Lesson 3

Currency Trading Conventions

What You Need to Know before Trading

Before continuing, it is important to learn a few fundamental concepts. Some of this will be a review of content covered in the previous chapters, but the points are important enough to bear repeating. We will also expand on some of the topics you learned earlier as you prepare to make your first trade.

This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade. Past history is not an indication of future performance.

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.