Forex trading basics: pairs, pips, and sessions

Forex is the largest financial market in the world, with about $7.5 trillion changing hands each day. You trade currency pairs: the first currency is the base, the second is the quote. A move in the pair is a change in that relative value.

The market is open 24 hours a day, five days a week, across the major sessions. Spreads on Kemit Forex accounts can start from 0.0 pips, with leverage up to 1:500 depending on the instrument and your account type.

Start with majors, keep size small, and read the risk disclosure before you fund a live account.