Trading Basics
Base Currency
The first currency quoted in a forex pair.
Other Trading Basics
Credit Account
For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.
Carry Trade
A forex trading strategy of borrowing funds in a low-interest rate currency and buying assets in higher yielding currency.
For years this was selling Yen to buy Dollars.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
