position. The Forex Market is very different than trading currencies on the futures market, and a lot easier, than trading stocks or commodities. In traders talk, this is called going long or taking a long position. Standard 100,000- US currency lots can be traded with as little.25 margin, or 250. Open an account and become an active player in the largest market on the planet. If you want to buy something, the broker will sell (or offer) it to you at the ask price. With forex (spot FX you may trade electronically any desired amount, up to 10 Million USD. The Bid, Ask and Spread All forex"s are"d with two prices: the bid and ask.
This means the ask price is the best available price at which you will buy from the market. Most currency futures are traded only versus the USD. YOU can trade 24-hours a day! Furthermore, currency futures trade in non-USD denominated currency amounts only, whereas in spot forex, an investor can trade in almost any currency denomination, or in the more conventionally"d USD amounts. As the market moves, one of the currencies will increase in value versus the other. 77 of retail investor accounts lose money when trading CFDs with this provider. You would then have 1500 Euros.