WHAT IS FOREX?

What is Forex Trading? Forex is one of the largest financial markets in the world that represents a highly lucrative opportunity for traders.

Forex has proven to be a great extra source of income for successful investors. Forex is a market where currencies are traded. Most people do not realize the importance of currencies; however they need to be exchanged in order to conduct foreign trade and business.

One of the perfect aspects of the international market is that there is no central marketplace and currency is conducted electronically, which means transactions occur via computer networks. The market is open 24 hours a day and currencies are exchanged worldwide in major centres of the world, e.g. London, New York, Tokyo. Forex is active any time of the day.