Skip to content

How To Buy and Sell Forex Pairs

how to buy sell trade forex pairs

The first currency is the base currency. The second currency is the settlement currency.

E.g. for the USD/SGD pair:

If you wanted to obtain Singapore Dollars (SGD), you would SELL the USD/SGD pair.

If you wanted to obtain United State Dollars (USD), you would BUY the USD/SGD pair.

In forex trading and in brokers such as Interactive Brokers, this would be the way you’d convert from one currency to another.

2 thoughts on “How To Buy and Sell Forex Pairs”

Leave a Reply

Your email address will not be published. Required fields are marked *