Forex, short for Foreign Exchange (also known as FX), is the largest and most liquid financial market in the world, with an average daily trading volume of around $5 trillion. Unlike traditional stock markets, Forex operates 24 hours a day, five days a week, giving traders the flexibility to buy and sell currencies around the clock.
Currency prices in the Forex market are influenced by a wide range of factors, including geopolitical developments, central bank policies, economic data, and market speculation. Participants in this global marketplace include central banks, hedge funds, multinational corporations, and individual traders.
Flexible Solutions
Tips on Forex
Flexible Solutions
Tips on Forex
Forex Trading Examples
#2 EURUSD
When trading EUR/USD, buying means you're purchasing Euros while simultaneously selling US Dollars.
#1 EURGBP
Selling EUR/GBP means you're selling Euros and buying British Pounds (Sterling).
CFDs represent intricate financial instruments and carry a substantial risk of incurring rapid financial losses due to their inherent leverage. It is worth noting that an overwhelming majority, precisely 84.43%, of retail investor accounts experience monetary losses when engaging in CFD trading with this particular provider.