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Home arrow What is Forex? arrow Three ways to bet on forex
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 betting

This 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 started

Our 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!




 

Betting offers

Betting offer on binary bets Make your first deposit in your free trading account and get up to 20 binary bets for free >>

Mobile Forex Betting

gnuTrade iPhone App Got an iPhone? Now you can place simple Binary bets called Basic Bets on forex markets straight from your iPhone or iPod Touch. Use real or play money

Daily Forex News

Follow gnuTrade on Twitter Follow us on Twitter. Get regular updates on the live forex market prices and read the latest forex market news and views every day.

Forex betting FAQs

Trading definitions

Latest Market News

Read the latest market news on forex, bonds, indices and commodities Read today's financial market news and views. Get the latest on forex, stock indices, bonds and commodites market trading  >>

Fund your betting account

How to fund your betting account If you are ready to start real money betting we offer a variety of ways to fund your betting account