There are several ways to trade in forex. The standardized contract is one way to trade in forex. Private contracts are used to lock in the exchange rate for a future date. Trading in the foreign exchange market requires calculating your risk and reward before trading. If you do not like risk, EUR/USD may be the best currency pair for you. If you want to know more you can search on usforexbrokers.com. However, the best way to learn how to trade in forex is to follow these steps to make sure you're making a profitable trade.