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Oct
25
XM at The Forex Day Financial Expo
Since the beginning of 2018, XM has attended several financial events in different…
FAQ
Simply stated, each country has its own currency. Currency trading occurs when one country’s currency is traded for another country’s currency at the prevailing exchange rate.
All currency trading is traded in amounts called LOTS. Each lot has a different amount of currency. For example; a Swiss Franc lot has 125,000 Swiss Francs in it. A trader does not buy lots in order to buy and sell it or trade it. A trader opens a margin account, enabling him the right to trade it.