Forex, or Foreign Exchange, or simply FX, is the single largest and most liquid financial market in the world. Day in, day out, market participants (individuals, institutions and banks) record turnover in excess of $6 trillion. Forex operates as an OTC (over the counter) market with no centralized location and one can trade forex 24 hours a day, 5 days a week.

The commodity traded in the Forex market is simply Money, with investors speculating on the relative strength of one currency against another. Numerous currency pairs can be traded. Some of the most popular include the EURUSD, USDJPY and GBPUSD.

Major currencies traded globally include

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

The Tight Spread Advantage