When trading Forex, CFDs, or cryptocurrencies, you’ll often see options like Market Order and Limit Order. These are two fundamental order types that determine how and when your trade is executed. Understanding the difference helps you control your trades more effectively and avoid unwanted surprises.

In Forex trading, currencies are always quoted in pairs—like EUR/USD or GBP/JPY. Understanding how currency pairs work is one of the first steps every beginner should take. In this article, we’ll explain what currency pairs are, the difference between majors, minors, and exotics, and why some pairs are more popular than others.

Whenever you open a Forex or CFD position, you’ll see two prices: the bid and the ask. The difference between them is known as the spread—and it’s a fundamental concept that all traders should be familiar with. This article explains what bid, ask, and spread mean, how they influence your trading costs, and why understanding them is essential.