Forex trading, also known as foreign exchange trading or currency trading, involves buying and selling currencies in order to profit from their fluctuations in value. Forex is the largest financial market in the world, with a daily trading volume of over $6 trillion USD. Unlike other financial markets, forex operates 24 hours a day, five days a week, as it is a global market that includes traders from all over the world.
Forex trading is carried out through a network of financial institutions, such as banks and brokerages, that act as intermediaries between buyers and sellers. Traders can speculate on the direction of a currency pair’s value by taking either a long or short position, meaning they can profit from both rising and falling markets.
Trading opportunities in bull and bear markets
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Products | Buy | Sell | Spread | |
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EUR / USD | ||||
AUD / USD | ||||
GBP / USD | ||||
USD / JPY |