Forex

FOREX

Currency trading or Foreign Exchange, also known as Forex or FX trading market is the world’s most traded market with almost $5.1 trillion turnover per day. Combining all the markets around the world, they don’t even come close to this, yet they are part of it. It is affected by every registered trade around the world.

Forex trading involves buying and selling of different currencies. Major currencies that are traded around the world include:

that are traded around the world include:

  • United States Dollar (USD)
  • Euro (EUR)
  • Japanese Yen(JPY)
  • Great Britain Pound(GBP)
  • Swiss Franc(CHF)
  • Canadian Dollar (CAD)
  • Australian Dollar (AUD)
  • New Zealand Dollar (NZD)

Unlike other markets, Forex trading is conducted 5 days a week and 24 hours a day across the world in all the institutions, individual traders and banks.

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