Start trading top currency pairs today

Join millions who already trade the most popular currency pairs. Learn from experienced eToro traders or copy their positions automatically.

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$1.32350.002 (0.15%)

Last 24H

GBP/USD price (PROVIDED BY eToro)

eToro Trading School

Want to learn how to trade? Sign up for an online or classroom course and learn to trade crypto, stocks & currencies.

On-the-go trading

Trade currencies on your desktop, mobile and tablet using eToro’s custom-designed trading platform. Follow the markets and manage your portfolio wherever you go.

Learn and practice currency trading for free

eToro provides every new trader with $100,000 in a demo account. Practice your trading skills for free and start trading currencies when you are ready.

Currencies trading

Your Questions Answered

How does currency trading actually work?

A. The currency market, or forex (FX), is the largest and most liquid investment market in the world. Currencies are traded against one another as pairs (e.g. EUR/USD).

In a currency pair, the first currency is the base currency. So in the EUR/USD, the euro is the base currency as it is mentioned first. When you buy to open a trade, the base currency is the one you are selling or going ‘short’. If you are trading on margin, this is the currency you are borrowing against to buy the quote currency.

Currency prices fluctuate due to factors relating to the countries involved, for example, economic situation, geopolitical risk and trade agreements to name but a few. Learn more on how to trade currencies

How can I learn to trade currencies?

With eToro, you have access to:

  • Face-to-face (UK only) or online through the eToro Trading School
  • Multiple successful currency traders you can ask questions and learn from
  • A $100K practice trading account called the virtual portfolio
  • Email updates on the markets
What makes eToro different from forex companies?
A. Forex investments are particularly volatile, making this type of trading very popular for investors looking for quick results. However, most professional investors recommend diversifying between several types of instruments, in order to properly manage risk levels. At eToro, you can invest in currency, commodity, index, stock and ETF CFDs on our easy-to-use platform. If you aren’t sure of the best way to invest in a specific type of instrument, you can use our People Discovery tool to find traders who specialise in that instrument and learn from them or copy them directly.
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