With Foreign Exchange you are able to speculate on the strength of one nation’s currency (the base currency) against a second nation’s currency (the quote currency). The Forex market is not only the largest and most liquid market, it is also highly volatile due to constant movements of currency pairs.
*Forex CFDs are leveraged financial instruments. The value of CFDs is determined based on the value of the underlying currency pair. CFDs are settled in cash, clients have no right to the underlying asset.