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Euro Global Prop 79 90% splitTopstep 74 90% splitHalcyon Trader Funding 74 90% splitVFunded 71 85% / 80% / 90% splitBona FX 70 75% splitGoken Trader 66 80% splitMTI Prop 65 80% / 50% splitFundedNext 64 80% / 60% splitThe5ers 63 80% on the first payout, up to 100% later splitMy Funded Capital 62 70% / 80% splitDominion Funding 61 80% splitHola Prime 61 80% on the first payout, up to 95% later splitFTMO 60 90% splitLivox Capital 60 100% on the first payout, then 90% splitNeta Funded 60 90% splitApex Trader Funding 58 100% on the first payout, then 90% splitEuro Global Prop 79 90% splitTopstep 74 90% splitHalcyon Trader Funding 74 90% splitVFunded 71 85% / 80% / 90% splitBona FX 70 75% splitGoken Trader 66 80% splitMTI Prop 65 80% / 50% splitFundedNext 64 80% / 60% splitThe5ers 63 80% on the first payout, up to 100% later splitMy Funded Capital 62 70% / 80% splitDominion Funding 61 80% splitHola Prime 61 80% on the first payout, up to 95% later splitFTMO 60 90% splitLivox Capital 60 100% on the first payout, then 90% splitNeta Funded 60 90% splitApex Trader Funding 58 100% on the first payout, then 90% split

What is Forex?

Currency trading in plain terms.

What is Forex? illustration

Forex (foreign exchange) is the global market where one currency is exchanged for another. It is the largest financial market in the world, with trillions traded every day.

You always trade a currency pair. The first currency is the base, the second is the quote. If you open EUR/USD, you are buying euros with US dollars (or selling them, depending on direction).

You make money when the value of the base currency moves relative to the quote currency in the direction you took. It is not about owning a currency for life; it is about capturing the move in a pair.

Forex is decentralised: there is no single exchange. Trading happens over the counter through banks, brokers and liquidity providers around the clock, five days a week.

Key term: a 'pip' is the smallest standard price move for most pairs (usually the fourth decimal). Prices are quoted in pips to keep movements readable.

Remember that forex CFDs are leveraged instruments. Leverage amplifies both gains and losses, which is why risk management is not optional.

Takeaways

Forex is the largest, most liquid financial market in the world.
You always trade a currency pair; you profit from the move, not from holding.
Leverage amplifies both gains and losses, so risk control comes first.

Self-check

What is a 'pip'?

The standard smallest price increment for most pairs, usually the fourth decimal place.

Is forex traded on a single exchange?

No - it is decentralised and trades over the counter through banks, brokers and liquidity providers.

Trading involves risk. Educational only, not advice. Mark it complete to bank progress.

Currency Pairs and Quoting →

Your process. Capital behind it.

Four routes, up to $200K simulated, up to 90% fixed split. Read the rules before you pay.

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