Home -> Learn to Trade -> About The Forex
 


The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with a daily reported volume of over $3.7+ trillion changing hands every day. The Forex is larger than all US equity and Treasury markets combined! Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the Forex market has no central location. It is a global electronic network of banks, financial institutions and individual traders, all involved in the buying and selling of national currencies. Another major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries all across the world, starting each day in Sydney, then Tokyo, London and New York. At any time, in any location, there are buyers and sellers, making the Forex market the most liquid market in the world.


Traditionally, access to the Forex market has been made available only to banks and other large financial institutions. With advances in technology and education over the years, the Forex market is now available to everyone, from large banks to money managers, as well as individual traders. In our opinion, the time to get involved and learn about this exciting global market has never been better.