What is the Forex Market

Forex Market

The Foreign Exchange Market is also referred as Forex market, FX market or Currency Market. Forex Markets trade the actual exchange rate between two currencies (i.e. the most traded currency pair is the EUR/USD, this is the value of 1 Euro in US Dollars).

The Forex Market is the biggest and most liquid financial market in the world, with more than 3 trillion dollars of turnover on a daily basis.

There is no physical location, where all the volume is traded at, this is called an Over The Counter (OTC) Market, due to the fact that all transactions over the world are conducted via telecommunications (phone, on-line platforms, etc).

For more information about Forex, please visit the following pages:

Benefits of the Forex market. How you can take advantage of all the benefits of the forex market

Forex vs. other financial markets. A comparisson between the forex market against the stock and futures market.

Currency Trading Basics. Learn about all the important aspects of the forex market

How to trade the Forex market. Article that explains how we should trade the forex market

Now what? What are the next steps that you can take to start trading the forex market

 

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .