How to make money exchanging currency - But currency trading offers a bit of protection by being a bit less flexible: you can't buy any nation's money on margin, so unlike equity trading, where a bad leveraged buy can leave you owing more than your initial investment, in the currency exchange market, your risk is limited. . dollar:The first listed currency to the left of the slash (“/”) is known as the base currency (in this example, the british pound), while the second one on the right is called the counter or quote currency (in this example, the u. Currency trading, which became possible for the average investor about 15 years ago, has added that social aspect -- and been made all the easier -- thanks to online broker oanda and its retail platform, fxunity, which has mobile and gamification features. You want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price.
Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them.