You can practically buy or sell currencies at any time. The largest forex markets are located in big financial capitals spread all over the world like New York, Tokyo, Singapore, Sydney and Hong Kong.įorex markets are open 24 hours a day & 5 days a week.

There is no main center for forex markets as this market is always open round the clock. These transactions take place on the spot or on a forward basis. The global forex market is considered to be the largest market in the world, with average daily transactions in the range of trillions of dollars. Anybody, from any country can participate in this market. The Forex market is also considered as the largest market in terms of the total funds traded. This market is open 24 hours a day and 5 days a week except for holidays. It includes all types of currencies in the world. Forex is considered to be the most liquid and the largest market in the world. It is defined as a type of market that deals in international currencies. According to CLS, a major settler of Forex trades, the average daily traded volume in February 2018 was $1.805 Trillion! This is a market where international currencies & money are traded. Forex markets don’t get as much attention as the stock and the bond markets, but the foreign exchange (Forex) market is considered to be one of the largest financial markets in the world. This blog can help investors understand about one of the least known, yet most innovative, profitable and emerging trading market in current times. However, the reality is that it happens in almost every country of the world! It is like missing the bus and not knowing when it could be back.įorex – a form of investing is usually associated with traders based out of New York, London, Hong Kong and other major financial capitals. Similarly, not knowing when and where to invest your money is a risky proposition. An interesting line often quoted by one of the most successful investor, Warren Buffet, is, “Risk comes from not knowing what you’re doing.”.

Forex trading courses sydney