Markets & Assets
Forex Trading
Definition
Trading currency pairs (e.g., EUR/USD, GBP/JPY) on the foreign exchange market — the largest financial market by volume.
How It Works
Forex (FX) is the most common market offered by prop firms. It involves trading currency pairs, where you profit from exchange rate movements.
The forex market is open 24/5 (Sunday evening to Friday afternoon EST), offers high liquidity, and supports leverage up to 1:100 or more on prop accounts. Most forex prop firms use MetaTrader 4/5 or cTrader platforms.
Major pairs (EUR/USD, GBP/USD, USD/JPY) have the tightest spreads and highest liquidity. Forex accounts typically have more prop firm options than other asset classes.