Forex Definition
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world's combined stock markets don't even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments. It is possible and essential to learn to assess attractiveness of trading instruments. InstaForex advises its clients to seize the opportunity and join ShowFx World conference and exhibitions. In September 2016 yet another event took place in Singapore.
Access to real-time market data is conditioned on acceptance of the exchange agreements. Professional access differs and subscription fees may apply. See our commission and brokerage fees for details. Forex itself is a legitimate endeavor. Forex trading is a real business that can be profitable, but it must be treated as such.
A broad range of tradable currency pairs, accessible from your single account, means you need never miss an opportunity. Concentrate your trading activity during the trading hours for the three largest Market Centers: London, New_York, and Tokyo. One week later the EURO has fallen against the US Dollar to 1.32128/1.32129, you decide to take your profit by buying back 2 standard lots at 1.32129.
The first advice we could give you is to check where the brokerage is headquartered. Regulations have increased greatly in the last 5 to 10 years, and it has, rightfully so, become increasingly expensive to do business in highly regulated countries like the United States or the United Kingdom.
We continuously strive to provide our clients with robust tools and technology to help make your trading more intuitive and comprehensive, from advanced charting packages to premium news feeds. To put that in context, that's just over double the annual economic output of the UK, which was $2.52tn in 2013, according to the World Bank.