Ever wondered how the value of your money changes when you travel abroad? You've already joined the world's largest financial market.
The Foreign Exchange (Forex or FX) market is where people trade currencies. It runs 24 hours a day, five days a week and powers global trade and investment.
This guide will help you understand exactly que es forex y como funciona (what Forex is and how it works). We will then show you a clear path for como invertir en forex (how to invest in Forex) safely.
Here is what you will learn:
Think of the Forex market as a giant global auction. There is no central building like a stock market.
Instead, it works through a network of banks, companies, and individual traders. Currencies are bought and sold online, creating a market where values change every second.
The size of the Forex market is huge. So, cuanto mueve el mercado de forex al dia? (how much does the forex market move per day?).
According to the 2022 survey from the Bank for International Settlements (BIS), daily trading reached $7.5 trillion. This massive volume means you can almost always buy or sell major currencies instantly.
You can find more details in the official BIS survey report.
The market includes many different types of traders. Each plays an important role.
This section explains the basics of como funciona forex, from theory to what you'll see on a trading screen. Understanding these ideas is key to learning forex trading como funciona.
Every Forex trade involves buying one currency while selling another. This is why currencies come in pairs.
The first currency is the "base" currency. The second is the "quote" currency.
Category | Description | Examples |
---|---|---|
Major Pairs | Include the USD and another major currency. Very liquid. | EUR/USD, GBP/USD, USD/JPY |
Minor Pairs | Major currencies that don't include the USD. | EUR/GBP, EUR/JPY, AUD/CAD |
Exotic Pairs | A major currency paired with one from a smaller economy. | USD/MXN, EUR/TRY, JPY/NOK |
The forex tipo de cambio (Forex exchange rate) always shows two prices: the bid and the ask.
Let's use an example: EUR/USD = 1.0850/1.0852.
The first number, 1.0850, is the "bid" price. This is the price at which you can sell euros.
The second number, 1.0852, is the "ask" price. This is the price at which you can buy euros.
The small difference between these prices is called the "spread." This is how brokers make money.
A "pip" is the smallest standard unit of change in a currency pair's price. For most pairs, a pip is the fourth decimal place (0.0001).
If EUR/USD moves from 1.0850 to 1.0851, it has moved one pip. For pairs with the Japanese Yen (JPY), a pip is the second decimal place (0.01).
Pips measure your profit or loss. If you buy EUR/USD at 1.0850 and sell at 1.0900, you've made 50 pips profit.
"Lots" refer to the size of your trade.
Leverage lets you control a large position with a small amount of money. It's like a loan from your broker.
With 100:1 leverage, you can control a $100,000 position with just $1,000. This money you put up is called "margin."
Leverage increases both possible profits and losses. It can be very risky for new traders.
The Forex market runs 24 hours a day because of different time zones and trading sessions. The four main sessions are:
The busiest trading times happen when sessions overlap. This is when prices move the most, creating more trading chances.
The biggest overlap is between London and New York. A huge amount of trading happens during this four-hour window.
Session | Overlap with Next Session | Key Characteristics |
---|---|---|
Sydney | Tokyo | Quieter start to the week |
Tokyo | London | Focus on Asian pairs like JPY, AUD |
London | New York | Highest volume and price movement |
New York | (Closes the trading day) | High volume, reacts to US news |
Understanding the horario mercado forex (Forex market hours) helps with your trading decisions. If you like fast-moving markets, you might focus on the London/New York overlap.
If you prefer slower markets or trade pairs like AUD/JPY, the Asian session might work better for you.
Here is a practical plan for how to start trading. This is como invertir en forex broken down into simple steps.
This is your most important decision. Your broker must be trustworthy and regulated by a respected authority.
Look for regulation from groups like the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC). You can check a broker's status on the regulator's website, like the FCA Register.
Also compare their costs, trading platforms, and customer support.
Opening an account is usually simple. You'll need to provide ID (like a passport) and proof of address (like a utility bill) to comply with rules.
Then you'll fund your account. Most brokers offer several payment methods, including bank transfer, credit card, or e-wallets.
Never trade without a plan. A trading plan is like a business plan that guides your decisions.
Your plan should define what currencies you'll trade, when you'll trade, and your strategy for entering and exiting trades. It must include risk management rules.
A demo account uses fake money in a real market. This step is essential.
Before risking real money, spend time on a demo account. You can make mistakes without losing actual cash.
Take your demo account seriously. Use it to test your trading plan until you can follow your strategy consistently.
Once you're making consistent profits on a demo account, you can try trading with real money. Start small.
Place your first trades using the smallest position size, a micro lot (0.01). This lets you experience real trading with minimal risk.
Let's walk through an example trade to see how all these concepts work together.
Let's say based on recent economic news, we think the Euro will strengthen against the US Dollar. We believe the EUR/USD rate will rise, so we decide to "buy" the pair.
We'll define every aspect of the trade before entering. This is key to disciplined trading.
Our potential reward (60 pips) is twice our potential risk (30 pips). This gives us a risk/reward ratio of 1:2.
Two main outcomes can happen, and both are controlled. If the market drops to 1.0820, our stop-loss closes the trade for a small, planned loss.
If the market rises to 1.0910, our take-profit order closes the trade for a planned profit. The most important part isn't whether we win or lose this trade.
It's the process. By setting our risk and reward upfront, we've removed emotion and made a business decision.
Good trading is more about managing risk than making big wins. Protecting your money is your most important job.
The most important risk rule is to risk only a small percentage of your trading money on any single trade. Professionals typically follow the 1-2% rule.
This means if you have a $2,000 account, don't risk more than $20 to $40 on one trade. This ensures a string of losses won't wipe out your account.
There are two main ways to analyze markets for trading opportunities.
Many traders use both approaches together.
Avoiding common mistakes can greatly improve your chances of success.
You now understand que es forex y como funciona and have learned about currency pairs, pips, leverage, market hours, and the steps for como invertir en forex.
Remember that successful trading takes time to learn. It's a business built on education, discipline, and risk management.
Your journey starts now. Open a demo account, use what you've learned, and take your first careful step into the world's largest financial market.