trade's total value
- If GBP/USD started the day at 1.15, then drops 1.13, it's because the Sterling has weakened against the Dollar.
- Trade on margin and go long or short
Our most traded Forex pairs with the lowest spreads
Lot Size Calculator
A Lot Size Calculator is a tool that helps traders determine the correct position size to use based on their account balance, the percentage of risk they are willing to take, and the size of their stop-loss. Instead of guessing how many lots or units to trade, the calculator gives an exact figure that keeps risk consistent across all trades.
For example, if you have a $10,000 account and want to risk 2% ($200) on a trade with a 50-pip stop-loss, the calculator will tell you the maximum lot size you can take while keeping risk limited to $200. If your stop-loss is wider, the position size will be smaller; if it’s tighter, the lot size will be larger.
Traders use a lot size calculator to apply proper risk management and avoid overexposing their accounts. It ensures that every trade is aligned with their risk tolerance and trading plan. In short, it answers the question: “Given my account balance, risk level, and stop-loss, how big should my trade be?”
