Many thanks for your comment and I will try to explain. Fixed odds is a way to trade the various markets but with very low risk as your loss is always known before you enter the trade ( which is not the case in most trading) – when you trade in the currency markets for example you will need to place a stop loss to limit your losses and take you out of the market at a certain point, With fixed odds if you only want to bet £10 on a trade, then this is the maximum you can lose – no more no less. Where fixed odds differs is that the type of trade you can enter is very different – a no touch trade for example is basically saying that you do NOT expect the particular price to be hit in the period – so with the GBP/USD if we enter a trade that the currency pair will not touch 1.45 for example in the next ten days, and you are right, then you will win the amount specified when you entered the trade. There are a whole series of bet types including one touch, double touch, no touch etc – I have another site which explains all these in detail at fixed odds trading – If you would like to practice, there is a demo account you can use – just follow the link to choosing a fixed odds broker on the site – hope this helps and good luck with your trading – Anna