Free Forex Lessons

A Forex Trader buys and sells a currency pair using online forex brokers and systems such as Metatrader MT4. They buy and sell in hopes of making a profit from either direction. While a FX trader can make money when a currency pair rises, they can also make money when if falls if their initial order was to sell. There are always two different currencies involved in a trade (thus the currency pair) because when you buy for example Euros, you must have another currency in order to make the exchange.