Introduction to Foreign Exchange Course Overview

This introductory course on foreign exchange (FX) covers the fundamental knowledge you need to know about the FX markets. You will learn the mechanics and purposes of FX, how to quote bid/offer rates and calculate cross rates, as well as the various types of FX products available to investors, corporations and market-makers. At the end of this course, you will be given case studies where you will have to apply what you've learnt in the course.

Why Take This Introduction to Foreign Exchange Course

This course covers the basic mechanics of FX and the different FX products one can strategically use to hedge their positions. Throughout this course, you will be practicing your skills with Excel exercises and interactive quizzes to ensure you have good understanding on each key topic.

Major topics covered in this course include:

  • Types of exchange rates
  • When, where and how is FX traded
  • Bid/offer spreads
  • Currency groups
  • Cross rates (direct and indirect quotes)
  • FX forwards
  • FX swaps
  • Cross-currency swaps
  • Carry trades
  • FX options
  • Non-deliverable forwards (NDFs) and special drawing rights (SDRs)

Introduction to Foreign Exchange Is a Required Course of CFI’s CMSA™ Program

CFI’s Capital Markets & Securities Analyst (CMSA)™ program covers all the basic, intermediate, and advanced topics about sales and trading, investment banking, and asset management. This program teaches you trading strategies used in the finance and capital markets industry. It is ideal for students who want to learn how to trade different asset classes. The program is completely online so you can take it at your own pace, from anywhere in the world.

Common career paths for students who take the CMSA™ are Sales & Trading, Asset Management, Wealth Management, Treasury, Risk Management, and other capital markets careers.

Who Should Take This CMSA™ Course?

This Introduction to Foreign Exchange course is perfect for anyone who would like to build up their understanding about capital markets. This course is designed to equip anyone who desires to begin a career in fixed income, equity, sales and trading, or other areas of finance with the fundamental knowledge of foreign exchange.

What You'll Learn

Case Studies

Introduction to Foreign Exchange

$97.00 Enroll Now Free Preview

Approx 4.5 hrs to complete


From $847.00
Full Immersion Capital Markets & Securities Analyst (CMSA)™
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From $497.00
Self-Study Capital Markets & Securities Analyst (CMSA)™
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Path to Certification

Prep Courses

courses from beginner to intermediate level.


Core Courses

6 courses from beginner to intermediate level.


Elective Courses

7 courses in advanced and intermediate levels.


Get Certified

Submit your CMSA™ checklist and order your certificate.

CMSA Certificate 04Required

Join Our Community

Get access to the Global Corporate Finance Society.


How the Certification Works

Capital Markets & Securities Analyst (CMSA)™ courses are offered 100% online, allowing you the flexibility to start the Capital Markets & Securities Analyst (CMSA)™ program anytime and learn when it’s most convenient for you.
Students must complete all core and 7 elective courses (13 in total) and demonstrate mastery of the topics through successful completion of course materials, quizzes, and assessments.
Within 48 hours of program completion, your Blockchain Verified (CMSA)™ Certification will be emailed to you.

What Our Students Say

Kwong Sang Yeung
A good course of FX to the beginners
This course is a good introductory course of foreign exchange for all the beginner. The course content starts from the beginning level to the operation level. Great .
Abdaullah AlHammad
good course
Introduction to Foreign Exchange
Excellent content and excellent delivery.
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Frequently Asked Questions

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CMSA Certificate

Capital Markets & Securities Analyst (CMSA)™ Program

The Capital Markets & Securities Analyst (CMSA)™ program will teach you the many asset classes, trading strategies, and procedures used in the capital markets. It is ideal for any student who wants to work in capital markets, whether on the buy-side or the sell-side. This program will give you the experience to make investment decisions and utilize appropriate trading strategies for different scenarios.


From $847.00
Full Immersion Capital Markets & Securities Analyst (CMSA)™
Buy Now
From $497.00
Self-Study Capital Markets & Securities Analyst (CMSA)™
Buy Now