FOREX TRADING

The average daily turnover of the FX market is up to 5 trillion USD, several times more than any stock market in the world. The high volatility makes FX one of the most exciting markets for traders.

The forex market is open 24 hours a day, 5 days a week. It starts with New Zealand opening followed by Australia, Tokyo, London and finally closing in New York. Forex (FX) means the exchange of one currency for another. There are always investment opportunities in the FX market, if the investor is optimistic about the trend of a certain currency, they may go short/sell or go long/buy it.

Forex prices fluctuate constantly, this can be due to a number of scenarios, including political turbulence, interest rates being increased/decreased, stock market movement, economic environments, military affairs and many other factors.

Participants in the forex market include: commercial institutions, investment banks, hedge funds, governments, issuers of banknotes, transnational organisations and private investors from many different countries. The high liquidity these participants generate (the amount of money available to buy or sell) provides a steady flow of investment opportunity.