What is Forex Trading?
The Forex market that is opened 24/5 and considered to be the largest and most liquid trading facility in the world. The turnover is more than 4 trillion Dollars per day and this number is more than any other market. Forex is intended for buying and selling different global currencies, which are paired into single trading instruments. For example, the Euro vs. the US Dollar (EURUSD). One of the currencies is a good, the other one is a tool for paying for this good. The profit form trading is gained due to the currency exchange rate change to one of the directions as the time goes by.
One can trade on Forex even without significant investments, because most of the brokers provide traders with access to trading with the leverage. Thanks to this, traders can perform trading operations that involve bigger amounts of money than they actually have on their accounts. The leverage may increase the profit a trader receive from transactions, but at the same time it may increase their losses as well.
Popular Forex instruments
* — Forex instruments quotes as of May 14th 2018.