What is the Global Forex Market?
Today, the Forex market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are continually and simultaneously bought and sold across local and global markets. The value of traders' investments increase or decrease based on currency movements. Foreign exchange market conditions can change at any time in response to real-time events.
The main attractions of short-term currency trading to private investors are:- 24-hour trading, 5 days a week with non-stop access to global Forex dealers. (elsewhere we say the market is 24/7, not 24/5)
- An enormous liquid market, making it easy to trade most currencies.
- Volatile markets offering profit opportunities.
- Standard instruments for controlling risk exposure.
- The ability to profit in rising as well as falling markets.
- Leveraged trading with low margin requirements.
- Many options for zero commission trading.
Understand the Forex market
Forex Market - Short History
Types of Exchange Rate Trading Systems
Participants in Today’s Forex market
Market Making in Currency Trade
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