Trade Currencies
Access major, minor and exotic currency pairs on the world's leading social trading platform.
What is Forex Trading?
Forex (FX) is the global marketplace for exchanging national currencies. It is the largest and most liquid financial market in the world, with over $7.5 trillion traded every day. Unlike stock markets, forex operates 24 hours a day, five days a week, across major financial centres from Sydney to New York.
Currency trading involves buying one currency while simultaneously selling another, always in pairs such as EUR/USD or GBP/JPY. Traders profit from fluctuations in exchange rates driven by economic data, central bank policies, geopolitical events and market sentiment. On eToro, you can trade forex via CFDs with competitive spreads and advanced risk management tools.
Popular Currency Pairs
Why Trade Forex on eToro?
Largest Financial Market
Forex trades over $7.5 trillion daily β the most liquid market in the world with tight spreads.
Trade 24/5
The forex market is open 24 hours a day, five days a week. Trade when it suits your schedule.
Regulated Platform
eToro is regulated by the FCA, CySEC and ASIC β your funds are protected by top-tier regulators.
Advanced Tools
Use ProCharts, risk management tools and CopyTrader to enhance your forex trading strategy.
How to Trade Forex
Open an Account
Sign up on eToro, verify your identity and deposit funds to start trading.
Choose a Currency Pair
Browse major, minor and exotic pairs. Analyse charts and market sentiment.
Place Your Trade
Go long or short with leverage up to 1:30. Set stop-loss and take-profit orders.
Forex Trading FAQs
Start Trading Forex
Open a free eToro account and trade 40+ currency pairs with competitive spreads.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.