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Three ways to bet on forex |
Here's a quick summary of the different ways you can bet on forex with your free play money or real money gnuTrade account.
Basic Bets/Binary Bets
Will your favourite forex markets be up or down in the next five minutes? What about in the next few hours, or by the end of the day? A Basic Bet, which is a type of binary bet, is the simplest way to express your views on currency market movements.
Choose your bet amount, the length of the bet (minutes or hours), and the outcome you expect when the binary bet closes (market price up or down). If you are right, you win.
More info on binary bets
Per point bettingThis is the classic way to bet on a forex market, by 'buying' when you think the market price will rise, and 'selling' when the price goes up, to collect your profits. You can also place forex bets in the opposite direction, if you think a currency market price is going to fall.
More info on per point bets
Back a player bets
If you like the way any of our Top 10 traders are betting, you can choose to 'back' them instead of actively following the markets yourself.
More info on betting on traders
Tips to get startedOur quick-start video tutorial will show you how to place bets with our game-like Trader Screen, and our short trading tutorials will teach you the basics of financial trading and forex betting. You can access these via the Trader screen.
Join gnuTrade and start forex betting — today!
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