Beginner’s guide to forex

What is a currency pair and why are the foreign exchange markets so popular with traders?
Trading the world’s currency markets was once the exclusive preserve of international banks and hedge funds. All that has changed over the past 20 years and now it is very straightforward for you to speculate on the direction of the likes of the pound, euro or yen. Forex trading can still be a daunting prospect for those undertaking it for their first time as it is full of unfamiliar...

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Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

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