Forex Overview
The spot foreign exchange market (commonly known as "Forex" or "FX") is conducted over-the-counter by two counter parties rather than on exchange. Initially, Forex was exchanged "interbank," because trading was limited to banks trading with each other. However, as information systems and technology advanced, financial institutions began offering competitive margin trading on foreign exchange. Speculators currently undertake the vast bulk of foreign exchange operations. Institutional investors, funds, and government institutions all contribute to the rest of the market players.
Daily Forex Market turnover is anticipated to reach 4 trillion US dollars in volume traded. Today, the forex market is the largest and most liquid of the financial markets. Forex provides traders with market access 24 hours a day, five days a week, with rates given to the thousandth of a cent!
Trading Advantages with us
Fast & Secure Execution
Flexible leverage up to 1:400
Deposits from as low as $10
