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THE FOREX MARKET
The foreign exchange market (Forex market) has been described as the market closest to having perfect conditions from an economic perspective. Its high trading volume and large number of traders, combined with its geographical range and trading hours truly make it a very unique market.

TRILLION DOLLAR MARKET
The Forex market is the largest and deepest financial market in the world. Average daily trading volume in the Forex market is estimated at 3 trillion dollars, several times larger than the combined volume of all the U.S. stock markets.

TRADING ACROSS CONTINENTS
A major advantage of the Forex market, as opposed to the stock market or other financial markets stems from the fact that it is a continuous global market. Currencies are traded electronically at several locations around the globe, 24 hours a day, from Sunday evening to Friday evening. This allows a trader to immediately react to any events or new developments.

PARTICIPANTS
Millions of people worldwide trade daily on the Forex market. Participants include banks, businesses, and private individuals. Virtually anyone can become a Forex trader, selling and buying global currencies.

TRADING FOREX
A trade occurs on the Forex market when one currency is bought while another is simultaneously sold. The currencies are traded and quoted in pairs such as Euro/U.S. Dollar or U.S. Dollar/Japanese Yen. The Forex market is not concentrated in any one exchange; rather the vast majority of Forex trades are private deals between two parties in what is known as an Over the Counter, or OTC market.

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