Daily turnover is more that $2.5 TRILLION dollars, larger that the combined daily turnover of every stock market in the world.
The participants in this market are all the central banks around the world plus commercial banks, large corporations, hedge funds and institutional investors.
Thanks to modern technology this market is now available to private individuals like you and me.
The Forex market is trading two currencies of different countries, just like when you travel overseas and notice the currency rates are constantly changing due to supply and demand.
For example you can buy US dollars and sell EUR dollars or sell Japanese Yen and buy Swiss Francs to potentially gain a profit from the price fluctuations in the two currencies.
It’s as basic as trading one currency against another.
Why trade Forex Markets?
The major advantage of trading Forex rather than shares is that you can profit from a rising or a falling market and given the current state of uncertainty around the world at present with the right education and knowledge it can be a much safer place to trade than buying shares and holding for the long term.
Imagine being able to profit regardless of which way the world economies are going, unlike traditional share trading you can make a profit regardless of which way the market goes - up or down.
Many investors buy property because of the leverage - you put down a 20% deposit and borrow the remaining 80% from the bank ( leverage of 5:1), you benefit from the capital growth as the property increase in value over time.
The Forex market can be leveraged at 50:1, 100:1 or more, it is this leverage that if used correctly that allows you to profit from currency movements. Unlike share that may increase $5 and you gain a $5 profit, Forex can move $5 and you can gain $500, it is the leverage that amplifies your profit or loss potential.
By teaching you how to trade this market by minimizing your risk and maximizing your profit potential you can generate substantial returns far greater than other traditional investments.