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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What Our Students Say

Macdonald Ossuetta
Quite extensive
Thank you for such an enlightening course. A structured approach that made it easier to understand.
John Ngelula
Introduction to Foreign Exchange
nice course
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
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Excellent content and excellent delivery.

Frequently Asked Questions

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