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How to Trade forex? Forex trading, also known as currency trading or foreign exchange trading is the international trade of a nation's financial instruments listed on foreign exchange markets such as the New York Mercantile Exchange (New York) and London Interbank Financial Market (LONDON). Some traders trade their foreign currencies directly in cash on an interbank cash market for example, in South Korea and Japan, but most use online platforms such as MetaTrader 4 (MT4), Tradewebs and eToro. For more information about how the world's major economies trade with each other check out our guide here. Forex, like any other instrument, comes in two main forms: Physical - which is bought or paid in physical form and takes the form of coins, tokens, bars, notes or shares; Currency futures - which are bought or sold over an agreed timeframe and have the same characteristics as any other forex transaction except that they move in opposite directions. They differ from spot contract...

1. Invest your spare money into a high-yield savings account A good bank or online bank account will offer an easy way to earn interest on that money without needing any investment. You can even put some of the money you save into investments such as stocks or property. It's important, however, to keep in mind that high-yield savings accounts have no cashout rules or withdrawal limits. If you need to access them with a special account, you will likely spend time dealing with staff around opening and closing the account. The majority of banks are now offering these accounts which can be done quickly and simply by logging into their app or website. 2. Take advantage of free bonuses and loyalty rewards It is possible to get rewarded simply for signing up - and getting your first deposit bonus when using our banking app with eToro. As part of this welcome bonus process, we'll also send our customers emails reminding them of how much they have earned from us. Another great rew...