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WHAT IS FOREX


Forex is the largest and most liquid financial market in the world. With no centralized location of trades and virtually no trading time restrictions Forex currency market offers its great opportunities to every investor, both private and corporate. Main advantages of trading Forex are:

  • Easy to start, easy to trade;
  • 24-hour availability;
  • Margin trading;
  • Trading both in rising and falling market;
  • High liquidity.
You can find out more advantages of trading currencies online by visiting our Forex Advantages page.

Traditionally participants of the Forex market were banks and large financial institutions that traded currencies to satisfy their needs in in one or another currency or for their commercial purposes. This was the reason why Forex is also called "interbank market".

At present the Forex market comprises a global network of banks, investment firms, corporations, hedge funds, and individual investors trading one currency for another. This simultaneous purchase of one currency and sale of another was named Foreign Exchange Market now also referred to as Forex or FX.

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