Is trading currency easy
Mar 07, 2020 · Exchanging currency is not a good way for passive investors to make money. It is easy to get started trading money at many large brokerages and specialized forex brokers. Beginner's guide to currency trading | The Independent If they are right then the value of their currency rises and they can sell for a profit. If their hunch was wrong then they lose. For example, the GBP/USD rate shows the number of dollars one pound can buy. If a trader believes the pound will increase in value against the dollar then they use dollars to buy pounds.