What is Forex?
FX or Forex is the largest and decentralized financial market in the world also called the foreign exchange. It is a market where currencies are exchanged and where trade is performed through the communication networks between the banks and the market makers 24 hours a day 5 days a week. In Forex, the traders aim to make profits through selling and buying currencies and commodities and the prices fluctuate in response to the change in supply and demand.
The average daily trading volume can reach $5 trillion which is nearly three times the volume of the world’s stock markets.
Opportunities in Forex
You can trade currencies based on what you think their values are (or where they are headed) but the big difference with Forex, is that you can easily trade up or down. If you expect that the currency value will increase, you can buy and if you expect that it will decrease, you can sell.
In this wide market, finding a buyer when you are selling and a seller when you are buying is easier than in other markets.
- Provide opportunities for the investors to take advantage of the movements of the currency values.
- Trading 24 hours a day from Sunday to Friday (London).
- Tight and variable Spreads.
Market Equity has developed to become one of the largest Forex market makers in the world. It has built a deep network of banks and liquidity providers which has allowed it to offer strong spreads and competitive margins to its individuals and institutional clients.